Mike Jackson is widely regarded as one the most influential and effective automotive business leaders of our generation. Over the course of a career spanning nearly five decades, he has earned a reputation as a relentless innovator, with many of the initiatives he championed becoming bedrock practices across the industry today. In particular, he is known as a driving force behind retailers’ adoption of contemporary operating practices, including their embrace of online platforms, advanced technology, environmentally responsible engineering and customer-first service processes, among others.
In acknowledgement of his accomplishments, he has been widely honored by industry peers, journalists, the business community, academic institutions, philanthropic organizations and beyond. Among his most notable recognitions, he has been:
Honored as CEO of the Year by CEO magazine, 2006
Listed by Automotive News as one of the Fifty Visionary Dealers of all time, 2009
Named one of the top 50 Global Business Leaders in 2011 by Fortune magazine
Received National Retail Leadership Award by the Detroit Free Press in conjunction with the North American International Auto Show, 2011
Bestowed honorary doctorate from the Livingstone College, 2011
Inducted into the Wayne Huizenga School of Business Entrepreneur Hall of Fame, 2010
Named eleven-time member of the Automotive News “All-Star Team” of automotive executives
Granted the prestigious Horatio Alger Award, presented to Americans who overcome adversity to achieve success, 2014
Inducted in to the Saint Joseph’s University’s Haub School of Business Hall of Fame, 2015
Received the Saint Joseph’s University Beta Gamma Sigma Business Achievement Award, 2015
Appointed Chairman of the Federal Reserve Bank of Atlanta’s Board of Directors, 2018
Inducted into the Automotive Hall of Fame, 2018
Ranked by Motor Trend magazine as number seven on the 2019 Power List for being a “Game Changer” in the Automotive landscape
In addition to these accolades, he is widely sought after as a speaker and media personality for his thoughts on the auto industry in particular and the wider economy in general. He has presented his views on energy policy, U.S. economic policy and domestic policy at the William J. Clinton School of Public Policy, the Association of Metropolitan Planning Organizations, the North American International Powertrain Conference and the NADA OESA conference. He is a special contributor to the CNBC, Fox and Bloomberg business news networks.
Many of his most distinguished honors came during his tenure as Chairman and Chief Executive Officer of AutoNation, the company he guided for over 20 years. Under his direction, AutoNation strengthened its position as the largest automotive retailer in America – in fact, the largest auto retailer in the history of American car sales – with a list of milestones and metrics that are testimony to its unprecedented scale and influence.
In particular, the company is the first and only automotive retailer to have sold 13 million vehicles. It is the only automotive retailer to be named America’s Most Admired Automotive Retailer by Fortune Magazine seven times. And the first to introduce customer-focused efforts such as a green vehicle identification program, a truly transparent financing process and a full-spectrum online car shopping experience across a national dealership network.
His success at AutoNation represents the realization of Mr. Jackson’s vision for a retail environment that combines the potential of today’s advanced technology with the best practices from a broad range of retail industries. The end result has been a thorough transformation of what it means to buy, sell and service vehicles for millions of Americans in markets from coast to coast.
This vision had its roots even earlier in his career. Prior to his role at AutoNation, Mr. Jackson served as President and Chief Executive Officer of Mercedes-Benz USA, overseeing the German automaker’s U.S. sales operation and 311 franchised dealerships. In that role, he developed operational, sales and service strategies that led directly to the luxury vehicle brand’s rejuvenation in the U.S. He also has served as chairman of the Mercedes-Benz National Dealer Council. Fittingly, it was at a Mercedes-Benz dealership that Mr. Jackson began his automotive career, starting as a technician for a dealership before advancing to management positions.
Mr. Jackson attended Saint Joseph’s College in Philadelphia, earning his degree in political science in 1971. He is married to Alice Lucia-Jackson and has three children, Michael, Kristina and Lauren.
What is Michael J. Jackson's net worth?
The estimated net worth of Michael J. Jackson is at least $18.59 million as of May 7th, 2021. Mr. Jackson owns 109,243 shares of AutoNation stock worth more than $18,592,066 as of December 21st. This net worth approximation does not reflect any other assets that Mr. Jackson may own. Learn More about Michael J. Jackson's net worth.
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Has Michael J. Jackson been buying or selling shares of AutoNation?
Who are AutoNation's active insiders?
AutoNation's insider roster includes James Bender (COO), Rick Burdick (Director), Christopher Cade (CAO), Marc Cannon (EVP), David Edelson (Director), C. Edmunds (EVP), Robert Grusky (Director), Michael Jackson (CEO), Edward Lampert (Major Shareholder), Joseph Lower (CFO), Lisa Lutoff-Perlo (Director), Michael Manley (CEO), George Mikan, III (Director), and Jacqueline Travisano (Director). Learn More on AutoNation's active insiders.
Are insiders buying or selling shares of AutoNation?
During the last year, insiders at the sold shares 14 times. They sold a total of 831,424 shares worth more than $129,719,797.93. The most recent insider tranaction occured on August, 26th when Major Shareholder Edward S Lampert sold 39,194 shares worth more than $7,189,355.42. Insiders at AutoNation own 0.7% of the company.
Learn More about insider trades at AutoNation. Information on this page was last updated on 8/26/2024.
