Corporate Governance | Lithia & Driveway (2024)

LEADERSHIP

Board of
Directors

Corporate Governance | Lithia & Driveway (1)

Sidney B. DeBoer

Founder & Chairman of the Board of Directors

Read More

Corporate Governance | Lithia & Driveway (2)

Sidney B. DeBoer took Lithia Motors public in 1996 and is the Chairman of the Board. Mr. DeBoer served as Chief Executive Officer and Secretary from 1968 through 2011, and then Executive Chairman through the end of 2015. His charitable work on the Southern Oregon University Foundation Board, Oregon Community Foundation and the Oregon Shakespeare Festival has created a vibrant community for our Company’s headquarters. Mr. DeBoer attended Stanford University and the University of Oregon.

Mr.DeBoer’s founder’s spirit and pioneering work in the public auto retail sector and as an automotive dealer has earned him numerous awards and recognition. His familiarity with our business, executive leadership knowledge and industry experience make him uniquely qualified to serve as our Chair.

Corporate Governance | Lithia & Driveway (3)

Bryan B. DeBoer

President, Chief Executive Officer

Read More

Corporate Governance | Lithia & Driveway (4)

Prior to becoming CEO, Bryan B. DeBoer was Senior Vice President of Mergers & Acquisitions/Operations and then Chief Operating Officer driving the growth of Lithia and transforming the Company culture to an entrepreneurial and high-performance model. Upon joining Lithia in 1989, Mr. DeBoer grew through the store positions of Finance Manager, Used Vehicle Manager, General Sales Manager, General Manager and multi-store General Manager. Mr. DeBoer has a B.S. degree, summa cum laude, from Southern Oregon University in Business Administration. He also graduated from the National Automobile Dealers Association Dealer Academy.

Mr. DeBoer has been our Chief Executive Officer (CEO) and President since 2012 and first became a director in 2008. Mr. DeBoer’s store experience, passion for mergers and acquisitions and demonstrated ability to develop strong manufacturer relationships drive our growth. His enthusiasm for the car business combined with a visionary spirit set the tone for our innovative and entrepreneurial culture.

Corporate Governance | Lithia & Driveway (5)

James E. Lentz

DIRECTOR

Read More

Corporate Governance | Lithia & Driveway (6)

Jim Lentz spent the majority of his more than 40 years in the auto industry at Toyota, where he served as its chief executive officer from 2013 until his retirement in 2020. During his 38 years with Toyota, Lentz oversaw all business for Toyota’s North American region, including manufacturing, research and development, sales, marketing, product support, and corporate resources. Lentz led and contributed to several key milestones in Toyota’s history, including the Scion brand launch and the recognition of Toyota and Lexus brands as leaders in customer experience. He has been named “Marketer of the Year” by Advertising Age, an “All-Star” by Automotive News, and “Industry Leader of the Year” by the Automotive Hall of Fame. Lentz also serves as an advisor on several boards. Lentz earned both his undergraduate degree and M.B.A. in Finance from the University of Denver.

Lentz joined our Board in 2021. With his tenured career in the automotive industry, and extensive experience in corporate resources, Lentz is lending his expertise while serving on our compensation and audit committees.

Corporate Governance | Lithia & Driveway (7)

Stacy Loretz-Congdon

Director

Read More

Corporate Governance | Lithia & Driveway (8)

Stacy Loretz-Congdon retired in 2016 after 26 years of service at Core-Mark Holding Company, Inc. ("Core-Mark"), one of the largest marketers of supply solutions to the convenience retail industry. She served as Senior Vice President, Chief Financial Officer and Assistant Secretary from December 2006 to May 2016 and Executive Advisor from May 2016 through December2016. Her experience at Core-Mark included oversight of all finance functions, including all corporate finance disciplines, strategy execution, risk mitigation, investor relations, and involvement with benefits, executive compensation, and technology initiatives.

Ms. Lorentz-Congdon joined our Board of Directors in 2024. She serves on our Audit and Nominating and Governance committees where she brings extensive financial and strategy experience. She is also an audit committee financial expert as defined under SEC rules."

Corporate Governance | Lithia & Driveway (9)

Shauna F. McIntyre

Director

Read More

Corporate Governance | Lithia & Driveway (10)

Shauna F. McIntyre is currently the interim President and CEO of Electric Last Mile Solutions, an electric commercial vehicle provider and has previously served as the CEO of Sense Photonics, a 3D and Lidar company. Ms. McIntyre also served in various roles at Google, including Program Lead of Google’s automotive services program, from October 2016 to April 2020. Previously, she held integral roles at Egon Zehnder International, Achates Power, Inc., Honeywell International, Inc., McKinsey & Company, and Ford Motor Company. Ms. McIntyre serves on the Board of Directors of Electric Last Mile Solutions, and was also a co-founding board member for the North American Council for Freight Efficiency (NACFE). Ms. McIntyre holds a B.S. from the University of California, Los Angeles, a M.S. from the University of California, Berkeley, and an M.B.A. from Harvard.

Ms. McIntyre joined our Board of Directors in April 2019. Ms. McIntyre brings a wealth of knowledge and expertise to our Board in a wide variety of subjects within the automotive industry, including manufacturing, innovation, E-commerce, finance and operations. Ms. McIntyre was selected to serve on our Board of Directors because of her valuable strategic, industry and leadership experience.

Corporate Governance | Lithia & Driveway (11)

Louis P. Miramontes

Director

Read More

Corporate Governance | Lithia & Driveway (12)

Louis P. Miramontes is an experienced board member and accomplished business executive. He is a strong leader and provides frequent counsel and input to CEOs on operating and strategic matters. Mr. Miramontes is a member of the Board of Directors of Rite Aid Corporation and Oportun Financial Corporation. He had a distinguished 38-year career at KPMG, where he served in many leadership roles, including managing partner of the San Francisco office and Senior Partner for KPMG's Latin America region. As an audit partner, he provided audit services to public and private clients in the retail, financial services and real estate sectors. Louis received his B.S. degree in Business Administration from California State University, East Bay.

Mr. Miramontes joined our Board in 2018. Mr. Miramontes chairs our Compensation Committee and has extensive experience in accounting, financial reporting and corporate governance. He is also an audit committee financial expert as defined under SEC rules.

Corporate Governance | Lithia & Driveway (13)

Cassandra McKinney

Director

Read More

Corporate Governance | Lithia & Driveway (14)

Ms. McKinney has spent the past 30 years as a senior executive with prominent banking institutions. She is currently EVP, Retail Bank for Comerica Bank, and a member of Comerica’s Management Executive Committee where she is responsible for the company’s Consumer and Small Business banking segments. She manages a multi-billion deposit and loan portfolio, and is accountable for over 2,500 Comerica colleagues, over 400 banking centers, and over 600 ATMs and ITMs. She joined Comerica in 2005 as SVP, Retail Director of Product and Sales Management. She became SVP, Director of Retail Operations in 2011 and was named SVP, National Director of Retail Delivery and Strategic Services in 2016. Ms. McKinney holds Bachelor’s Degrees in Chemical Engineering from Columbia University and Chemistry from Dillard University.

Ms. McKinney joined Board of Directors in 2024. She serves on our Audit and Compensation committees where she brings executive management, human capital, and financial experience.

Corporate Governance | Lithia & Driveway (15)

David J. Robino

Director

Read More

Corporate Governance | Lithia & Driveway (16)

David J. Robino began his management career at The Maytag Corporation and Pepsi-Cola. He joined AC Nielsen in 1989, culminating as Senior Vice President of Nielsen International, based in Brussels, Belgium. After a successful Vice Presidency at AT&T's Business Markets Division, Mr. Robino left to lead Gateway, Inc. as Executive Vice President and Chief Administrative Officer and later Vice Chairman. Upon retiring from Gateway, Mr. Robino served as a member of the board of directors of Memec, Inc., then the world's leading distributor of specialty semiconductors, and Insight Enterprises, Inc., a global provider of information technology capabilities to enterprises. He has served as an adjunct instructor at Southern Oregon University since 2012. Mr. Robino has a M.S. in Industrial Relations from Iowa State University and B.A. in Social Studies from Graceland College.

Mr. Robino joined our Board in 2016. Mr. Robino’s human capital, business, executive management and board experience over the course of his career at many large firms, provides us with expertise across a broad range of subjects. Mr. Robino is our Lead Independent Director and chairs our Nominating and Governance Committee.

Corporate Governance | Lithia & Driveway (2024)

FAQs

How much does Bryan Deboer make? ›

DeBoer in 2022 received a $1.3 million salary, $7.8 million in stock, $2 million in incentive pay and $6,932 in other compensation.

Are Lithia and Driveway the same company? ›

Driveway and GreenCars are both part of Lithia Motors, Inc. We're basically a happy family of 3 cruising down the highway in a road-trip-ready wagon—Lithia is behind the wheel while Driveway and GreenCars play peacefully in the passenger seats. In more technical terms, Driveway is part of the Lithia network.

What is Lithia's mission statement? ›

Our Vision: Leading the modernization of personal transportation solutions wherever, whenever, and however consumers desire. Our Mission: Growth powered by people.

Who is the CEO of Lithia? ›

President/CEO, Lithia Motors Inc.

How old is Bryan DeBoer? ›

NameAgeCurrent Position(s) with Company
Bryan B. DeBoer34Senior Vice President, Mergers and Acquisitions/ Operations
Don Jones, Jr.38Senior Vice President, Retail Operations
Jeffrey B. DeBoer36Senior Vice President and Chief Financial Officer
W. Douglas Moreland52Senior Vice President, Regional Operations-Colorado
3 more rows

How much is Lithia Motors owner worth? ›

Bryan B Deboer's Net Worth

Bryan B Deboer has an estimated net worth of $272 Million. This is based on reported shares in LITHIA MOTORS INC.

What are the core values of Stony Brook Hospital? ›

Stony Brook Star Recognition and Reward Program expresses appreciation to Stony Brook University Hospital employees who model our core values of iCARE (Integrity, Compassion, Accountability, Respect and Excellence) and who strive to exceed the expectations of our patients, families, co-workers and others.

Where is Lithia headquartered? ›

Is Lithia a fortune 500 company? ›

As of 2022 Lithia is ranked #158 on the Fortune 500.

What is the Lithia Motors controversy? ›

General Motors Company, Jim Koons Management and Lithia Motors Inc. have agreed to settle separate Federal Trade Commission administrative complaint allegations that each touted how rigorously they inspect their cars, yet failed to disclose that some of the used cars they were selling were subject to unrepaired safety ...

What is Bryan Hanson salary? ›

Bryan Hanson made $16,629,104 in total compensation as Chairman of the Board, President and Chief Executive Officer at Zimmer Biomet Holdings Inc in 2022.

How much does Lithia CEO make a year? ›

Lithia Motors CEO Bryan DeBoer led the pack with a $19.3M compensation in 2023, outshining other auto retail CEOs. Six public franchised dealership groups increase 2023 CEO pay with extras as Lithia's DeBoer sees...

How much money does Brian L Roberts make? ›

Executive Compensation

Roberts made $35,473,667 in total compensation. Of this total $2,500,000 was received as a salary, $8,550,000 was received as a bonus, $9,200,027 was received in stock options, $15,024,591 was awarded as stock and $199,049 came from other types of compensation.

How much does Lithia CFO make? ›

As Chief Financial Officer at LITHIA MOTORS INC, Tina H. Miller made $4,245,847 in total compensation. Of this total $750,000 was received as a salary, $875,008 was received as a bonus, $0 was received in stock options, $2,564,125 was awarded as stock and $56,714 came from other types of compensation.

Top Articles
Latest Posts
Recommended Articles
Article information

Author: Edmund Hettinger DC

Last Updated:

Views: 6075

Rating: 4.8 / 5 (58 voted)

Reviews: 89% of readers found this page helpful

Author information

Name: Edmund Hettinger DC

Birthday: 1994-08-17

Address: 2033 Gerhold Pine, Port Jocelyn, VA 12101-5654

Phone: +8524399971620

Job: Central Manufacturing Supervisor

Hobby: Jogging, Metalworking, Tai chi, Shopping, Puzzles, Rock climbing, Crocheting

Introduction: My name is Edmund Hettinger DC, I am a adventurous, colorful, gifted, determined, precious, open, colorful person who loves writing and wants to share my knowledge and understanding with you.