Lithia Motors promotes Adam Chamberlain to COO; Holzshu shifts to EVP corporate development

LITHIA MOTORS INC

Adam Chamberlain named EVP, COO effective Aug 1, 2024; base salary $750K, bonus target 100%, equity target $1.8M.
Christopher Holzshu steps down as COO, remains EVP; will join boards of Pinewood Technologies and Wheels Inc., focus on corporate development.
Dianna du Preez appointed Chief Customer Officer, overseeing Driveway channel and after-sales to enhance customer experience.
Chamberlain previously CCO and Regional President for 82 east-coast locations; 25+ years in automotive retail leadership.

item 5.02 item 7.01 item 9.01

Executive movements

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Role change

Christopher Holzshu

Chief Operating Officer

LAD · LITHIA MOTORS INC

Effective: 2024-08-01
Successor: Adam Chamberlain
Filed: August 1, 2024, 7:59 PM ET

Mr. Holzshu, who has been COO since 2019, will leverage his broad experience and success at the Company, and will strengthen the Company’s partnerships and leverage synergies across its customer ecosystem and focus on corporate development.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.9

Christopher Holzshu changed role as Chief Operating Officer at LITHIA MOTORS INC.

Role: Chief Operating Officer

Exact text from the filing

Mr. Holzshu, who has been COO since 2019, will leverage his broad experience and success at the Company, and will strengthen the Company’s partnerships and leverage synergies across its customer ecosystem and focus on corporate development.

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LITHIA MOTORS INC filing history →

Source: SEC EDGAR

accession 0001023128-24-000093

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