Former Larry H. Miller Group CEO Acquires California Dealership
Greg Miller, who stepped down as CEO of the Larry H. Miller Group in March 2015, has acquired Bob Baker Toyota in San Diego, Calif. The dealership will be renamed Greg Miller Toyota and will be operated under his new enterprise, Greg Miller Automotive San Diego.
SAN DIEGO — Greg Miller, former CEO of the Larry H. Miller (LHM) Group of Companies, is back. The 30-year industry veteran announced this week the acquisition of Bob Baker Toyota, which will be operated under his new enterprise, Greg Miller Automotive San Diego.
This new group will operate independently of the LHM Group, which owns numerous car dealerships and other ventures, including the Utah Jazz. Although his new dealership will be located in California, Miller will continue to be actively involved in the LHM Group as a member of the company's board of directors and as the Utah Jazz representative on the NBA Board of Governors. He will also maintain his Salt Lake City residence, where he will continue to serve on the board of the Utah Office of Tourism, according to a press release.
“Greg’s new venture allows him to embrace his entrepreneurial side while remaining deeply committed to his LHM Group board position and the Utah community. He has our family’s full support as he pursues this opportunity,” said Gail Miller, owner of LHM Group.
Miller began his career by working as a lot attendant at his parents’ first store, Toyota of Murray. Over the years, he has held a variety of management roles within dealerships and the LHM Group. In 2009, he stepped into the role of CEO after his father, Larry, died from complication related to diabetes.
In March 2015, Miller announced he was stepping down as CEO of the LHM Group of Companies to pursue personal interests. His decision came just as the company announced a new corporate structure that would include an outside board of directors.
“I’m excited to begin this new venture in San Diego with Toyota, a brand I have decades of experience and familiarity with,” said Greg Miller. “Seller Bob Baker is a pillar of the San Diego community and I’m pleased to continue to carry on Bob and my family’s traditions of doing business the right way and giving back in the community.”
Originally posted on F&I and Showroom
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