The chief executive officer of the Larry H. Miller Group of Companies announced this week he is stepping down to pursue personal interests.

Greg Miller has led the company for seven years.

Greg Miller said, “This is the right move for me personally, for my family and for the business. It has been a privilege to fill the role of CEO and to be a steward of this outstanding organization that my parents sacrificed so much to create and develop. The Larry H. Miller Group of Companies is now entering a new phase and requires a new structure. I have been fortunate to have worked with some of the best and brightest people anywhere.”

Clark Whitworth, president of Larry H. Miller Management Corp., will assume Greg Miller’s duties.

Also announced Monday, Gail Miller, owner of the dealer group, will be transitioning the group to a new corporate structure

The new format will include an outside board of directors, and is designed to provide for multi-generational family ownership and future growth, the company said.

Gail Miller said, “Today is a significant day in the history of this company. The changes announced in the organizational structure of the group are a natural evolution of a large and growing enterprise. Larry’s dream was for our businesses to survive the two of us well into the future. This change will provide the structure for that to happen. Greg was successful in taking over for Larry while facing one of the toughest economic times in our country’s history.

“He has done an outstanding job leading this organization and his many accomplishments will have a profound, lasting effect on our family businesses and our communities for generations to come. I am extremely proud of the work he has done and very appreciative of his excellent leadership these past seven years,” she continued.