By Dave Sebastian

AutoNation Inc. said Chief Executive Mike Jackson will retire after about 22 years with the company on Nov. 1, the latest leadership change at the U.S.'s largest dealership chain.

Michael Manley, currently the head of Americas for Stellantis NV, will succeed Mr. Jackson, the company said Tuesday. He recently served as the chief executive of Fiat Chrysler Automobiles NV from July 2018 to January 2021. Stellantis was formed in January with the merger between Fiat Chrysler Automobiles and PSA Group.

Mr. Jackson filled the CEO role after the company last year said former AutoNation CEO Cheryl Miller wouldn't return to the company after a three-month medical leave. He had led AutoNation as CEO for nearly two decades before stepping down at the start of 2019.

Write to Dave Sebastian at dave.sebastian@wsj.com

(END) Dow Jones Newswires

September 21, 2021 08:40 ET (12:40 GMT)

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