AutoNation, Inc. Announces Chief Executive Officer Changes, Effective November 1, 2021
September 21, 2021 at 08:00 am EDT
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AutoNation, Inc. announced that it has appointed Mike Manley as Chief Executive Officer effective November 1, 2021. Mike Jackson will retire from AutoNation on November 1, 2021, as Chief Executive Officer. Mr. Manley currently serves as Head of Americas for Stellantis and sits on the Groups Executive Council. Most recently, Manley served as Chief Executive Officer of Fiat Chrysler Automobiles N.V. from July 2018 to January 2021.
AutoNation, Inc., through its subsidiaries, is an automotive retailer in the United States. The Company operates through three segments: Domestic, Import and Premium Luxury. Its Domestic segment consists of retail automotive franchises that sell new vehicles manufactured by General Motors, Ford, and Stellantis. Its Import segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Toyota, Honda, Hyundai, Subaru, and Nissan. Its Premium Luxury segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Mercedes-Benz, BMW, Audi, Lexus, Jaguar, Bentley, and Land Rover. The franchises in each segment also sell used vehicles, parts and automotive repair and maintenance services, and automotive finance and insurance products. It owns and operates approximately 349 new vehicle franchises from 252 stores located in the United States, primarily in metropolitan markets in the Sunbelt region.