---
schema_version: "secwatch.filing_event.v1"
accession: "0000350698-23-000121"
form_type: "8-K"
ticker: "AN"
cik: "0000350698"
company_name: "AUTONATION, INC."
filed_at: "2023-09-22T23:59:59+00:00"
generated_at: "2026-06-10T09:56:56.372200+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# AutoNation hires Jeff Parent as COO effective Oct 16; Steve Kwak departs

## Summary
- Jeff Parent, ex-President of Gulf States Toyota, named COO starting ~Oct 16, 2023.
- Compensation: $800K base salary, $1.5M sign-on cash, $300K sign-on RSUs, annual target RSUs of $1.5M.
- Current COO Steve Kwak leaves on Sept 30, 2023, to pursue another opportunity.
- CEO Mike Manley will cease serving as principal operating officer upon Parent's start.

## SEC filing metadata
- accession: 0000350698-23-000121
- form_type: 8-K
- ticker: AN
- cik: 0000350698
- company_name: AUTONATION, INC.
- filed_at: 2023-09-22T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/350698/000035069823000121/0000350698-23-000121-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/350698/000035069823000121/an-20230918.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000350698-23-000121
- JSON: https://secwatch.observer/filing/0000350698-23-000121.json
- Plain text: https://secwatch.observer/filing/0000350698-23-000121.txt

## Key facts
- Executive change
  Jeff Parent was appointed as Chief Operating Officer at AUTONATION, INC..
  - Action: appointed
  - Role: Chief Operating Officer
  source text: On September 18, 2023, the Board of Directors (the “Board”) of AutoNation, Inc. (the “Company”) appointed Jeff Parent as Chief Operating Officer of the Company, effective as of the commencement of his employment with the Company, which is expected to be on or about October 16, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/350698/000035069823000121/0000350698-23-000121-index.htm
- Executive change
  Michael Manley changed role as principal operating officer at AUTONATION, INC..
  - Action: ceased
  - Role: principal operating officer
  source text: Effective upon the commencement of Mr. Parent’s service as the Company’s Chief Operating Officer, which is expected to be on or about October 16, 2023, Michael Manley, the Company’s Chief Executive Officer and, as such, its principal executive officer, will cease to be the Company’s principal operating officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/350698/000035069823000121/0000350698-23-000121-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.