Michael J.  Jackson net worth and biography

Michael Jackson Biography and Net Worth

CEO of AutoNation
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 $18.01 million as of May 7th, 2021. Mr. Jackson owns 109,243 shares of AutoNation stock worth more than $18,008,709 as of November 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.

How do I contact Michael J. Jackson?

The corporate mailing address for Mr. Jackson and other AutoNation executives is 200 SW 1ST AVE SUITE 1600, FORT LAUDERDALE FL, 33301. AutoNation can also be reached via phone at (954) 769-6000 and via email at [email protected]. Learn More on Michael J. Jackson's contact information.

Has Michael J. Jackson been buying or selling shares of AutoNation?

Michael J. Jackson has not been actively trading shares of AutoNation over the course of the past ninety days. Learn More on Michael J. Jackson's trading history.

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.

Michael J. Jackson Insider Trading History at AutoNation

See Full Table

Michael J. Jackson Buying and Selling Activity at AutoNation

This chart shows Michael J. Jackson's buying and selling at AutoNation by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

AutoNation Company Overview

AutoNation logo
AutoNation, Inc., through its subsidiaries, operates as an automotive retailer in the United States. The company operates through three segments: Domestic, Import, and Premium Luxury. It offers a range of automotive products and services, including new and used vehicles; and parts and services, such as automotive repair and maintenance, and wholesale parts and collision services. The company also provides automotive finance and insurance products comprising vehicle services and other protection products; and indirect financing for vehicles, as well as arranges finance for vehicle purchases through third-party finance sources. It owns and operates new vehicle franchises from stores located primarily in metropolitan markets in the Sunbelt region, as well as AutoNation-branded collision centers, AutoNation USA used vehicle stores, AutoNation-branded automotive auction operations, and parts distribution centers. The company was formerly known as Republic Industries, Inc. and changed its name to AutoNation, Inc. in 1999. AutoNation, Inc. was incorporated in 1980 and is headquartered in Fort Lauderdale, Florida.
Read More

Today's Range

Now: $170.51
Low: $166.29
High: $171.49

50 Day Range

MA: $167.10
Low: $155.47
High: $182.61

2 Week Range

Now: $170.51
Low: $130.35
High: $197.18

Volume

124,650 shs

Average Volume

428,659 shs

Market Capitalization

$6.76 billion

P/E Ratio

9.83

Dividend Yield

N/A

Beta

1.21