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Lithia & Driveway (LAD) Announces Chief Operating Officer Transition

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Lithia & Driveway (NYSE: LAD) announced that Executive Vice President and Chief Operating Officer Adam Chamberlain will transition from his role effective June 1, 2025 to become CEO of Mercedes-Benz USA. CEO Bryan DeBoer acknowledged Chamberlain's contributions in strengthening operations, driving growth, and advancing company strategy.

Following this transition, LAD's Regional Presidents and Regional Vice Presidents will report directly to CEO Bryan DeBoer. The company emphasized its 'Growth Powered by People' mission and expressed confidence in its operational leadership team to maintain high velocity and continue executing company strategy.

Lithia & Driveway (NYSE: LAD) ha annunciato che il Vice Presidente Esecutivo e Chief Operating Officer Adam Chamberlain lascerà il suo incarico a partire dal 1° giugno 2025 per assumere il ruolo di CEO di Mercedes-Benz USA. Il CEO Bryan DeBoer ha riconosciuto il contributo di Chamberlain nel rafforzare le operazioni, stimolare la crescita e promuovere la strategia aziendale.

Dopo questa transizione, i Presidenti Regionali e i Vice Presidenti Regionali di LAD risponderanno direttamente al CEO Bryan DeBoer. L'azienda ha sottolineato la sua missione “Crescita guidata dalle persone” ed espresso fiducia nel team di leadership operativa per mantenere un ritmo elevato e continuare a implementare la strategia aziendale.

Lithia & Driveway (NYSE: LAD) anunció que el Vicepresidente Ejecutivo y Director de Operaciones, Adam Chamberlain, dejará su puesto a partir del 1 de junio de 2025 para convertirse en CEO de Mercedes-Benz USA. El CEO Bryan DeBoer reconoció las contribuciones de Chamberlain en fortalecer las operaciones, impulsar el crecimiento y avanzar en la estrategia de la empresa.

Tras esta transición, los Presidentes Regionales y Vicepresidentes Regionales de LAD reportarán directamente al CEO Bryan DeBoer. La compañía enfatizó su misión de 'Crecimiento impulsado por las personas' y expresó confianza en su equipo de liderazgo operativo para mantener un ritmo alto y continuar ejecutando la estrategia empresarial.

Lithia & Driveway (NYSE: LAD)는 부사장 겸 최고운영책임자(COO) 아담 체임벌레인2025년 6월 1일부로 현 직무에서 물러나 메르세데스-벤츠 USA의 CEO로 취임한다고 발표했습니다. CEO 브라이언 드부어는 체임벌레인이 운영 강화, 성장 촉진, 회사 전략 진전에 기여한 점을 인정했습니다.

이번 인사 이후 LAD의 지역 사장 및 부사장들은 CEO 브라이언 드부어에게 직접 보고할 예정입니다. 회사는 '사람이 이끄는 성장'이라는 미션을 강조하며, 운영 리더십 팀이 높은 속도를 유지하고 회사 전략을 계속 실행할 것이라는 신뢰를 표명했습니다.

Lithia & Driveway (NYSE : LAD) a annoncé que le Vice-Président Exécutif et Directeur des Opérations, Adam Chamberlain, quittera son poste à compter du 1er juin 2025 pour devenir PDG de Mercedes-Benz USA. Le PDG Bryan DeBoer a salué les contributions de Chamberlain dans le renforcement des opérations, la stimulation de la croissance et l’avancement de la stratégie de l’entreprise.

Suite à cette transition, les Présidents Régionaux et Vice-Présidents Régionaux de LAD rapporteront directement au PDG Bryan DeBoer. L’entreprise a souligné sa mission « Croissance portée par les personnes » et exprimé sa confiance dans son équipe de direction opérationnelle pour maintenir un rythme soutenu et continuer à exécuter la stratégie de l’entreprise.

Lithia & Driveway (NYSE: LAD) gab bekannt, dass der Executive Vice President und Chief Operating Officer Adam Chamberlain seine Rolle zum 1. Juni 2025 aufgeben wird, um CEO von Mercedes-Benz USA zu werden. CEO Bryan DeBoer würdigte Chamberlains Beitrag zur Stärkung der Abläufe, Förderung des Wachstums und Weiterentwicklung der Unternehmensstrategie.

Nach diesem Wechsel werden die Regionalpräsidenten und Regional-Vizepräsidenten von LAD direkt an CEO Bryan DeBoer berichten. Das Unternehmen betonte seine Mission „Wachstum durch Menschen“ und zeigte Vertrauen in das operative Führungsteam, um ein hohes Tempo beizubehalten und die Unternehmensstrategie weiterhin umzusetzen.

Positive
  • Strengthened partnership with Mercedes-Benz through executive transition
  • Demonstrates strong internal leadership bench strength
Negative
  • Loss of key executive (COO) who contributed to operational improvements
  • Potential operational disruption during leadership transition

MEDFORD, Ore., April 15, 2025 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) has announced today that Adam Chamberlain will transition from his current role as Executive Vice President and Chief Operating Officer effective June 1, 2025 to join Mercedes-Benz as CEO of Mercedes-Benz USA.

"We are incredibly grateful for Adam's leadership as our Chief Operating Officer and the value he brought to Lithia & Driveway," said Bryan DeBoer, President and CEO of Lithia & Driveway. "His contributions have helped strengthen our operations, sharpen our offerings and customer awareness, drive growth, and advance our strategy. This is the beginning of a new chapter in our long-standing partnership with Mercedes-Benz, and Adam remains committed to our shared success." 

LAD's mission of Growth Powered by People ensures that the company has a deep bench of talented operational leaders. LAD's Regional Presidents and Regional Vice Presidents will now report directly to Bryan DeBoer. The team's experience, commitment, and leadership ensure that LAD will continue its high velocity and remain well-positioned to continue executing the company's strategy and driving towards our potential. 

About Lithia & Driveway (LAD)

Lithia & Driveway (NYSE: LAD) is the largest global automotive retailer 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

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/lithia--driveway-lad-announces-chief-operating-officer-transition-302429578.html

SOURCE Lithia Motors, Inc.

FAQ

When is Adam Chamberlain leaving his position as COO of Lithia & Driveway (LAD)?

Adam Chamberlain will transition from his role as Executive Vice President and COO of LAD effective June 1, 2025.

Who will Adam Chamberlain report to after leaving LAD?

Chamberlain will become CEO of Mercedes-Benz USA.

How will LAD's reporting structure change after Chamberlain's departure?

Regional Presidents and Regional Vice Presidents will report directly to CEO Bryan DeBoer.

What is LAD's strategy for maintaining operations after the COO transition?

LAD will rely on its deep bench of operational leaders and 'Growth Powered by People' mission to maintain high velocity and continue executing company strategy.
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