Lithia Motors Management

Management criteria checks 2/4

Lithia Motors' CEO is Bryan DeBoer, appointed in Jan 2006, has a tenure of 16.83 years. total yearly compensation is $10.53M, comprised of 10.5% salary and 89.5% bonuses, including company stock and options. directly owns 0.61% of the company’s shares, worth €32.96M. The average tenure of the management team and the board of directors is 5.8 years and 8.6 years respectively.

Key information

Bryan DeBoer

Chief executive officer

US$10.5m

Total compensation

CEO salary percentage	10.5%
CEO tenure	16.8yrs
CEO ownership	0.6%
Management average tenure	5.8yrs
Board average tenure	8.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Bryan DeBoer's remuneration changed compared to Lithia Motors's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2022	n/a	n/a	US$1b
Jun 30 2022	n/a	n/a	US$1b
Mar 31 2022	n/a	n/a	US$1b
Dec 31 2021	US$11m	US$1m	US$1b
Sep 30 2021	n/a	n/a	US$957m
Jun 30 2021	n/a	n/a	US$808m
Mar 31 2021	n/a	n/a	US$580m
Dec 31 2020	US$8m	US$1m	US$470m
Sep 30 2020	n/a	n/a	US$351m
Jun 30 2020	n/a	n/a	US$277m
Mar 31 2020	n/a	n/a	US$261m
Dec 31 2019	US$7m	US$1m	US$272m
Sep 30 2019	n/a	n/a	US$263m
Jun 30 2019	n/a	n/a	US$271m
Mar 31 2019	n/a	n/a	US$270m
Dec 31 2018	US$5m	US$1m	US$266m
Sep 30 2018	n/a	n/a	US$295m
Jun 30 2018	n/a	n/a	US$254m
Mar 31 2018	n/a	n/a	US$247m
Dec 31 2017	US$6m	US$1m	US$245m
Sep 30 2017	n/a	n/a	US$207m
Jun 30 2017	n/a	n/a	US$209m
Mar 31 2017	n/a	n/a	US$208m
Dec 31 2016	US$4m	US$950k	US$197m
Sep 30 2016	n/a	n/a	US$193m
Jun 30 2016	n/a	n/a	US$183m
Mar 31 2016	n/a	n/a	US$183m
Dec 31 2015	US$5m	US$882k	US$183m

Compensation vs Market: Bryan's total compensation ($USD10.53M) is above average for companies of similar size in the German market ($USD2.61M).

Compensation vs Earnings: Bryan's compensation has increased by more than 20% in the past year.

CEO

Bryan DeBoer (56 yo)

16.8yrs

Tenure

US$10,532,359

Compensation

Mr. Bryan B. DeBoer has been the Chief Executive Officer and President of Lithia Motors Inc, since May 1, 2012 and January 9, 2006 respectively. Mr. DeBoer served as the Chief Operating Officer of Lithia M...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sidney DeBoer	Founder & Chairman	54.8yrs	US$293.44k	0.50% $ 27.2m
Bryan DeBoer	CEO, President & Director	16.8yrs	US$10.53m	0.61% $ 33.0m
Tina Miller	Senior VP & CFO	3.7yrs	US$1.68m	0.038% $ 2.1m
Christopher Holzshu	Executive VP	10.6yrs	US$4.14m	0.076% $ 4.1m
George Hines	Senior VP and Chief Technology & Innovation Officer	4.3yrs	US$1.39m	0.019% $ 1.1m
Scott Hillier	Senior Vice President of Operations	14.8yrs	US$2.08m	0.14% $ 7.5m
David Stork	Senior VP & Chief Administrative Officer	no data	no data	0.0078% $ 426.2k
Marguerite Celeste	Senior VP & Chief Marketing Officer	1.3yrs	no data	0.0016% $ 87.1k
Gary Glandon	Senior VP & Chief People Officer	less than a year	no data	0.0038% $ 204.7k
Bryan Osterhout	Senior Vice President of Operations	19.8yrs	no data	no data
Chun-Wai Liang	Senior Vice President of DCH Operations	7.3yrs	US$955.74k	no data
Thomas Nason	Senior Vice President of Operations	1.1yrs	no data	no data

5.8yrs

Average Tenure

59yo

Average Age

Experienced Management: LMO's management team is seasoned and experienced (5.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Sidney DeBoer	Founder & Chairman	54.8yrs	US$293.44k	0.50% $ 27.2m
Bryan DeBoer	CEO, President & Director	14.5yrs	US$10.53m	0.61% $ 33.0m
David Robino	Independent Director	6.7yrs	US$279.83k	0.028% $ 1.5m
Kenneth Roberts	Independent Director	10.6yrs	US$269.69k	0.35% $ 19.0m
James Lentz	Director	less than a year	no data	no data
Susan Cain	Independent Director	13.4yrs	US$283.89k	0.047% $ 2.5m
Louis Miramontes	Lead Independent Director	4.6yrs	US$304.83k	0.014% $ 743.0k
Shauna McIntyre	Independent Director	3.6yrs	US$261.49k	0.0067% $ 366.3k

8.6yrs

Average Tenure

67yo

Average Age

Experienced Board: LMO's board of directors are considered experienced (8.6 years average tenure).

Lithia Motors Management

Management criteria checks 2/4

Key information

Recent management updates

Lithia Motors, Inc., Annual General Meeting, Apr 23, 2024

Lithia & Driveway Promotes Adam Chamberlain as Chief Customer Officer

Lithia Motors, Inc. Announces Retirement of Scott Hillier Regional President of Lad, Effective July 1, 2024

Lithia & Driveway Appoints Adam Chamberlain as Regional President of Operations

Lithia Motors, Inc. Appoints Gary Glandon as New Senior Vice President and Chief People Officer

Founder & Chairman recently bought €267k worth of stock

Recent updates

Lithia Motors, Inc. to Report Q1, 2024 Results on Apr 24, 2024

Lithia Motors, Inc., Annual General Meeting, Apr 23, 2024

Lithia Motors, Inc. Approves Dividend for Fourth Quarter 2023, Payable on March 22, 2024

Lithia Motors, Inc. completed the acquisition of UK Motor Business and Leasing Business from Pendragon PLC.

Lithia Motors, Inc. (NYSE:LAD) agreed to acquire Carousel Motor Group, LLC from Pohlad Companies, Inc.

Lithia & Driveway Promotes Adam Chamberlain as Chief Customer Officer

Lithia Motors, Inc. to Report Q4, 2023 Results on Feb 14, 2024

Lithia Motors, Inc. Announces Retirement of Scott Hillier Regional President of Lad, Effective July 1, 2024

Lithia Motors, Inc. Approves Dividend for Third Quarter 2023, Payable on November 17, 2023

Lithia Motors, Inc. to Report Q3, 2023 Results on Oct 25, 2023

Lithia Motors, Inc. agreed to acquire UK Motor Business and Leasing Business from Pendragon PLC for approximately £250 million.

Lithia Motors, Inc. Provide Earnings Guidance for the Full Year of 2023

Lithia Motors, Inc. Provide Earnings Guidance for the Full Year of 2023

Lithia Motors, Inc. to Report Q2, 2023 Results on Jul 26, 2023

Lithia Motors, Inc. (NYSE:LAD) acquired Wade Ford, Inc.

Lithia Motors, Inc. (NYSE:LAD) acquired 13 locations of Priority Auto Group, Inc. in Virginia from Priority Auto Group, Inc.

Lithia & Driveway Approves Dividend for the Fourth Quarter 2022, Payable on March 24, 2023

Les Stanford Automotive Group acquired Suburban Buick-GMC of Ferndale from Lithia Motors, Inc. (NYSE:LAD).

Lithia Motors, Inc. to Report Q4, 2022 Results on Feb 15, 2023

Lithia Motors, Inc. (NYSE:LAD) acquired Ferrari of Denver.

Lithia Motors, Inc. (NYSE:LAD) acquired Meador Chrysler, Dodge, Jeep, Ram in Dallas.

Lithia & Driveway Appoints Adam Chamberlain as Regional President of Operations

Lithia Motors, Inc. (NYSE:LAD) acquired AANWHoldings, LLC.

Lithia Motors, Inc. (NYSE:LAD) and Airstream Adventures Northwest LLC acquired 6 Locations in the Pacific Northwest.

Lithia Motors, Inc. Appoints Gary Glandon as New Senior Vice President and Chief People Officer

Lithia Motors, Inc. to Report Q3, 2022 Results on Oct 19, 2022

An unknown buyer acquired a Stellantis Dealership from Lithia Motors, Inc. (NYSE:LAD).

Lithia Motors, Inc. (NYSE:LAD) acquired five stores in Wisconsin from the Wilde Automotive Group.

Founder & Chairman recently bought €267k worth of stock

Upcoming dividend of US$0.42 per share

Second quarter 2022 earnings released

Rydell Company Inc. acquired Lithia ND Acquisition Corp. #4 from Lithia Motors, Inc. (NYSE:LAD).

Lithia Motors, Inc. to Report Q2, 2022 Results on Jul 20, 2022

Lithia Motors, Inc. (NYSE:LAD) acquired Nine Lehman Auto World Stores and Two Esserman International Stores in Miami-Dade County from Lehman Autoworld and others.

Founder & Chairman recently sold €289k worth of stock

Founder & Chairman recently sold €1.4m worth of stock

Upcoming dividend of US$0.42 per share

First quarter 2022 earnings released: EPS: US$11.60 (vs US$5.85 in 1Q 2021)

Insufficient new directors

Lithia Motors, Inc. Approves A Dividend for the First Quarter 2022, Payable on May 27, 2022

Lithia Motors, Inc. (NYSE:LAD) acquired Three Stellantis Dealerships in Las Vegas.

Lithia Motors, Inc. to Report Q1, 2022 Results on Apr 20, 2022

Lead Independent Director recently sold €73k worth of stock

Insider recently sold €565k worth of stock

Upcoming dividend of US$0.35 per share

Executive VP recently sold €4.2m worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Lithia Motors, Inc. Approves Dividend for Fourth Quarter 2021 Financial Results, Payable on March 25, 2022

Lithia Motors, Inc. (NYSE:LAD) acquired Three Car Dealerships in Northern California from from John Sullivan of Sullivan Auto Group.

Lithia Motors, Inc. (NYSE:LAD) acquired Three Car Dealerships in Northern California from from John Sullivan of Sullivan Auto Group.

Independent Director recently sold €67k worth of stock

Lithia Motors, Inc. (NYSE:LAD) acquired Three Ford Stores from Elder Automotive Group.

Insufficient new directors

Founder & Chairman recently sold €3.7m worth of stock

Upcoming dividend of US$0.35 per share

Third quarter 2021 earnings released: EPS US$10.10 (vs US$6.93 in 3Q 2020)

Lithia Motors, Inc. (NYSE:LAD) acquired Leasing Business from Pfaff Automotive Partners Inc.

Lithia Motors, Inc. (NYSE:LAD) acquired Piercey Fontana, LLC.

Lithia Motors, Inc. (NYSE:LAD) acquired four incredible Las Vegas, Nevada dealerships.

Upcoming dividend of US$0.35 per share

Senior VP & Chief Marketing Officer Thomas Dobry has left the company

Second quarter 2021 earnings released: EPS US$11.46 (vs US$3.41 in 2Q 2020)

Lithia Motors, Inc. (NYSE:LAD) acquired Michael's Toyota of Bellevue.

Lithia Motors, Inc.(NYSE:LAD) dropped from Russell 2000 Dynamic Index

Ghreiwati Auto Group acquired Valencia-A, Inc. from Lithia Motors, Inc. (NYSE:LAD).

Lithia Motors, Inc. (NYSE:LAD) acquired Southwest Kia Auto Group.

Lithia Motors, Inc. (NYSE:LAD) acquired Stores in Florida and Arizona.

Lithia Motors, Inc. (NYSE:LAD) acquired BMW and Acura of Sherman Oaks.

Lithia Motors, Inc. (NYSE:LAD) acquired Three Hyundai Dealerships Las Vegas, Nevada US.