AutoNation Inc. COO Bill Berman has resigned effective immediately, the nation’s largest dealership group said Monday.
Berman, who added the president's title less than four months ago, will remain with the company in an “advisory capacity” through June 30, the company said in a statement. AutoNation CEO Mike Jackson will take on operating responsibilities while the group searches for a replacement.
"I thank Bill for his 20 years of service and leadership at AutoNation," Jackson said in the statement. "We wish Bill all the best in his future endeavors."
An AutoNation spokesman declined to comment beyond the company's statement.