01/12/2021

Buno Filter

Drive your way

Cheryl Miller resigns as CFO of JM Family, will consult through 2021

3 min read

Cheryl Miller, who remaining the CEO write-up at AutoNation Inc. last summertime next a clinical go away of absence, has resigned as CFO of JM Family Enterprises after just a several months on the job. The transform was efficient Wednesday.

Miller, 48, commenced Jan. 4 in the job with JM Family, a diversified automotive-focused conglomerate in Deerfield Seaside, Fla. She beforehand labored for JM Family, starting in 2004 as an assistant treasurer, and afterwards was promoted to vice president and treasurer.

In a statement presented by JM Family on Thursday, Miller reported: “In order to expend much more time with relatives and on other future endeavors, I will be getting on a consulting job with JM Family as a result of the finish of the year. I search forward to continuing to perform with the proficient JM workforce as they go after critical initiatives and adapt to the continued evolution of the automotive business.”

JM Family CEO Brent Burns in a statement wished Miller “all the finest in her future endeavors” and reported he appreciated her availability to seek the advice of with the business.

“The automotive business has by no means been as dynamic as it is now,” Burns reported in the statement. “Our management workforce and affiliate bench is deep and JM Family’s future is very vibrant.”

A business spokeswoman, when requested whether Miller could continue on consulting further than 2021, reported you will find “constantly probable.”

Miller remaining JM for AutoNation in 2009, joining the nation’s premier dealership group as treasurer and vice president of investor relations. She was promoted to CFO in 2014 and was named CEO in July 2019, after AutoNation parted methods with CEO Carl Liebert, an business outsider who expended just 4 months as main govt.

Miller’s tenure major AutoNation also was short. In April 2020, she requested for and was granted a clinical go away of absence for undisclosed well being reasons and by no means returned. In July, she resigned as CEO and as a member of AutoNation’s board of administrators.

In December, Miller declined to remark on her well being in the course of her time with AutoNation and what affliction led to her clinical go away. But she informed Automotive Information then that she felt “terrific” and had just operate 5 miles that working day.

“JM Family is a planet-class lifestyle,” Miller reported then. “And so an prospect to occur back again into that lifestyle is like coming property.”

Burns informed Automotive Information for a “Daily Push” podcast episode this thirty day period that the business was enthusiastic to have Miller back again and that she could give terrific auto-retail insight for the group.

“We’re thrilled to have her knowledge that she acquired in that decade when she walked outside the relatives, but open arms and thrilled to have her back again,” he reported.

Miller, who also serves on Tyson Foodstuff Inc.’s board of administrators, crammed an opening in the management workforce as JM Family established a new division focused on assisting the business develop as a result of acquisitions and investments. The firm’s former CFO Ron Coombs became president of the new division.

JM Family was established by auto vendor Jim Moran in 1968 and has grown to include Southeast Toyota Distributors, finance and insurance policies products and solutions provider JM&A Group, Southeast Toyota Finance, subsidiary company DataScan and the JM Lexus dealership in Margate, Fla.

In 2019, JM Family acquired Dwelling Franchise Ideas, a property-advancement products and solutions and services franchise network that features brand names these types of as Finances Blinds.

Copyright © All rights reserved. | Newsphere by AF themes.