AutoNation's four top execs leave amid restructuring, bleak outlook [Reuters]
AutoNation, Inc. (AN)
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Source: Reuters
AutoNation's four top execs leave amid restructuring, bleak outlook | Reuters 2 Min Read Jan 7 (Reuters) - AutoNation Inc said on Monday four senior executives including chief operating officer are leaving the company as it restructures to cut costs and expects automotive retail to be challenging this year. The top U.S. auto retailer is consolidating its regional structure from three regions to two and expects the restructuring to save about $50 million annually, it said. AutoNation said COO Lance Iserman and Chief Technology Officer Tom Conophy will leave effective immediately, while its chief human resource officer, Dennis Berger, will leave at the end of the month. Fort Lauderdale, Florida-based AutoNation appointed company veteran James Bender as executive vice president of sales. It also said Donna Parlapiano, executive vice president, franchise network, merger & acquisitions, and corporate real estate, elected to retire on Jan. 3. The restructuring comes as analysts forecast a d
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News
- Here's What Black Bear Value Partners Think About AutoNation (AN) [Yahoo! Finance]Yahoo! Finance
- AutoNation, Inc. (NYSE: AN) had its price target lowered by analysts at Bank of America Co. from $220.00 to $215.00. They now have a "buy" rating on the stock.MarketBeat
- AutoNation Announces First Quarter 2024 Earnings Conference Call and Audio Webcast Scheduled for Friday, April 26, 2024PR Newswire
- AutoNation's (NYSE:AN) five-year total shareholder returns outpace the underlying earnings growth [Yahoo! Finance]Yahoo! Finance
- 10 Fastest Growing Cities in Florida [Yahoo! Finance]Yahoo! Finance
AN
Earnings
- 2/13/24 - Beat
AN
Sec Filings
- 3/22/24 - Form SC
- 3/22/24 - Form 4
- 3/21/24 - Form 144
- AN's page on the SEC website