Lithia Selects New Chief Human Resources Officer

MEDFORD, Ore.--()--Lithia Motors, Inc. (NYSE: LAD) is pleased to announce Erik Lewis as Senior Vice President and Chief Human Resources Officer. “We welcome Erik as our first executive dedicated to supercharging our mission of Growth Powered by People,” said Bryan DeBoer, President and CEO.

“Lithia’s people-focused culture is the differentiator behind our substantial growth over the previous 5 years to $12 billion in annual revenue. Our entrepreneurial team members drive both strong execution and innovation, and will take us to the next level of leadership in personal transportation solutions. Erik’s experience in building dynamic cultures that maximize an organization’s ability to attract, grow and retain top talent will be a continued catalyst for innovation and success,” added Mr. DeBoer.

Mr. Lewis assumes oversight of Human Resources from Chris Holzshu, Lithia’s Executive Vice President. “Chris’s exceptional leadership in strengthening our culture and shaping our first CHRO role has prepared him to further expand his influence operationally, leveraging his passion for people and managing performance. With growth and innovation objectives and nearly $250 million in earnings potential in our existing store base, we are proud to have Chris focused on delivering operational results,” stated Mr. DeBoer.

Erik most recently served as the CHRO of Apple Leisure Group and has held related roles at Walmart stores and Sysco Corporation. Previously, he consulted for numerous organizations while working at PwC and Andersen LLP.

About Lithia

Lithia Motors, Inc. is one of the largest providers of personal transportation solutions in the United States and is among the fastest growing companies in the Fortune 500 (#294-2018). Consumers can buy, sell and service vehicles digitally or through our 188 coast to coast locations. Our mission statement, Growth Powered by People, drives us to continuously improve and to give back to our communities.

Sites
www.lithiamotors.com
www.lithiainvestorrelations.com
www.lithiacareers.com

Lithia Motors on Facebook
www.facebook.com/LithiaMotors

Lithia Motors on Twitter
http://twitter.com/lithiamotors

Contacts

Lithia Motors, Inc.
John North, 541-618-5748
Senior Vice President and Chief Financial Officer

Contacts

Lithia Motors, Inc.
John North, 541-618-5748
Senior Vice President and Chief Financial Officer