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Jeff Parent is the Chief Operating Officer of AutoNation, Inc., having taken charge on October 16, 2023. Before joining AutoNation, he gained valuable experience at Gulf States Toyota, where he was in charge since 2017. His earlier roles include senior...

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Jeff Parent

CEO of AutoNation

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

January 1, 1965 - 60 years ago

CEO of AutoNation for

1 year 5 months (Oct 2023 - Present)

Previous Experience

President and General Manager of Gulf States Toyota, Inc.

Holdings

See how much did Jeff Parent make over time.

Jeff Parent's holdings reflect a significant commitment to AutoNation. He has consistently engaged in stock trading, reaching peaks of over $3 million in various months, showcasing confidence in the company's future. His trading activities have included transactions valued as high...

Insider Trading

See recent insider trades of Jeff Parent.

No insider trades found for this CEO.

Compensation History

See how much did Jeff Parent make over time.

In 2023, Jeff Parent received a total compensation of $1,410,738 to reflect his role as COO at AutoNation. His compensation was primarily made up of a salary of $1,300,000, with no bonuses awarded since performance metrics were not met. This underscores a performance-driven compensation approach at AutoNation. Additionally, he received $112,738 in other forms of compensation, which included a vehicle allowance and reimbursement for personal tax planning services. This combination of salary and performance-based incentives shows an alignment with shareholder interests when it comes to executive pay. Parent's compensation structure reflects a broader trend in today's corporate landscape, where companies aim to tie executive rewards closely to the results they deliver for their shareholders.

Year

2023

Total Compensation

$1.41M

Salary

$1.30M

Board Justification

The compensation philosophy is to align executive compensation with performance metrics and long-term shareholder value.

Bonus

$0.00

Board Justification

No bonus was awarded for 2023 as the performance metrics were not met.

Other

$112.74K

Board Justification

Other compensation includes vehicle allowance, personal use of corporate aircraft, relocation reimbursement, financial and tax planning services, and insurance premiums.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock was vested in 2023 as all stock awards are performance-based and have not yet vested.

Performance Metrics

The performance metrics for the annual incentive plan were based on adjusted operating income per basic share.

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