The latest update is out from AutoNation (AN).
AutoNation, Inc. expanded its Board of Directors to nine members and welcomed Claire Bennett as an independent director, aligning with the New York Stock Exchange’s guidelines. Bennett will earn an annual retainer of $50,000, adjusted for 2024 based on her tenure, along with expenses for meeting attendance and potential future equity awards. Her specific committee assignments are yet to be announced, with further details to follow in a company amendment report. AutoNation issued a press release on July 11, 2024, to publicize Bennett’s board appointment.
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