Retired Bank of America Corp. executive Ed Brown III is making a career change.
The former head of corporate and investment banking at the Charlotte bank joined Hendrick Automotive Group as chief financial officer this month and will become chief executive Jan. 1 with the retirement of Jim Huzl.
The Charlotte-based company is one of the nation's largest auto retailers, operating 59 dealerships, 87 franchises and 18 repair shops in 10 states from the Carolinas to California. Hendrick Automotive said Huzl is retiring as planned after 25 years with the company. He has been CEO since 2005.Brown is taking over a CFO post that was unfilled. He retired in 2004 after a 32-year career with the bank that became Bank of America through a wave of acquisitions.
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