Hendrick Automotive Group, the nation's seventh-largest dealership group, has hired Edward Brown III, a retired Bank of America executive, as CFO -- for now. Brown will replace Jim Huzl as CEO on Jan. 1, 2011. Huzl is retiring after 25 years at Hendrick.
Rick Hendrick, chairman of the dealership group, said Brown's financial management experience and community involvement will be an asset to the growing company.
Hendrick Automotive, of Charlotte, N.C., had revenues of $3.7 billion and new retail sales of 52,305 vehicles in 2009.
