AutoNation, Inc. (NYSE:AN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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AutoNation, Inc. (NYSE:AN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 15, 2017, William R. Berman resigned from his position as President and Chief Operating Officer of AutoNation, Inc. (the “Company”), effective immediately. Mr. Berman will continue to serve as an employee of the Company in an advisory capacity through June 30, 2017. Mike Jackson, the Company’s Chairman and Chief Executive Officer, has assumed all operating responsibilities on an interim basis until Mr. Berman’s replacement is named.

About AutoNation, Inc. (NYSE:AN)

AutoNation, Inc. is an automotive retailer in the United States. The Company offers a range of automotive products and services, including new vehicles, used vehicles, parts and service, which includes automotive repair and maintenance services, as well as wholesale parts and collision businesses, and automotive finance and insurance products, including vehicle service and other protection products, as well as the arranging of financing for vehicle purchases through third-party finance sources. It operates through three segments, including Domestic, Import and Premium Luxury. Its Domestic segment consists of retail automotive franchises that sell new vehicles manufactured by General Motors, Ford and FCA US. The Import segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Toyota, Honda and Nissan. The Premium Luxury segment consists of retail automotive franchises that sell new vehicles manufactured by Mercedes-Benz, BMW, Audi and Lexus.

AutoNation, Inc. (NYSE:AN) Recent Trading Information

AutoNation, Inc. (NYSE:AN) closed its last trading session up +0.43 at 39.67 with 944,555 shares trading hands.

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