Lithia & Driveway (LAD) Announces Chief Operating Officer Transition

Group 1 - Lithia & Driveway announced the transition of Adam Chamberlain from Executive Vice President and Chief Operating Officer to CEO of Mercedes-Benz USA effective June 1, 2025 [1] - Bryan DeBoer, President and CEO of Lithia & Driveway, expressed gratitude for Chamberlain's leadership and contributions, which strengthened operations and advanced the company's strategy [2] - The company emphasizes its mission of "Growth Powered by People," ensuring a strong leadership team with Regional Presidents and Vice Presidents reporting directly to the CEO [2] Group 2 - Lithia & Driveway is the largest global automotive retailer, offering a wide range of products and services throughout the vehicle ownership lifecycle [3] - The company aims to provide simple, convenient, and transparent experiences through a comprehensive network of physical locations and e-commerce platforms [3] - Lithia & Driveway focuses on consistent, profitable growth in a large and unconsolidated industry, leveraging its diversified and competitively differentiated design [3]