FORT LAUDERDALE, FL -- AutoNation, Inc. (NYSE: AN), America's largest automotive retailer, announced today that it appointed Cheryl Scully to the position of Executive Vice President and Chief Financial Officer, effective March 3, 2014. In her new role, Ms. Scully will report to Mike Jackson, AutoNation's Chairman and Chief Executive Officer. Ms. Scully had been serving as Interim Chief Financial Officer of the Company since January 7, 2014.

"AutoNation is fortunate to have someone the caliber of Cheryl to assume the role of chief financial officer," said Jackson. "Cheryl will be a strong addition to our senior executive team and I look forward to her leading our finance function. She brings significant financial management and capital markets experience, which when combined with her strong leadership qualities and automotive industry knowledge, will serve the company well into the future."

Ms. Scully has almost 20 years of finance experience at large companies. Prior to joining AutoNation, Ms. Scully served as Vice President, Treasurer of JM Family Enterprises, Inc., a diversified automotive company. She joined AutoNation in 2009 as Vice President and Treasurer responsible for overseeing the company's capital markets, risk management and cash management functions, and in 2010 also assumed responsibility for the Company's investor relations function.

In her role as Executive Vice President and Chief Financial Officer, Ms. Scully will oversee internal and external reporting, treasury, tax planning and compliance, internal audit, investor relations, financial planning and analysis, and the company's shared service center.

About AutoNation, Inc.
AutoNation is transforming the automotive retail industry through bold leadership. We deliver a superior automotive retail experience through our customer-focused sales and service processes. Owning and operating 269 new vehicle franchises, which sell 33 new vehicle brands across 15 states, AutoNation is America's largest automotive retailer, with state-of-the-art operations and the ability to leverage economies of scale that benefit the customer. As an indication of our leadership position in our industry, AutoNation is a component of the S&P 500 Index.