AutoNation said Friday it has named its next chief financial officer, bringing over Office Depot executive Joseph Lower.
Lower, whose most recent post was Office Depot’s executive vice president and CFO, will take on that role at AutoNation starting Jan. 13 and report to chief executive officer Cheryl Miller.
His background also includes time with B/E Aerospace and The Boeing Company.
In addition to AutoNation’s finance department, financial controls and external reporting, financial planning and analysis, Lower will have responsibilities for the tax, internal audit, treasury, investor relations and corporate real estate activities of the group.
Lower will also head up AutoNation’s strategy and shared service center in Irving, Texas. He also joins AutoNation’s executive committee.
“We are excited to have Joe join the AutoNation team. Joe is a seasoned financial professional, with a versatile background across multiple industries,” Miller said in a news release.
“With his broad and extensive experience in financial management, business development and strategy, Joe will be a great addition to the executive team,” she said. “We are pleased to have him on board as we continue to drive our sustainable, leadership position in the automotive retail industry.”
Miller was the company’s CFO prior to being named CEO in July, replacing Carl Liebert, who left to pursue other interests. At that time, senior vice president and chief accounting officer Christopher Cade was named interim CFO for the search process.