Michael Maroone
Director/Board Member at CARVANA CO.
Net worth: 19 M $ as of 2024-03-30
Profile
Michael E.
Maroone is currently the Chairman, President & Chief Executive Officer at Maroone USA LLC.
He is also the Chairman at Cleveland Clinic Florida Hospital, Inc., the Lead Independent Director at Carvana Co., and the Director at Salty Dot, Inc. Additionally, he serves as the Independent Director at MDH Acquisition Corp.
In the past, Mr. Maroone held the position of President & Chief Executive Officer at Maroone Automotive Group from 1977 to 1997.
He was also a Director at Cross Continent Auto Retailers, Inc. M&L, AutoNation, Inc., TrueCar, Inc., Cox Automotive, Inc., and Automotive Retail Group.
Furthermore, he served as a Trustee at The Cleveland Clinic Foundation.
Mr. Maroone obtained his undergraduate degree from the University of Colorado Boulder.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
CARVANA CO. CLASS A
0.19% | 2024-02-28 | 220,879 ( 0.19% ) | 19 M $ | 2024-03-30 |
Michael Maroone active positions
| Companies | Position | Start |
|---|---|---|
| CARVANA CO. | Director/Board Member | 2017-05-02 |
| MDH ACQUISITION CORP. | Director/Board Member | 2021-01-31 |
Cleveland Clinic Florida Hospital, Inc.
 Cleveland Clinic Florida Hospital, Inc. Hospital/Nursing ManagementHealth Services Cleveland Clinic Florida Hospital, Inc. operates a hospital. The non-profit company is based in Weston, FL. Conor Delaney has been the CEO of the company since 2020. | Chairman | - |
Maroone USA LLC
 Maroone USA LLC Real Estate DevelopmentFinance Maroone USA LLC provides real estate brokerage services. The private company is based in Fort Lauderdale, FL and has subsidiaries in the United States. Michael E. Maroone has been the CEO of the company since 2017. | Chief Executive Officer | 2017-04-30 |
Salty Dot, Inc.
 Salty Dot, Inc. Packaged SoftwareTechnology Services Salty Dot, Inc. operates as an insurance company. It offers a proprietary software-as-a-service solution that enables carriers and distribution partners to offer a customized policy to insure a product or service in real-time during the purchase process. The company was founded by James Hall and is headquartered in Park City, UT. | Director/Board Member | - |
Former positions of Michael Maroone
| Companies | Position | End |
|---|---|---|
| AUTONATION, INC. | President | 2015-01-31 |
| TRUECAR, INC. | Director/Board Member | 2012-04-30 |
Maroone Automotive Group
 Maroone Automotive Group Specialty StoresRetail Trade Part of Ingersoll-Rand Plc, Maroone Automotive Group operates new and used vehicle dealerships. The private company is based in Fort Lauderdale, FL. | Chief Executive Officer | 1996-12-31 |
Cox Automotive, Inc.
 Cox Automotive, Inc. Other Consumer ServicesConsumer Services Cox Automotive, Inc. engages in the provision of auto dealership services. It buys, sells, owns, and uses cars. It offers operations, inventory, marketing, sales, and services solutions. The company was founded by James M. Cox in 1898 and is headquartered in Atlanta, GA. | Director/Board Member | - |
| ░░░░░ ░░░░░░░░░ ░░░░ ░░░░░░░░░░ ░░░░ ░░░░░░░ | ░░░░░░░░░░░░░░ ░░░░░░ | - |
Training of Michael Maroone
| University of Colorado Boulder | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 3 |
|---|---|
| AUTONATION, INC. | Retail Trade |
| TRUECAR, INC. | Technology Services |
| CARVANA CO. | Retail Trade |
| Private companies | 9 |
|---|---|
Cross Continent Auto Retailers, Inc. M&L
 Cross Continent Auto Retailers, Inc. M&L Specialty StoresRetail Trade Cross Continent Auto Retailers, Inc. M&L owns and operates franchised automobile retail dealerships in Las Vegas, Denver, Amarillo, and Oklahoma City. Through its dealerships, the firm sells new and used cars and light trucks, arranges related financing and insurance, sells replacement parts and provides vehicle maintenance and repair services. The company was founded by William A. Gilliland in May 1996 and is headquartered in Fort Lauderdale, FL. | Retail Trade |
Maroone Automotive Group
Maroone Automotive Group Specialty StoresRetail Trade Part of Ingersoll-Rand Plc, Maroone Automotive Group operates new and used vehicle dealerships. The private company is based in Fort Lauderdale, FL. | Retail Trade |
Automotive Retail Group
 Automotive Retail Group Packaged SoftwareTechnology Services Part of Automatic Data Processing, Inc., Automotive Retail Group develops software for automotive dealers. The private company is based in Troy, MI. Automotive Retail Group was acquired by ADP Broker-Dealer, Inc. from Electronic Data Systems Corp. on March 18, 2004. | Technology Services |
Cox Automotive, Inc.
Cox Automotive, Inc. Other Consumer ServicesConsumer Services Cox Automotive, Inc. engages in the provision of auto dealership services. It buys, sells, owns, and uses cars. It offers operations, inventory, marketing, sales, and services solutions. The company was founded by James M. Cox in 1898 and is headquartered in Atlanta, GA. | Consumer Services |
Cleveland Clinic Florida Hospital, Inc.
Cleveland Clinic Florida Hospital, Inc. Hospital/Nursing ManagementHealth Services Cleveland Clinic Florida Hospital, Inc. operates a hospital. The non-profit company is based in Weston, FL. Conor Delaney has been the CEO of the company since 2020. | Health Services |
The Cleveland Clinic Foundation
 The Cleveland Clinic Foundation Medical/Nursing ServicesHealth Services The Cleveland Clinic Foundation operates as a non-profit academic, research, and medical center. It offers clinic and hospital care with research and education services. The company was founded by Charles Posternack, George W. Crile, Frank E. Bunts, William E. Lower and John Phillips on February,5 1921 and is headquartered in Cleveland, OH. | Health Services |
Maroone USA LLC
Maroone USA LLC Real Estate DevelopmentFinance Maroone USA LLC provides real estate brokerage services. The private company is based in Fort Lauderdale, FL and has subsidiaries in the United States. Michael E. Maroone has been the CEO of the company since 2017. | Finance |
Salty Dot, Inc.
Salty Dot, Inc. Packaged SoftwareTechnology Services Salty Dot, Inc. operates as an insurance company. It offers a proprietary software-as-a-service solution that enables carriers and distribution partners to offer a customized policy to insure a product or service in real-time during the purchase process. The company was founded by James Hall and is headquartered in Park City, UT. | Technology Services |
MDH Acquisition Corp.
 MDH Acquisition Corp. Financial ConglomeratesFinance MDH Acquisition Corp. is a blank check company, which was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded by Franklin H. McLarty, James Richard Wilkinson, Brent K. Whittington, and Donald Blair on July 9, 2020 and is headquartered in Southlake, TX. | Finance |
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