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Stock impact report

AutoNation CEO Cheryl Miller on leave for health reasons [Reuters]

AutoNation, Inc. (AN) 
Last autonation, inc. earnings: 2/11 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.autonation.com
Company Research Source: Reuters
AutoNation CEO Cheryl Miller on leave for health reasons (Reuters) - AutoNation Inc ( AN.N ), the largest U.S. auto dealership chain, said on Monday Chief Executive Officer Cheryl Miller has been granted a leave of absence for health reasons. The company said it has appointed Mike Jackson, executive chairman of board, to serve as the CEO until Miller returns. ( bit.ly/2xgdpPl ) Miller, 47, served as the company’s chief financial officer before being appointed as CEO in July last year. Since joining AutoNation in 2009, Miller has led several strategic initiatives, including the building of the company’s partnership with Alphabet Inc’s ( GOOGL.O ) Waymo and helping the dealership chain achieve investment-grade status. Earlier this month, AutoNation said its sales of new and used vehicles halved in the last two weeks of March due to global coronavirus-led lockdowns, forcing the company to place about 7,000 employees on unpaid leave. The company has implemented measures to cut costs, Show less Read more
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