Friday 19 October 2018
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30 days ago

AutoNation s Mike Jackson to step down as CEO next year

AutoNation Inc s AN.N longtime Chief Executive Officer Mike Jackson will step down from the role next year but remain executive chairman until 2021, the largest U.S. auto retail chain said on Wednesday. AutoNation s stock has more than tripled since Jackson became CEO in 1999 after the company s founder H. Wayne Huizenga hired him from Mercedes-Benz USA, where Jackson was president. The Fort Lauderdale, Florida-headquartered retailer has retained its No.1 position in the United

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