MEDFORD,
Ore., Aug. 1, 2024 /PRNewswire/ -- Lithia &
Driveway (NYSE: LAD), a leader in automotive retail, has realigned
organizational leadership to more efficiently realize operational
potential and leverage the competitive advantages of its now
completed customer ecosystem.
To achieve this, Adam Chamberlain
has been promoted to Executive Vice President, Chief Operating
Officer (COO) and Chris Holzshu will
continue as an Executive Vice President, with both supporting LAD's
commitment to delivering best-in-class results and executing its
unique growth strategy.
"Adam's extensive experience in the automotive industry, coupled
with his success leading our eastern region, positions him
perfectly for this growing role," said Bryan DeBoer, President and CEO of Lithia &
Driveway. "His deep understanding of customer needs will be
instrumental in driving profitability, through a more connected,
convenient, and holistic experience for our customers wherever,
whenever, and however they choose to interact with us."
Chamberlain brings a wealth of knowledge to the COO position
from his 25-year career in key retail leadership roles at several
large European manufacturers. In his past few years as LAD's Chief
Customer Officer (CCO) and Regional President (East Region), he has
demonstrated a talent for quickly improving operational results
while fostering a customer-centric culture.
In addition, Dianna du Preez was named CCO and she will continue
to build out the customer ecosystem and the company's Driveway
channel, along with after sales, to enhance our customer
experience. Du Preez brings three
decades of customer service experience and joined LAD in 2023 as
Vice President, Driveway Operations. Previously, du Preez served as
Vice President of Customer Service at Mercedes-Benz USA.
Holzshu, who has been LAD's COO since 2019, will leverage his
broad experience and success at LAD, and will serve as the Company
appointee on the boards of Pinewood Technologies Group PLC and
Wheels Inc. to strengthen our partnerships and leverage synergies
across our customer ecosystem and focus on corporate
development.
DeBoer says "I am so thankful for Chris' contributions as COO
and our continued partnership. His love for growth and success
throughout his many senior roles prepares him perfectly to continue
strengthening our unique ecosystem and significantly contributing
to our mission of Growth Powered by People."
Both Chamberlain and Holzshu will continue to report directly to
DeBoer.
About Lithia & Driveway (LAD)
Lithia &
Driveway (NYSE: LAD) is one of the largest global automotive
retailers providing a wide array of products and services
throughout the vehicle ownership lifecycle. Simple, convenient, and
transparent experiences are offered through our comprehensive
network of physical locations, e-commerce platforms, captive
finance solutions, fleet management offerings, and other
synergistic adjacencies. We deliver consistent, profitable growth
in a massive and unconsolidated industry. Our highly diversified
and competitively differentiated design provides us the flexibility
and scale to pursue our vision to modernize personal transportation
solutions wherever, whenever and however consumers desire.
Sites
www.lithia.com
www.investors.lithiadriveway.com
www.lithiacareers.com
www.driveway.com
www.greencars.com
www.drivewayfinancecorp.com
Lithia & Driveway on
Facebook
https://www.facebook.com/LithiaMotors
https://www.facebook.com/DrivewayHQ
Lithia & Driveway on
X
https://x.com/lithiamotors
https://x.com/DrivewayHQ
https://x.com/GreenCarsHQ
Lithia & Driveway on
LinkedIn
https://www.linkedin.com/company/lithia-motors/
Lithia & Driveway on
YouTube
https://www.youtube.com/@Lithia_Motors/featured
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SOURCE Lithia Motors, Inc.