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Former Sonic CEO Scott Smith to get $6M payout

MB
By:
Melissa Burden
March 08, 2019 11:27 PM
Scott Smith
Scott Smith Scott Smith previously said he planned to stay with the company as a strategic adviser and work on certain projects.

Sonic Automotive Inc. co-founder Scott Smith, who stepped down as CEO last fall, has resigned from the company and is in line to receive a $6 million payout, according to a regulatory filing late Friday.

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