Joe Lower to
Transition to New Business Transformation Role
FORT
LAUDERDALE, Fla., May 16, 2023
/PRNewswire/ -- AutoNation, Inc. (NYSE: AN), America's most admired
automotive retailer, announced Thomas
Szlosek as its new Executive Vice President (EVP) and Chief
Financial Officer (CFO), effective as of the commencement of his
employment with the Company, which is expected to be on or about
August 7, 2023. Mr. Szlosek will
report to CEO Mike Manley and serve as a member of the
senior leadership team, overseeing Accounting, Treasury, Tax,
Audit, Business Analysis and Planning, Investor Relations, Finance
Operations, Risk Management and Real Estate Services.
"I am excited to welcome a best-in-class Fortune 500 CFO and
business leader like Tom to the AutoNation Team. He has delivered
outstanding results across multiple industries," said CEO
Mike Manley. "A proven CFO who has
helped drive change and innovation, Tom has a great track record
not only for being instrumental in helping to drive significant
growth in the organizations he has been associated with but also
for building and developing deep talent on his teams. His efforts
have helped generate significant shareholder returns through
disciplined capital deployment to support growth and managing
operating performance to strengthen financial returns."
Mr. Szlosek has served as Executive Vice President and Chief
Financial Officer at Avantor Inc. since 2018. Avantor is involved
in providing products and services to biopharma, healthcare,
education and government, and advanced technologies and applied
materials industries. Mr. Szlosek oversees Accounting; Business
Support; Financial Planning and Analysis; Treasury; M&A;
Investor Relations; Internal Audit; and Tax Functions at Avantor.
Prior to Avantor, Mr. Szlosek served in progressive financial
leadership roles with five years as Senior Vice President and Chief
Financial Officer at Honeywell International, where he executed
$8 billion in acquisitions.
"I am excited to join an industry-leading company like
AutoNation," said Mr. Szlosek. "AutoNation's drive to be the best
is evidenced in their track record of growth and innovation which
has led to numerous record-breaking results."
Joe Lower will continue as
Executive Vice President and Chief Financial Officer of the Company
until Mr. Szlosek joins the Company. At that time, he will
transition to a newly created role, reporting to Mr. Manley,
overseeing all business transformation initiatives for the
Company.
"AutoNation continues to be at the forefront of evolving
industry and transportation dynamics. We have a clear focus on
growth, continuing to achieve scale, scope, and density in our core
businesses while we expand our product and service offerings to
deepen the relationship with our customers," said Mr. Lower. "I now
have the opportunity to take a leading role in many of our business
transformation projects."
About AutoNation, Inc.
AutoNation, a provider of personalized transportation services, is
driven by innovation and transformation. As one of America's most
admired companies, AutoNation delivers a peerless Customer
experience recognized by data-driven consumer insight leaders,
Reputation, and J.D. Power. Through its bold leadership and brand
affinity, the AutoNation Brand is synonymous with "DRVPNK" and
"What Drives You, Drives Us." AutoNation has a singular focus on
personalized transportation services that are easy, transparent,
and Customer-centric.
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.