AutoNation appoints Mike Manley as CEO effective Nov 1, 2021; Jackson retires

AUTONATION, INC.

Michael Manley appointed CEO and director, effective Nov 1, 2021; current CEO Michael Jackson retires.
Manley previously Head of Americas at Stellantis, former CEO of Fiat Chrysler Automobiles.
Employment terms: $1.3M base salary, target annual bonus 200% of base, $7.2M annual LTI, $6.7M RSU inducement, $1.5M cash sign-on.
Manley joins Board; initial 3-year term with automatic renewal.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Michael J. Jackson

Chief Executive Officer

AN · AUTONATION, INC.

Effective: 2021-11-01
Successor: Michael Manley
Filed: September 21, 2021, 7:59 PM ET

Michael J. Jackson, the current Chief Executive Officer of the Company and a member of the Board, will retire from both roles, effective November 1, 2021.

Appointed

Michael Manley

Chief Executive Officer

AN · AUTONATION, INC.

Effective: 2021-11-01
Filed: September 21, 2021, 7:59 PM ET

appointed Michael Manley as Chief Executive Officer of the Company and as a member of the Board, effective November 1, 2021.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael J. Jackson departed as Chief Executive Officer at AUTONATION, INC..

Action: retire
Role: Chief Executive Officer

Exact text from the filing

Michael J. Jackson, the current Chief Executive Officer of the Company and a member of the Board, will retire from both roles, effective November 1, 2021.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Manley was appointed as Chief Executive Officer at AUTONATION, INC..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

appointed Michael Manley as Chief Executive Officer of the Company and as a member of the Board, effective November 1, 2021.

View on SEC.gov

AUTONATION, INC. filing history →

Source: SEC EDGAR

accession 0000350698-21-000137

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