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AutoNation CEO to Preside Over Atlanta Federal Reserve

January 11, 2018 0 Comments

The president and CEO of the largest dealer group in the United States has accepted a major role with the Federal Reserve.

According to Sun Sentinel, AutoNation CEO Mike Jackson is the new chairman of the Federal Reserve Bank of Atlanta. Jackson was appointed to the role on January 10th. The appointment is Jackson’s second with the Federal Reserve, as he led the board of the Federal Reserve Bank of Atlanta’s Miami branch back in 2013.

The report on Jackson’s latest opportunity also noted that the revenue of the AutoNation dealership group grew from $20.9 billion in 2015 to $21.6 billion in 2016 and has a national staff of at least 27,000 employees. Among the latest news from AutoNation is the group’s partnership with Waymo, an Alphabet, Inc., self-driving technology company.

What skill sets and experiences do you think retail automotive CEOs, owners, partners, and management gain in their roles that they could apply to other industries down the road?

About the Author:

Dave Martinson is a broadcast journalist for DrivingSalesNews. He has a background as a TV News Reporter, Anchor and Producer. He has also worked in Digital Marketing and Human Resources. He received his bachelor’s degree in Communication from Brigham Young University – Idaho. He’s married and originally from the state of Washington. He’s a huge football fan and enjoys the outdoors.