AutoNation Names G. Mike Mikan to Board of Directors
FORT LAUDERDALE, Fla., March 7, 2013
FORT LAUDERDALE, Fla., March 7, 2013 /PRNewswire/ --AutoNation, Inc. (NYSE:
AN), America's largest automotive retailer, today announced that its Board of
Directors appointed G. Mike Mikan as an independent director effective March
"We are very pleased to have Mike join the AutoNation Board," said Mike
Jackson, AutoNation's Chairman and Chief Executive Officer. "Mike brings a
wealth of operational and public company leadership experience that
complements the expertise of our other Board members."
Mr. Mikan has served as President of ESL Investments, Inc., AutoNation's
largest stockholder, since January 1, 2013. Mr. Mikan served as the Interim
Chief Executive Officer of Best Buy Co., Inc. from April 2012 until September
2012. From November 1998 through February 2012, Mr. Mikan served in various
executive positions at UnitedHealth Group Incorporated, including as Executive
Vice President and Chief Financial Officer, as well as Chief Executive Officer
of its Optum subsidiary, a diversified health services business.
AutoNation also announced today that William C. Crowley has decided not to
stand for re-election to the AutoNation Board and will retire from the
AutoNation Board effective upon completion of AutoNation's 2013 Annual Meeting
of Stockholders, which is expected to be held in May 2013, so that he may
focus on other professional interests.
"It has been an honor and pleasure to have served with the Board of
AutoNation," said Mr. Crowley. "I remain a significant shareholder, and I have
great confidence that Mike Jackson, his leadership team, and the rest of the
Board will continue to improve the business and create value for
"Bill has been a member of our Board for over ten years, and his guidance and
partnership have helped me lead our company," said Mr. Jackson. "We thank him
for his years of service on the Board."
About AutoNation, Inc.
AutoNation is transforming the automotive retail industry through bold
leadership. We deliver a superior automotive retail experience through our
customer-focused sales and service processes. Owning and operating 265 new
vehicle franchises, which sell 32 brands across 15 states, AutoNation is
America's largest automotive retailer, with state-of-the-art operations and
the ability to leverage economies of scale that benefit the customer. As an
indication of our leadership position in our industry, AutoNation is a
component of the S&P 500 Index. AutoNation is driven to be the best-run, most
profitable automotive retailer. Follow us at www.facebook.com/autonation and
For additional information about AutoNation, please visit
investors.autonation.com or www.autonation.com.
SOURCE AutoNation, Inc.
Contact: Marc Cannon, +1-954-769-3146, firstname.lastname@example.org, Investor:
Cheryl Scully, +1-954-769-7734, email@example.com, Robert Quartaro,
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