Cheryl Miller is a U.S. business executive. In 2019, she became the first female chief executive officer of a publicly traded auto retail company in the Fortune 500. Miller served as the CEO of AutoNation from 2019 to 2020. She was one of the 38 female CEOs of Fortune 500 companies.
Cheryl Miller | |
|---|---|
 | |
| Born | |
| Alma mater | James Madison University |
| Occupation | Business executive |
Early life and education
editCheryl Miller was born in Puerto Rico and raised in Baltimore. Her father worked for the U.S. Postal Service and her mother was a government worker.[1] Miller graduated from James Madison University with a bachelor's degree in finance and business.[2]
Career
editMiller started her automotive career with Circuit City. She worked in financing vehicles for an automotive company and later worked with the Alamo National car rental agency.[citation needed] In 1998, she moved to Florida to join a company which was the predecessor of AutoNation.[3]
Miller joined AutoNation in 2009 and in 2014, she was promoted to chief financial officer. In 2017, she managed a partnership with the self-driving company Waymo. In July 2019, Miller became the chief executive officer of AutoNation.[4] As the CEO of AutoNation she oversaw 26,000 employees and 325 auto dealerships across the United States.
Miller resigned her position as CEO for AutoNation due to undisclosed medical reasons in July 2020.[5] She was still liable for bonuses and stock for the work she had done and in addition she received a leaving settlement of $5.4m. Under the terms she was not allowed to work in competition to the company for a year.[6]
References
edit- ^ "Power Steering: Cheryl Miller, AutoNation's CEO". Florida Trend. Retrieved 2021-07-01.
- ^ "Bloomberg - Cheryl Miller experience". www.bloomberg.com. Retrieved 2021-07-01.
- ^ Pounds, Marcia Heroux (2 August 2019). "How deal-maker Cheryl Miller rose to become AutoNation's new CEO". sun-sentinel.com. Retrieved 2021-07-01.
- ^ Hurtibise, Ron (14 July 2020). "AutoNation's Cheryl Miller won't return as CEO following medical leave". sun-sentinel.com. Retrieved 2021-07-01.
- ^ "Cheryl Miller resigns as CEO". www.bizjournals.com. Retrieved 2021-07-01.
- ^ "Cheryl Miller's Golden Parachute". www.bizjournals.com. Retrieved 2021-07-22.