Sonic Automotive, Inc. Announces Resignation of John W. Harris III, from Board of Directors
July 31, 2023 at 04:04 pm EDT
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On July 26, 2023, John W. Harris III, notified Sonic Automotive, Inc. of his decision to resign from the Board of Directors of the Company, effective as of August 31, 2023. Mr. Harris is resigning for personal reasons and not as a result of any disagreement with the Company on any matter relating to the Company?s operations, policies or practices.
Sonic Automotive, Inc. is an automotive retailer in the United States. The Company operates through three segments. The Franchised Dealerships segment provides comprehensive sales and services, including sales of both new and used cars and light trucks; sales of replacement parts and performance of vehicle maintenance, manufacturer warranty repairs, and paint and collision repair services, collectively, Fixed Operations; and arrangement of third-party financing, extended warranties, service contracts, insurance, and other aftermarket products, collectively, finance and insurance (F&I) for its guests. The EchoPark segment sells used cars and light trucks and arranges third-party F&I product sales for its guests in pre-owned vehicle specialty retail locations. The Powersports segment offers guests sales of both new and used powersports vehicles, such as motorcycles, personal watercraft, and all-terrain vehicles; Fixed Operations activities; and F&I services.
SONIC AUTOMOTIVE, INC. 
