Lithia Motors, Inc. (NYSE:LAD) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
On March 1, 2019, Lithia Motors, Inc. issued a press release announcing the promotion of Tina Miller, 38, to Chief Accounting Officer effective March 1, 2019.
Ms. Miller has served as Corporate Controller since 2015 and held various accounting and audit leadership roles over the past 14 years. Prior to joining Lithia, she worked for Ernst & Young in their assurance practice.
As Chief Accounting Officer, Ms. Miller will oversee accounting, financial reporting, tax and risk management. In addition to her Chief Accounting Officer role, she will also serve as interim Principal Financial Officer. At the time of this filing, the Company has not materially changed any compensatory agreements with Ms. Miller.
A copy of the press release is attached as Exhibit 99.1.
LITHIA MOTORS INC Exhibit
EX-99.1 2 lad20190301-8k_ex991.htm EXHIBIT 99.1 Exhibit LITHIA NAMES CHIEF ACCOUNTING OFFICER AND INTERIM PRINCIPAL FINANCIAL OFFICERMedford,…
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About Lithia Motors, Inc. (NYSE:LAD)
Lithia Motors, Inc. is an operator of automotive franchises and a retailer of new and used vehicles and services. The Company operates in three segments: Domestic, Import and Luxury. Its Domestic segment consists of retail automotive franchises that sell new vehicles of Chrysler, General Motors and Ford. Its Import segment consists of retail automotive franchises that sell new vehicles manufactured primarily by Honda, Toyota, Subaru, Nissan and Volkswagen. Its Luxury segment consists of retail automotive franchises that sell new vehicles of BMW, Mercedes-Benz and Lexus. Its franchises in each segment sell used vehicles, parts and automotive services, and automotive finance and insurance products. Its operations involve the use, handling, storage and contracting for recycling and disposal of materials, such as motor oil and filters, transmission fluids, antifreeze, refrigerants, paints, thinners, batteries, cleaning products, lubricants, degreasing agents, tires and fuel.
