William Berman COO of AutoNation Resigns

AutoInformed.com

Wendy Byrd Kang takes delivery of a Honda Fit –AutoNation’s eighth millionth sale. The U.S. Army Specialist had returned from deployment in Afghanistan.

AutoNationNYSE: AN – America’s largest automotive retailer has announced the resignation of William Berman as President and Chief Operating Officer for unknown reasons.

Berman, it’s claimed, will continue to serve as an employee in an advisory capacity through 30 June 2017.

Mike Jackson, AutoNation’s Chairman and Chief Executive Officer, assumes all operating responsibilities as AutoNation hunts for a new President and CEO.

The lack of a succession plan is not good news for stock holders. At the end of March 2017, AutoNation owned and operated 372 new vehicle franchises. AutoNation has now sold more than 10 million vehicles, possibly the first automotive retailer to reach this milestone.

About Ken Zino

Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
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