Source-grounded facts extracted from LITHIA MOTORS INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
LITHIA MOTORS INC shareholders rejected Shareholder proposal requesting a change to our board leadership structure at the 2026-04-30 meeting.
“Proposal 4: Shareholder proposal requesting a change to our board leadership structure, if properly presented.”
LITHIA MOTORS INC shareholders approved Ratification of Appointment of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for the Year Ending December 31, 2026 at the 2026-04-30 meeting.
“Proposal 3: Ratification of Appointment of KPMG LLP as the Company’s Independent Registered Public Accounting Firm for the Year Ending December 31, 2026”
LITHIA MOTORS INC shareholders approved Advisory vote to approve the compensation of the Company's named executive officers at the 2026-04-30 meeting.
“Proposal 2: Advisory vote to approve the compensation of the Company's named executive officers”
LITHIA MOTORS INC shareholders approved Election of Directors at the 2026-04-30 meeting.
“Proposal 1: Election of Directors”
LITHIA MOTORS INC reported the first quarter of 2026 results: revenue $9.3 billion, net income $102.0 million, EPS $4.28.
“EX-99.1 (EX-99.1) --- Lithia & Driveway (LAD) Reports First Quarter Results ________________________________________________ Key Highlights • Record first quarter revenues of $9.3 billion • Used vehicle revenue increased 4.6% on a same store basis in the quarter • Used retail GPUs increased 9% , or $133 , sequentially • Aftersales revenue increased 3.8%, gross”
LITHIA MOTORS INC amended Seventh Amendment with U.S. Bank National Association (effective 2026-02-27).
“On February 27, 2026, Lithia Motors, Inc. (the “Company”) entered into a Seventh Amendment (the “Seventh Amendment”) to its Fourth Amended and Restated Loan Agreement, dated as of April 29, 2021 (including all amendments, the “Loan Agreement”) with U.S. Bank National Association as administrative agent and agent for the lenders, and each of the lenders party to the Loan Agreement, as lenders.”
LITHIA MOTORS INC: Removed upper limit on board size; board size will be fixed by board resolution (effective 2026-02-19).
“On February 19, 2026, the Board of Directors the Company approved and adopted an amendment to the Company’s Amended and Restated Bylaws (as amended and restated, the “Bylaws”), effective as of such date. The amendment removes the upper limit on the size of the Board and provides that the exact number of directors shall be fixed from time to time by resolution of the Board.”
LITHIA MOTORS INC incurred senior notes of $600 million aggregate principal amount with U.S. Bank Trust Company, National Association at 5.500% maturing October 1, 2030.
“completed a private offering (the “Offering”) of $600 million aggregate principal amount of its 5.500% Senior Notes due 2030”
LITHIA MOTORS INC amended credit facility of increases the total financing commitment from $6.0 billion to $6.5 billion with U.S. Bank National Association.
“agent for the lenders, and each of the lenders party to the Loan Agreement, as lenders. Among other changes, the Sixth Amendment: • Increases the total financing commitment from $6.0 billion to $6.5 billion, which may be further expanded to up to a total of $7.0 billion, subject to Lender approval and the satisfaction of other conditions, with initial allocations as”
Adam A. Chamberlain resigned as Executive Vice President, Chief Operating Officer at LITHIA MOTORS INC.
“Adam A. Chamberlain will transition from his current role as Executive Vice President, Chief Operating Officer at Lithia Motors, Inc. (the “Company”) to assume the role of CEO of Mercedes-Benz USA, and therefore is resigning from his position with the Company, effective June 1, 2025.”
David J. Robino departed as Director at LITHIA MOTORS INC.
“On February 27, 2025, David J. Robino informed Lithia Motors, Inc. (the “Company”) of his decision to not stand for reelection to the Company’s Board of Directors (the “Board”) at the Company’s 2025 Annual Meeting of Shareholders.”
Christopher Holzshu changed role as Chief Operating Officer at LITHIA MOTORS INC.
“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.”
Cassandra McKinney was elected as Director at LITHIA MOTORS INC.
“On June 26, 2024, the Board of Directors (the “Board”) of Lithia Motors, Inc. (the “Company”) elected Cassandra McKinney to fill a vacancy created by the expansion of the Board from seven to eight directors, with service beginning July 1, 2024.”
LITHIA MOTORS INC shareholders approved Ratification of Appointment of KPMG LLP as the Company's Independent Registered Public Accounting Firm for the Year Ending December 31, 2024 at the 2024-04-23 meeting.
“Proposal 3: Ratification of Appointment of KPMG LLP as the Company's Independent Registered Public Accounting Firm for the Year Ending December 31, 2024 FOR AGAINST ABSTAIN BROKER NON-VOTES 24,432,893 2,152,066 14,810 —”
LITHIA MOTORS INC shareholders approved Approval by Advisory Vote, of Executive Compensation at the 2024-04-23 meeting.
“Proposal 2: Approval by Advisory Vote, of Executive Compensation FOR AGAINST ABSTAIN BROKER NON-VOTES 20,092,168 4,682,769 16,778 1,808,054”
LITHIA MOTORS INC shareholders approved Election of Directors at the 2024-04-23 meeting.
“Proposal 1: Election of Directors DIRECTOR FOR AGAINST ABSTAIN BROKER NON-VOTES Sidney B. DeBoer 23,985,189 790,775 15,751 1,808,054 Bryan B. DeBoer 24,763,968 16,706 11,041 1,808,054 James E. Lentz 24,672,853 107,830 11,032 1,808,054 Stacy C. Loretz-Congdon 24,553,144 226,868 11,703 1,808,054 Shauna F. McIntyre 24,672,430 108,323 10,962 1,808,054 Louis P. Miramontes 23,198,492 1,559,683 33,540 1,808,054 David J. Robino 21,560,871 3,219,471 11,373 1,808,054”
LITHIA MOTORS INC reported first quarter of 2024 results: revenue $8.6 billion, net income $165 million, EPS $5.89.
“Lithia & Driveway (LAD) Reports Record First Quarter Revenue of $8.6 billion, 23% Increase”
LITHIA MOTORS INC amended Fifth Amendment with U.S. Bank National Association valued at $6.00 billion (effective 2024-02-23).
“On February 23, 2024, Lithia Motors, Inc. (the "Company”) entered into a Fifth Amendment (the "Fifth Amendment”) to its Fourth Amended and Restated Loan Agreement (the "Loan Agreement”) with U.S. Bank National Association as agent for the lenders, and each of the lenders party to the Loan Agreement, as lenders (collectively, the "Lenders”).”
LITHIA MOTORS INC reported full year 2023 results: EPS $36.86.
“Full year 2023 revenue increased 10% to a record $31.0 billion from $28.2 billion in 2022. Full year 2023 net income attributable to LAD per diluted share decreased 18% to $36.29 from $44.17 for 2022.”
LITHIA MOTORS INC reported fourth quarter of 2023 results: net income $230 million.
“Adjusted fourth quarter 2023 net income attributable to LAD per diluted share was $8.24, a 9% decrease compared to $9.05 per diluted share in the same period of 2022.”
Scott Hillier departed as Regional President at LITHIA MOTORS INC.
“Scott Hillier, Regional President of LAD will be retiring, effective July 1, 2024.”
LITHIA MOTORS INC reported second quarter 2023 results: revenue $8.1 billion, net income $301 million, EPS $10.78.
“Second quarter 2023 revenue increased 12% to $8.1 billion from $7.2 billion in the second quarter of 2022. Second quarter 2023 net income attributable to LAD per diluted share was $10.78, a 7% decrease from $11.60 per diluted share reported in the second quarter of 2022.”
LITHIA MOTORS INC shareholders approved Ratification of Appointment of KPMG LLP as Independent Auditor at the 2023-04-20 meeting.
“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 —”
LITHIA MOTORS INC shareholders approved Advisory Vote on Frequency of Future Executive Compensation Votes at the 2023-04-20 meeting.
“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 —”
LITHIA MOTORS INC shareholders approved Approval by Advisory Vote of Executive Compensation at the 2023-04-20 meeting.
“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”
LITHIA MOTORS INC shareholders approved Election of Directors at the 2023-04-20 meeting.
“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”
LITHIA MOTORS INC reported Q1 2023 results: revenue $7.0 billion, net income $230 million, EPS $8.30.
“First quarter 2023 revenue increased 4% to $7.0 billion from $6.7 billion in the first quarter of 2022. First quarter 2023 net income attributable to LAD per diluted share was $8.30, a 28% decrease from $11.55 per diluted share reported in the first quarter of 2022.”
LITHIA MOTORS INC reported FY 2022 results: revenue $28.2 billion, net income $1.3 billion, EPS $44.17.
“Full year 2022 revenue increased 24% to a record $28.2 billion from $22.8 billion in 2021. Full year 2022 net income attributable to LAD per diluted share increased 21% to $44.17 from $36.54 for 2021.”
LITHIA MOTORS INC reported Q4 2022 results: revenue $7.0 billion, net income $250 million, EPS $9.00.
“Fourth quarter 2022 revenue increased 11% to $7.0 billion from $6.3 billion in the fourth quarter of 2021. Fourth quarter 2022 net income attributable to LAD per diluted share was $9.00, a 6% decrease from $9.57 per diluted share reported in the fourth quarter of 2021.”
LITHIA MOTORS INC incurred revolving credit of $500.0 million with Mizuho Bank, Ltd. maturing October 2025.
“the Borrower may incur up to an aggregate principal amount of $500.0 million in revolving loan borrowings (the “Credit Facility”)”
LITHIA MOTORS INC entered into Loan Agreement with Mizuho Bank, Ltd. valued at $500.0 million (effective 2022-11-01).
“Entry Into a Material Definitive Agreement Auto Loan Warehouse Facility On November 1, 2022, DFC Business Services, LLC (the “Borrower”), a wholly owned subsidiary of Lithia Motors, Inc., entered into a Loan Agreement with Driveway Finance Corporation (“DFC”), as servicer and collateral custodian, the lenders from time to time party thereto, the agents from time to time party thereto, and Mizuho Bank, Ltd.”
James Lentz was elected as Director at LITHIA MOTORS INC.
“On September 30, 2022, the Board of Directors (the “Board”) of Lithia Motors, Inc. (the “Company”) elected James Lentz to fill a vacancy created by the Board’s expansion from seven to eight directors, with service beginning October 1, 2022.”
Tom Dobry changed role as Vice President of Advertising at LITHIA MOTORS INC.
“Tom Dobry, the Company’s Senior Vice President and Chief Marketing Officer will transition to Vice President of Advertising.”
Marguerite Celeste was appointed as Senior Vice President and Chief Marketing Officer at LITHIA MOTORS INC.
“Marguerite Celeste has been appointed to serve as the Company’s Senior Vice President and Chief Marketing Officer starting July 23, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.