AutoNation Names Claire Bennett to Board of Directors

Rhea-AI Summary

AutoNation announced the appointment of Claire Bennett to its Board of Directors, effective July 8, 2024. Bennett brings extensive experience in customer service, general management, and consumer services, having held significant roles at Intercontinental Hotels Group and American Express. AutoNation aims to leverage her expertise to navigate industry, customer, and technological changes. The company, known for its personalized transportation services, seeks to benefit from Bennett's background as it continues to innovate and provide exceptional services.

Positive

• Appointment of experienced executive Claire Bennett to AutoNation's Board, potentially bringing valuable insights and leadership skills.
• Bennett's background in customer experience and transformation could drive growth and improve customer satisfaction at AutoNation.
• Her tenure at IHG and American Express showcases her ability to manage large, complex organizations, which could be beneficial for AutoNation.

Negative

• Potential concerns about continuity and integration of new leadership within the existing board.
• No immediate impact on financial metrics or business operations outlined, causing uncertainty in immediate shareholder benefits.

FORT LAUDERDALE, Fla., July 11, 2024 /PRNewswire/ -- AutoNation, Inc. (NYSE: AN), a provider of personalized transportation services and America's most admired automotive retailer, today announced that its Board of Directors appointed Claire Bennett to the AutoNation Board, effective July 8, 2024. Ms. Bennett will serve as an independent director.

"We are pleased to have Claire join the AutoNation Board," said Rick Burdick, AutoNation's Board Chairman. "We look forward to the experience and insight she will bring to the Board."

Ms. Bennett is a tenured global leader with an extensive customer experience, general management and consumer services background.  She has worked as a senior executive to help drive significant transformation in large, complex organizations through periods of dynamic industry, customer, and technological change. Her experience spans multiple industries, including consumer packaged goods, technology, financial services, and hospitality.

Ms. Bennett recently served as the Global Chief Customer Officer for Intercontinental Hotels Group ("IHG") where she was a member of the Executive Committee from 2017 through 2023.   During her tenure there she was responsible for driving B2C/B2B customer experience and growth across a portfolio of multinational brands. Prior to joining IHG, Ms. Bennett was the General Manager of Global Consumer Travel and Lifestyle at American Express, where she held various senior executive roles from 2006 through 2017.  

Ms. Bennett also currently serves on the board of Samsonite International S.A. 

About AutoNation, Inc. 
AutoNation is one of the largest automotive retailers in the United States, offering innovative products, exceptional services, and comprehensive solutions, empowering our customers to make the best decisions for their needs. With a network of dealerships nationwide strengthened by a recognized brand, we offer a wide variety of new and used vehicles, customer financing, parts, and provide expert maintenance and repair services. Through DRV PNK, we have raised over $40 million for cancer-related causes, demonstrating our commitment to making a positive difference in the lives of our Associates, Customers, and the communities we serve.

Please visit www.autonation.com, investors.autonation.com, and www.twitter.com/AutoNation, where AutoNation discloses additional information about the Company, its business, and its results of operations. Please also visit www.autonationdrive.com, AutoNation's automotive blog, for information regarding the AutoNation community, the automotive industry, and current automotive news and trends.

 

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SOURCE AutoNation, Inc.

FAQ

What is the date of Claire Bennett's appointment to AutoNation's Board?

Claire Bennett was appointed to AutoNation's Board of Directors on July 8, 2024.

What experience does Claire Bennett bring to AutoNation?

Claire Bennett has extensive experience in customer experience, general management, and consumer services, with roles at Intercontinental Hotels Group and American Express.

How might Claire Bennett's appointment affect AutoNation's stock (AN)?

Bennett's appointment is expected to bring valuable insights and leadership skills, potentially driving growth and improving customer satisfaction, which could positively impact AutoNation's stock (AN).

Why did AutoNation appoint Claire Bennett to the Board of Directors?

AutoNation appointed Claire Bennett to leverage her extensive experience and insight to help navigate industry, customer, and technological changes.

What roles did Claire Bennett hold prior to joining AutoNation?

Prior to joining AutoNation, Claire Bennett served as the Global Chief Customer Officer at Intercontinental Hotels Group and held various senior executive roles at American Express.