AutoNation names Lower as new executive VP and CFO

AutoNation has announced the appointment of Joseph Lower as the automotive retailer's new executive vice president and chief financial officer, effective January 13, 2020.

Bringing three decades of finance and business development experience, Lower will join AutoNation's executive committee and report to chief executive officer and president Cheryl Miller.

"We are excited to have Joe join the AutoNation team," Miller said in a press release. "Joe is a seasoned financial professional with a versatile background across multiple industries. With his broad and extensive experience in financial management, business development and strategy, Joe will be a great addition to the executive team. We are pleased to have him on board as we continue to drive our sustainable, leadership position in the automotive retail industry."

Lower will be responsible for overseeing the finance department, which includes being accountable for all financial controls, external reporting, planning and analysis, and accounting.