AutoNation appoints Mike Manley as CEO, replacing Mike Jackson

AutoNation, the automotive retail giant, has named Mike Manley, former CEO of Fiat Chrysler, as general manager, replacing Mike Jackson,...

AutoNation, the automotive retail giant, has named Mike Manley, former CEO of Fiat Chrysler, as general manager, replacing Mike Jackson, who is retiring after leading the company for the major part of the last 22 years.

Mr. Manley, 57, will start Nov. 1 at AutoNation, which operates more than 300 dealerships across the country. He will be responsible for continuing to grow the business as automotive retail rapidly moves from showroom to online sales, and electric vehicles change the way consumers interact with their cars and dealerships. .

“We have built a business that is admired and respected from coast to coast to coast,” Jackson, 72, said in a statement. “I have no doubts that Mike Manley will lead AutoNation to an even brighter future.”

Mr. Manley grew up in England and worked in a dealership before studying engineering. In 2000, he joined Chrysler – then part of DaimlerChrysler – and rose to the helm of the Jeep brand during a period of rapid growth, playing other key roles when the automaker became Fiat Chrysler.

He was appointed CEO of Fiat Chrysler in 2018, and held that position until the company merged with French automaker Peugeot to become Stellantis. Mr. Manley was heading the combined company’s North American operations, but he was unlikely to become its chief executive. He did not participate in a recent one-day strategy presentation that included interviews by more than a dozen senior executives at Stellantis.

Mr. Jackson has made AutoNation a constant profit generator and a powerful influence in the automotive industry. He stepped down as chief executive in 2019, but returned to work less than a year later when two successors left the company after short stints.

During his tenure, AutoNation became the largest retailer of many automakers, including Ford Motor and Mercedes-Benz, giving the company considerable influence over the policies and strategies of several major automakers.

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Newsrust - US Top News: AutoNation appoints Mike Manley as CEO, replacing Mike Jackson
AutoNation appoints Mike Manley as CEO, replacing Mike Jackson
Newsrust - US Top News
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