Lithia Motors Management

Management criteria checks 2/4

Lithia Motors' CEO is Bryan DeBoer, appointed in Jan 2006, has a tenure of 18.25 years. total yearly compensation is $19.29M, comprised of 6.7% salary and 93.3% bonuses, including company stock and options. directly owns 0.63% of the company’s shares, worth €42.05M. The average tenure of the management team and the board of directors is 5.8 years and 6 years respectively.

Key information

Bryan DeBoer

Chief executive officer

US$19.3m

Total compensation

CEO salary percentage	6.7%
CEO tenure	18.3yrs
CEO ownership	0.6%
Management average tenure	5.8yrs
Board average tenure	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
Mar 31 2024	n/a	n/a	US$935m
Dec 31 2023	US$19m	US$1m	US$1b
Sep 30 2023	n/a	n/a	US$1b
Jun 30 2023	n/a	n/a	US$1b
Mar 31 2023	n/a	n/a	US$1b
Dec 31 2022	US$11m	US$1m	US$1b
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

Compensation vs Market: Bryan's total compensation ($USD19.29M) is above average for companies of similar size in the German market ($USD3.42M).

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

CEO

Bryan DeBoer (57 yo)

18.3yrs

Tenure

US$19,285,990

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	56.3yrs	US$330.30k	0.43% $ 28.8m
Bryan DeBoer	CEO, President & Director	18.3yrs	US$19.29m	0.63% $ 42.1m
Tina Miller	Senior VP & CFO	5.1yrs	US$4.25m	0.019% $ 1.3m
Christopher Holzshu	Executive VP	12yrs	US$9.53m	0.087% $ 5.9m
George Hines	Senior VP and Chief Technology & Innovation Officer	5.8yrs	US$2.56m	0.0046% $ 311.6k
Scott Hillier	Senior Vice President of Operations	16.3yrs	US$2.53m	0.17% $ 11.1m
David Stork	Senior VP & Chief Administrative Officer	3.3yrs	no data	0.013% $ 848.9k
Gary Glandon	Senior VP & Chief People Officer	1.5yrs	no data	0.0034% $ 229.0k
Bryan Osterhout	Regional President	21.3yrs	no data	no data
Chun-Wai Liang	Senior Vice President of DCH Operations	8.7yrs	US$955.74k	no data
Thomas Nason	Regional President	2.5yrs	no data	no data
Charles Lietz	Senior Vice President of Finance	1.3yrs	no data	no data

5.8yrs

Average Tenure

60yo

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	56.3yrs	US$330.30k	0.43% $ 28.8m
Bryan DeBoer	CEO, President & Director	15.9yrs	US$19.29m	0.63% $ 42.1m
David Robino	Lead Independent Director	8.1yrs	US$330.30k	0.035% $ 2.3m
James Lentz	Independent Director	1.5yrs	US$271.97k	0.0068% $ 458.7k
Stacy Loretz-Congdon	Independent Director	less than a year	US$238.64k	0.0054% $ 363.3k
Louis Miramontes	Independent Director	6yrs	US$296.97k	0.021% $ 1.4m
Shauna McIntyre	Independent Director	5yrs	US$271.97k	0.0086% $ 579.6k

6.0yrs

Average Tenure

63yo

Average Age

Experienced Board: LMO's board of directors are considered experienced (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

Founder & Chairman recently sold €1.4m worth of stock

CEO, President & Director recently sold €7.3m worth of stock

Insider recently sold €297k worth of stock

Recent updates

First quarter dividend of US$0.53 announced

First quarter 2024 earnings released: EPS: US$5.89 (vs US$8.32 in 1Q 2023)

Lithia Motors, Inc. Approves Dividend for the First Quarter of 2024, Payable on May 24, 2024

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

Now 21% undervalued after recent price drop

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

Now 20% undervalued

Upcoming dividend of US$0.50 per share

Now 23% undervalued

Fourth quarter dividend of US$0.50 announced

Full year 2023 earnings released: EPS: US$36.26 (vs US$44.36 in FY 2022)

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

Investor sentiment improves as stock rises 18%

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

Upcoming dividend of US$0.50 per share at 0.8% yield

Third quarter 2023 earnings released: EPS: US$9.46 (vs US$11.99 in 3Q 2022)

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.

Founder & Chairman recently sold €1.4m worth of stock

Upcoming dividend of US$0.50 per share at 0.7% yield

New minor risk - Insider selling

CEO, President & Director recently sold €7.3m worth of stock

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

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

Second quarter 2023 earnings released: EPS: US$10.77 (vs US$11.67 in 2Q 2022)

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.

Insider recently sold €297k worth of stock

Upcoming dividend of US$0.50 per share at 0.9% yield

First quarter 2023 earnings released: EPS: US$8.32 (vs US$11.60 in 1Q 2022)

Investor sentiment deteriorates as stock falls 17%

Upcoming dividend of US$0.42 per share at 0.7% yield

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

Full year 2022 earnings released: EPS: US$44.21 (vs US$36.79 in FY 2021)

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

Investor sentiment improves as stock rises 19%

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

Insufficient new directors

Upcoming dividend of US$0.42 per share

Third quarter 2022 earnings released: EPS: US$11.94 (vs US$10.16 in 3Q 2021)

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.

Investor sentiment deteriorated over the past week

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

First quarter 2022 earnings released

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