AutoNation names new CEO, posts strong quarterly profit

DETROIT (Reuters) - AutoNation Inc (AN.N), the largest U.S. auto dealership chain, on Monday named a new chief executive four months after picking someone else for the position, while posting a stronger-than-expected quarterly profit.

Cheryl Miller, who was AutoNation’s chief financial officer, immediately replaces Carl Liebert, who will remain for 30 days to assist with the transition.

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