AutoCanada Announces Director Retirements

Share

Michael Ross and Gordon Barefoot are retiring from AutoCanada.

Barefoot’s retirement from AutoCanada’s Board of Directors will be effective on August 9. Ross will be retiring immediately from the Board of Directors.

Barefoot was chair of the Board and served as an AutoCanada director for the last 12 years. He was recently appointed to an executive role at a North American utility company and is no longer able to dedicate his time to AutoCanada. Paul Antony has been appointed as board chair and will begin transitioning into that role immediately. Antony is the president and CEO of MAP Investco and the founder, former CEO and chair of CARPROOF.  He will also serve as the chair of the recently formed special committee tasked with completing a strategic review.

Ross is retiring from the Board of Directors and his role as chair of the governance and compensation committee after 11 years.

“Gordon and Michael have been instrumental in providing guidance and oversight focused on the growth and development of AutoCanada from the early days until now as Canada’s premier publicly traded auto retailing group.  Their significant contributions to this organization cannot be overstated and they will be missed,” said Paul Antony, Board chair.

AutoCanada does not intend to appoint new directors to fill the vacancies created from the retirement of Barefoot or Ross.