---
schema_version: "secwatch.filing_event.v1"
accession: "0001023128-23-000069"
form_type: "8-K"
ticker: "LAD"
cik: "0001023128"
company_name: "LITHIA MOTORS INC"
filed_at: "2023-04-21T23:59:59+00:00"
generated_at: "2026-06-16T20:59:26.481847+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Lithia Motors shareholders elect all nominees, approve say-on-pay, set frequency to 1 year

## Summary
- All 9 director nominees were elected; Sidney B. DeBoer: 24,512,042 for, 769,138 against.
- Advisory vote on executive compensation approved: 24,253,819 for, 1,061,122 against.
- Shareholders voted for future say-on-pay every 1 year (24,921,029 votes); board adopted that frequency.
- Ratification of KPMG as independent auditor for 2023 approved: 25,714,050 for, 890,215 against.

## SEC filing metadata
- accession: 0001023128-23-000069
- form_type: 8-K
- ticker: LAD
- cik: 0001023128
- company_name: LITHIA MOTORS INC
- filed_at: 2023-04-21T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1023128/000102312823000069/0001023128-23-000069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1023128/000102312823000069/lad-20230420.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001023128-23-000069
- JSON: https://secwatch.observer/filing/0001023128-23-000069.json
- Plain text: https://secwatch.observer/filing/0001023128-23-000069.txt

## Key facts
- Shareholder Votes
  LITHIA MOTORS INC shareholders approved Election of Directors at the 2023-04-20 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-04-20
  source text: Proposal 1: Election of Directors DIRECTOR FOR AGAINST ABSTAIN BROKER NON-VOTES Sidney B. DeBoer 24,512,042 769,138 57,018 1,279,830 Susan O. Cain 24,578,968 709,976 49,254 1,279,830 Bryan B. DeBoer 25,134,411 147,071 56,716 1,279,830 James E. Lentz 25,091,563 188,846 57,789 1,279,830 Stacy C. Loretz-Congdon 25,274,616 13,180 50,402 1,279,830 Shauna F. McIntyre 25,082,560 198,310 57,328 1,279,830 Louis P. Miramontes 24,624,200 653,482 60,516 1,279,830 Kenneth E. Roberts 24,684,325 639,353 14,520 1,279,830 David J. Robino 24,346,971 930,384 60,843 1,279,830
  evidence_url: https://www.sec.gov/Archives/edgar/data/1023128/000102312823000069/0001023128-23-000069-index.htm
- Shareholder Votes
  LITHIA MOTORS INC shareholders approved Advisory Vote on Frequency of Future Executive Compensation Votes at the 2023-04-20 meeting.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2023-04-20
  source text: Proposal 3: Approval by Advisory Vote, Frequency of Future Votes on Executive Compensation ONE YEAR TWO YEARS THREE YEARS ABSTAIN BROKER NON-VOTES 24,921,029 4,182 390,246 22,741 —
  evidence_url: https://www.sec.gov/Archives/edgar/data/1023128/000102312823000069/0001023128-23-000069-index.htm
- Shareholder Votes
  LITHIA MOTORS INC shareholders approved Ratification of Appointment of KPMG LLP as Independent Auditor at the 2023-04-20 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-04-20
  source text: Proposal 4: Ratification of Appointment of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for the Year Ending December 31, 2023 FOR AGAINST ABSTAIN BROKER NON-VOTES 25,714,050 890,215 13,763 —
  evidence_url: https://www.sec.gov/Archives/edgar/data/1023128/000102312823000069/0001023128-23-000069-index.htm
- Shareholder Votes
  LITHIA MOTORS INC shareholders approved Approval by Advisory Vote of Executive Compensation at the 2023-04-20 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-04-20
  source text: Proposal 2: Approval by Advisory Vote, of Executive Compensation FOR AGAINST ABSTAIN BROKER NON-VOTES 24,253,819 1,061,122 23,257 1,279,830
  evidence_url: https://www.sec.gov/Archives/edgar/data/1023128/000102312823000069/0001023128-23-000069-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.