AutoNation President and COO to Retire in April
Mike Maroone will be retiring as AutoNation's president and COO in April. He will be replaced by current CEO Mike Jackson and senior executive Bill Berman.
FORT LAUDERDALE, Fla. — AutoNation announced that Mike Maroone will be retiring on April 1 after more than 15 years as the company’s president and COO. Effective Feb. 1, 2015, current Chairman and CEO Mike Jackson will be taking on additional duties as AutoNation’s president.
“Mike Maroone and I have had a 15-year partnership that has brought AutoNation tremendous success,” said Jackson. “I am thankful for his leadership and partnership over the years and wish him all the best after his retirement.”
Maroone will continue to act as the president and COO until Feb. 3, after which he will serve in a transitional role until his retirement. AutoNation executive Bill Berman will take over as the company’s new COO and has been promoted to executive vice president as well.
Maroone was with AutoNation for more than 18 years.
“I have had a rewarding career as an executive at AutoNation over my 18 years with the company,” said Maroone. “I am proud to have been a key part o the leadership team responsible for the company’s operating success.”
Originally posted on F&I and Showroom
More Dealer Ops
Dealer Debrief: August Auto Sales
Gas-powered engines still dominate the U.S. vehicle market, but hybrids are gaining ground as consumers look for ways to cut their gas costs.
Read More →
Dealership Profits Decline
While new and used retail sales stagnated, dealerships have been particularly supported by fixed operations and finance-and-insurance profits, according to a new report.
Read More →
Dealer Debrief: Defection Data & EV Updates
In this week's debrief, host Lauren Lawrence discusses how to use defection data to your advantage and the latest on EV sales and charging infrastructure.
Read More →
How Defection Data is Bridging the Dealership Conversion Gap
Lead volume is flat, cross-shopping is up and brand loyalty is in retreat. As confident sales teams keep losing buyers they thought they had, daily industry sales data is showing dealers exactly where their funnel is breaking and how to fix it without buying a single new lead.
Read More →
Dealer Debrief: Where are you losing customers?
In this week's debrief, host Lauren Lawrence discusses the hidden leaks in dealerships where you might be losing customers without even realizing it.
Read More →
Dealer Debrief: Improving Your Inventory Management
In this week's debrief, host Lauren Lawrence covers a new survey that shows what service technicians really want and two launches that could help improve your inventory and vehicle life cycle management.
Read More →
Ladies and Gentlemen, This Is a Dealership: Why the Fundamentals Still Decide Who Wins
A teaching moment by a legendary football coach happens to apply perfectly in the auto retail space. Learn what it is and how to use it to your store’s advantage.
Read More →
Dealer Ads and the FTC
The agency has made it clear in recent enforcement actions and warnings, in auto retail and other industries, that advertised prices must include all nonoptional costs to the consumer.
Read More →
Used Autos Supply Dwindles
The March shopping surge, despite high prices, cut into inventory by the most since the thick of the pandemic, Cox Automotive analysts calculated.
Read More →
Managing Risk Effectively Through Changing Times
The variables influencing risk pricing have changed significantly over the past five years. Being proactive and responsive to emerging trends is not optional but essential.
Read More →