#USA #Medford #Lithia Driveway #Mercedes-Benz #Adam Chamberlain

Leadership Transition at Lithia & Driveway

Lithia & Driveway, trading under the ticker symbol NYSE: LAD, recently confirmed a pivotal leadership shift within its organization. Effective June 1, 2025, Adam Chamberlain, the current Executive Vice President and Chief Operating Officer, will be departing to take on the role of CEO at Mercedes-Benz USA. This transition marks a significant moment for both Lithia & Driveway and the automotive industry as a whole.

Bryan DeBoer, the President and CEO of Lithia & Driveway, expressed deep appreciation for Chamberlain’s contributions, highlighting his instrumental role in enhancing the company’s operational framework. DeBoer stated, "We are incredibly grateful for Adam's leadership as our Chief Operating Officer and the value he brought to Lithia & Driveway."

Chamberlain’s tenure at Lithia & Driveway has been characterized by an unwavering commitment to operational excellence and customer satisfaction. Under his guidance, the company has not only sharpened its offerings but also greatly increased its customer awareness and growth. This strategic transition signifies the beginning of a new chapter for Lithia & Driveway, especially in its ongoing partnership with Mercedes-Benz. DeBoer added, "Adam remains committed to our shared success," underscoring the continued collaboration between both entities.

In response to Chamberlain’s departure, Lithia & Driveway has realigned its operational structure to maintain its momentum and competitive edge. Effective immediately, the firm's Regional Presidents and Regional Vice Presidents will now report directly to DeBoer. This leadership realignment ensures that the company continues its rapid growth trajectory and remains focused on executing its strategic vision.

Lithia & Driveway operates as the largest global automotive retailer, offering a wide spectrum of products and services throughout the vehicle ownership lifecycle. Their approach emphasizes simple, transparent, and convenient experiences, facilitated through a cohesive network of physical locations, e-commerce channels, and captive financing options. This diversified platform allows Lithia & Driveway to consistently achieve profitable growth in a largely unconsolidated industry, positioning them well for future challenges and innovations.

The company's mission to drive growth through people continues to shape its culture and values. Chamberlain's departure may signify a change in leadership, but it also reflects the company's strong foundational commitment to cultivating a skilled team of operational leaders capable of driving success. The depth of talent within Lithia & Driveway gives them confidence in their strategy moving forward.

As the company approaches this transitional phase, it remains focused on modernizing personal transportation solutions to meet evolving consumer preferences. Lithia & Driveway is determined to innovate and adapt to the changing landscape of the automotive industry while ensuring the highest levels of service and value for its customers. This leadership shift is not just about a change at the top; it reflects the organization's commitment to continuous improvement and excellence in all facets of its operations.

In conclusion, the leadership transition at Lithia & Driveway marks an important milestone for the company as it embarks on a new chapter with Adam Chamberlain taking the helm at Mercedes-Benz USA. The future is bright for both Lithia & Driveway and Mercedes-Benz, as they continue to work towards shared goals and success in the automotive industry.