FORT LAUDERDALE, Fla., June 22 /PRNewswire-FirstCall/ -- AutoNation,
Inc. (NYSE: AN), America's largest automotive retailer, announced today
that its Board of Directors has appointed Robert R. Grusky and Carlos A.
Migoya as independent directors of the Company. These additions expand
AutoNation's Board from seven to nine members and increase the number of
independent directors to seven. Messrs. Grusky and Migoya were also
appointed to serve on the Company's Audit Committee.
"We are very pleased that Bob and Carlos are joining our Board," said
Mike Jackson, Chairman and CEO of AutoNation. "They each have strong
business and financial backgrounds, and we look forward to the
contributions that they will make to our Board."
Mr. Grusky is the Managing Member of Hope Capital Management, LLC, an
investment firm that he founded in 2000. He also serves as a Senior Advisor
to New Mountain Capital, LLC, a private equity firm that he co-founded in
2000, and served as a Managing Director and Principal until 2005.
Previously, between 1985 and 1997, Mr. Grusky also served in various
capacities, including Vice President, for Goldman, Sachs & Co. in its
Mergers & Acquisitions Department and Principal Investment Area.
Mr. Migoya serves as Regional President for Wachovia Bank, Florida. In
his present position with Wachovia, Mr. Migoya is responsible for
Wachovia's banking businesses in Dade and Monroe Counties in Florida. Mr.
Migoya has more than 32 years' experience in banking.
ABOUT AUTONATION, INC.
AutoNation, Inc., headquartered in Fort Lauderdale, Fla., is America's
largest automotive retailer and a component of the Standard and Poor's 500
Index. AutoNation has approximately 27,000 full-time employees and owns and
operates 345 new vehicle franchises in 16 states. For additional
information, please visit http://corp.AutoNation.com or
http://www.AutoNation.com , where more than 100,000 vehicles are available
for sale.
SOURCE AutoNation, Inc.
 back to top
Related links:
http://corp.autonation.com
http://www.AutoNation.com
Photo Notes:http://www.newscom.com/cgi-bin/prnh/20001017/AUTONATIONLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
http://www.prnewswire.com/comp/750525.html /
CONTACT:
Marc Cannon, AutoNation, Inc.,
+1-954-769-3146, or cannonm@autonation.com
|
