FORT LAUDERDALE, Fla.,
Jan. 15, 2015 /PRNewswire/
-- AutoNation, Inc. (NYSE: AN), America's largest
automotive retailer, today announced that Mike Jackson, Chairman and CEO, has been named
to the additional role of President effective February 4, 2015 and has signed a five year
employment contract extension through 2019. Mr. Jackson has
been the CEO of AutoNation since 1999 and the Chairman since
2002.
The Company also announced that Mike
Maroone will be retiring on April 1,
2015, after over 15 years as President and Chief Operating
Officer.
Mike Jackson stated,
"Mike Maroone and I have had a
fifteen year partnership that has brought AutoNation tremendous
success building America's premier Automotive Retailer. I am
thankful for his leadership and partnership over the years, and
wish him all the best after his retirement from AutoNation."
Mike Maroone stated, "I have had
a rewarding career as an executive at AutoNation over my 18 years
with the Company. I am proud to have been a key part of the
leadership team responsible for the Company's operating
success. I look forward to the Company's continued success in
the future."
Long-time AutoNation executive Bill
Berman has been promoted to Executive Vice President and
Chief Operating Officer effective February
4, 2015. Mr. Berman is currently Senior Vice President,
Sales. Previously, he served in a variety of positions including:
President of the Western Region since 2008, which includes
California, Arizona, Nevada, and Washington and is made up of 84 stores;
President of AutoNation's Northern California Market, and as a
General Manager.
Mr. Jackson commented, "Bill's vast retail experience and having
served in many AutoNation capacities since 1999 makes him extremely
well-suited to continue the operational excellence and peerless
customer experience that AutoNation delivers. He will join a
strong leadership team that is well positioned to drive
AutoNation's success well into the future."
Mike Maroone will continue
serving as President and Chief Operating Officer and on the Board
of Directors of AutoNation until February
3, 2015. Thereafter, Mr. Maroone will serve in a
transitional role with the Company until his April 1 retirement.
About AutoNation, Inc.
AutoNation is transforming the automotive retail industry through
bold leadership. We deliver a superior automotive retail experience
through our customer-focused sales and service processes. Owning
and operating 281 new vehicle franchises, which sell 34 new vehicle
brands across 15 states, AutoNation is America's largest automotive
retailer, with state-of-the-art operations and the ability to
leverage economies of scale that benefit the customer. As an
indication of our leadership position in our industry, AutoNation
is a component of the S&P 500 Index.
Please visit investors.autonation.com, www.autonation.com,
www.twitter.com/autonation, www.twitter.com/CEOMikeJackson,
www.facebook.com/autonation, and www.facebook.com/CEOMikeJackson,
where AutoNation discloses additional information about the
Company, its business, and its results of operations.
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SOURCE AutoNation, Inc.