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Founders, Executives and Management Thinkers

Michael Jackson (executive)

Founder and Executive

Michael Jackson is an automobile industry executive who became chief executive of AutoNation, Inc. in 1999 after the company founder and co-chief executives stepped down. He came to AutoNation with many years of automobile dealership experience and had to resign as president of Mercedes-Benz of North America to take the job. Only four months after taking over he faced the question of what to do with the company 29 unprofitable used-car superstores. On December 19, 1999 he announced the closure of 23 of them and the integration of the remaining six into new-car franchise outlets, saying the focus would be improving operating margins and a branded customer experience in new-vehicle franchises, which became AutoNation sole business focus.

Connections

Associated With

Source AutoNation, Inc. History (FundingUniverse)
Source AutoNation, Inc. History (FundingUniverse)

Companies Led

Source AutoNation, Inc. History (FundingUniverse)
Sources
AutoNation, Inc. History (FundingUniverse)
  • Companies Led: AutoNation, Low Profits at Used-Car Mega Stores Trigger Big Changes in 1999
    The new executive was Michael Jackson, who came to AutoNation with many years of automobile dealership experience.
  • Associated With: Automotive Industry, Low Profits at Used-Car Mega Stores
    who came to AutoNation with many years of automobile dealership experience
  • Associated With: Management, Low Profits at Used-Car Mega Stores
    Our focus now is on improving our operating margins
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