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Stock impact report

CORRECTED-Four senior execs leave AutoNation amid restructuring, bleak outlook (Jan 7) [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
CORRECTED-Four senior execs leave AutoNation amid restructuring, bleak outlook (Jan 7) | Reuters 2 Min Read (In Jan 7 story, corrects headline to clarify four senior execs are leaving the company, not its four top execs) 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 netw Show less Read more
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