The pleasing results would be something shareholders would keep in mind at the upcoming AGM on 29 April 2021. Bryan Deboer, who has led the $6.9 billion company for more than three decades, is looking to continue growing its roster of stores. While this analysis focuses on total compensation, it's worth acknowledging that the salary portion is lower, valued at US$1.1m. Bathrooms in the parks are locked up after dusk, but people often find ways to get in and bed down for the night. "We're in the forefront of being able to roll out our Driveway strategy, which is an e-commerce solution," Deboer said. Bryan DeBoer, CEO of Lithia Motors, and his wife Stephanie chose the property in part because of their family's historical connection to the lot and park. Reveal contact info Contact details Work email b*****@lithi***.com Valid Reveal Latest update September 26, 2021 Location Medford, Oregon, United States Bryan's current employer We have been pretty impressed with the performance at Lithia Motors, Inc. (NYSE:LAD) recently and CEO Bryan DeBoer deserves a mention for their role in it. Bloomberg Daybreak Middle East. In 1990, Bryan graduated from the National Auto Dealers Association Dealer Academy where he was trained in all operational aspects of auto retailing. Lithia added about $3.5 billion in revenue from its 2020 acquisitions. An emphasis on indoor/outdoor As an Ashland-born SOU student, the grounded hometown education taught by a diverse group of engaged professors prepared me well for my career in automotive retailing., BS Business Administration/Management, summa cum laude, 1988, President & CEO at Lithia Motors, Incorporated based in Medford, OR. other earnings, plans or compensations of $206,243 . Mr. DeBoer has a B.S. Bryan DeBoer is 53, he's been the President, Chief Executive Officer, and Director of Lithia Motors since 2012. Lithia surpassed the 200 mark last year, reaching 209. DeBoer: Lithia Motors CEO altered buy-sell landscape Bryan DeBoer has been a driving force in transforming the company into one of the largest publicly traded dealership groups, largely. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement. Bryan andStephanie wanted their new space to reflect their passion for food and wine,honor their family legacy and contribute to the beauty of their homessurroundings. As the President, Chief Executive Officer, and Director of Lithia Motors, the total compensation of Bryan DeBoer at Lithia Motors is $7,310,820. 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We had and still have one goal in mind: help the city of Ashland develop a permanent homeless shelter in Ashland. DeBoer's execution on his vision for Lithia is among the reasons he was selected among Automotive News' 2021 All-Stars as the Industry Leader of the Year. I told Bryan, Hey, were having this meeting, why dont you come and share some of your concerns? And he and Stephanie both came, Akins said. "You can have your car service in your slippers," Deboer said. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. There are so many violations we have documented, and this season is starting out worse than ever before. Fellow public companies Group 1 Automotive, Sonic Automotive Inc. and Asbury Automotive Group Inc. each revealed plans in September to acquire large private groups. Alternatively, email editorial-team (at) simplywallst.com. In his email to city officials, DeBoer asked the city to find a new location for the shelter and return the building to the community. "And make sure that you understand that David Fischer [of the Suburban Collection] and his team in Detroit know way more about the Detroit marketplace, the consumers, their associates and the competition than we will ever know. "I think some of it's caused by shortages in new and used inventories," he said. "Fortunately, a lot of people have a lot of extra money in their pockets because they're not taking vacations and they're not buying coffee when they go to and from work, because they're working from home," Deboer he said in a "Mad Money" interview. ISSN 2576-1064 (print) After graduating from SOU, Bryan joined Lithia Motors in 1989 where he worked his way through the managerial ranks at the dealerships, attaining General Manager. That's a notable increase of 13% on last year. They like the Grove, as well. Omnichannel refers to technology and processes aimed at providing a seamless buying experience for consumers whether they shop online, in-store or both. The DeBoers wanted I dont even hear about it anymore. I find the house tobe successful in that aficionados of architecture have noticed the design assomething significant in the park and for others, it simply blends into theenvironment as if it has been here all along. Carlos Delgado, ArchitectFall of 2020 was the first season the DeBoers were able to see their trees filledout and in full color. Most recently he sold 16,351 units of LAD stock worth $6,161,057 on 3 March 2021. Bryan Deboer - Chief Executive Officer, Lithia Motors Inc As of February 23, 2023 What is Bryan Deboer's Net Worth? Combined, new end used, our total business is about 15% subprime. Prior to becoming CEO in 2012, Bryan has worked in various corporate capacities in mergers, acquisitions and operations, culminating in President and Chief Operating Officer. If total compensation is slanted towards non-salary benefits, it indicates that CEO pay is linked to company performance. 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Despite that breakneck pace, DeBoer is quick to point out that the industry remains fragmented. Once in a while Ill ask, and theyll just tell me the latest. ISSN 1557-7686 (online), Fixed Ops Journal People are camping nearby so theyre close when it opens on cold mornings. 11 days, a massive crane and and all hands on deck during the planting phase. Due to the age of the buildings, some structural features are failing. He has been our Chief Executive Officer and President since 2012 and first became a director in 2008. We have offered to the city and P&R (Parks and Recreation) to financially assist in both a permanent homeless shelter and the improvement and betterment of the Winburn corridor a few times over the past three to four years, he said. CEO of Lithia Motors Inc (30-Year Financial, Insider Trades) Bryan B Deboer (insider trades) sold 16,351 shares of LAD on 03/04/2021 at an average price of $376.8 a share. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. In 2012, Lithia's dealership count was 87. Someones dog got into an office and defecated on the floor, he said, while someone else found a place to camp on the property and was not found for three days. Were trying to find a long-term solution, but this season we still have to try to address the immediate, urgent need, Lessard said. The mature plantings disguise any hint that the home is new construction. (Podcast). Moreover, Bryan DeBoer also holds US$90m worth of Lithia Motors stock directly under their own name, which reveals to us that they have a significant personal stake in the company. I believe it's the most lucrative markets in the country those seven, eight states in the Southeast and it's just something that we haven't been a party to over the last 20, 30 years," he said. Pioneer Hall opened as a warming shelter for the first time this year Nov. 7, but only for breakfast and dinner. The home was designed with a new life in mind for the DeBoers. Heres what you need to know. Lithia Motors CEO on Driveway strategy: 'Car service in your slippers'. Every aspectfrom the rear yard to the basement daylight strategies leave no space or areacompromised in the experience of home or nature. Carlos Delgado, Architect. 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For Lithia, that could mean further expansion in the Midwest and the South, anchored around Texas. Jackie Charniga. Interior walls are clad almost entirely in. We want to hear from you. Driveway, an omnichannel platform launched in 2020, allows consumers to buy new or used vehicles online with home deliveries. Since the email, two meetings have been held between the DeBoers and city staff. His grandfather paid him in hamburgers and ice creamfrom the old diner across the streetwhich is now the site of the DeBoers home. 3 on Automotive News' most recent list of the top 150 dealership groups based in the U.S., retailing 171,168 new vehicles in 2020. The most active insiders traders include Capital Management, L.P.Abr, Holding Co Llcdeboer Sidney, and Sidney B Deboer. Over the last 20 years, insiders at Lithia Motors have traded over $211,670,103 worth of Lithia Motors stock and bought 7,521 units worth $727,772 Every detail of the home and property was given extraordinary attention but one, In 1946, Byrans other grandfather opened the doors to the DeBoer family, The DeBoers took three years to plan and build their home and every aspect of, "Every corner of the residence and yard has been addressed. People identifying themselves as homeless have complained of poor treatment. The Houks gave him their personal numbers and said if he calls, theyll be there. We aim to bring you long-term focused analysis driven by fundamental data. DeBoer recently sent an email. We really believe that at Lithia and Driveway, we have the ability to continue to grow that network out to the 500 approximate stores to really get to that 100-mile density that allows us to really service consumers wherever they choose, whenever they choose and however they choose.". Neither building is compliant with the Americans with Disabilities Act. Now 32 degrees triggers the shelter. With both, The home's exterior wood is teak and cedar. Select the best result to find their address, phone number, relatives, and public records. Its not just that they need to be opened up, or that we need to put the houseless somewhere else. AGE 60s Bryan L Deboer Nuevo, CA View Full Report Aliases Used To Live In Relatives Bryan Lynn de Boer Brian L Deboer According to LinkedIn Bryan DeBoer started working on 1992, then the employee has changed 3 jobs. and bought an estimated value of $204.46M worth of shares. 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The staircase forms the core of the home and follows the line of the Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. He is also on the board of DCH Torrance Imports, Inc. and Member of National Automobile Dealers Association, Member of American International Automobile Dealers Association and Member of Oregon Auto Dealers Association. This report is not for commercial use. The car market has been one of the bright spots in an economy marred by a pandemic-induced slowdown. The residence of Lithia Motors CEO Bryan DeBoer and his wife, Stephanie, is next door to the Ashland warming shelter at Pioneer Hall. q-curve bottle display system. Lithia's Bryan DeBoer said on "Mad Money" that the car retailer finished the second quarter with more used vehicles than new. Id love to see (the warming shelter) at the Grove, Akins said. In 1946, Byrans other grandfather opened the doors to the DeBoer familybusiness only a block away from the old diner (and predestined site of theDeBoers new home). Bryan has an avid appreciation of wine and community and has worked on the Hearts & Vines Foundation Board of Trustees and also served as President. It hasn't stopped expanding. Neither building has proper fire exits. Even the small bushes average 20 years, giving the impression the You might find something better in this list of interesting companies with high ROE and low debt. On average, Lithia Motors executives and independent directors trade stock every 18 days with the average trade being worth of $3,358,424. By purchasing and building strong businesses that have yet to realize their potential, Lithia generates significant cash flows while maintaining low leverage. I agree with Bryan. Same-store used vehicle sales also increased more than 11%, as consumers doled out more money on cars. They helped raise money for the Grove. While Lithia Motors is focused on building out its online dealership strategy, the Oregon-based car retailer continues to make moves to expand its brick-and-mortar footprint. This information is according to proxy statements filed for the 2016 fiscal year. His Italian grandfatheron his moms side was a gardener for the park and Bryan spent his childhoodhelping him tend to it. It's quite a difference when you have a national brand with Lithia. Why? Bryan Deboer, Chief Executive Officer, Solera | DealerSocket: Four real-time integrations that can save your dealership time, Solera | DealerSocket: Time for a new pre-owned pricing tactic, Kerrigan Advisors: Blue Sky Update Q4 2021, Qualcomm: Trading multi-year design cycles for on-demand features and experiences, Twitter: EV adoption is happeningin an unexpected place, nearly quadruple 2019's revenue of $12.67 billion, Canadian retailer Pfaff Automotive Partners, each revealed plans in September to acquire large private groups. Haig Partners: How are dealerships being valued today? "Even though we're in Detroit, we're really not into the other major population areas like St. Louis and Minneapolis," DeBoer said. All Rights Reserved. Members of the houseless community said they were sorry he had that experience and they would do what they can to police the area, Akins said. See our latest analysis for Lithia Motors. Bryan DeBoers grandparents on each side of his family had asignificant role in the small community since the 1930s. The company's solid performance might have made most shareholders happy, possibly making CEO remuneration the least of the matters to be discussed in the AGM. Wife Bryan Deboer seems unmarried . Follow her on Twitter @MRothborne. There are 12 older and 6 younger executives at Lithia Motors. On average, Bryan trades about 4,321 units every 44 days since 2004. with mature plantings and careful planning of the landscape architecture. The information shown here is a reporting of information included in the company's proxy statement. change in pension value of $85,338 , and 48207-2997, Automotive News Over the past three years, Lithia Motors, Inc. has seen its earnings per share (EPS) grow by 34% per year. When city staff received DeBoers email, Mayor Julie Akins said, a public meeting already was planned for Nov. 5 at Pioneer Hall to consider improvements for the citys warming shelter. "It does help us be able to grow in that Region 6. Its interesting to me as long as Ive been in Ashland winter comes around like Christmas. "It's also important to remember that the top 10 largest groups have less than 10 percent of the market share of new vehicles in the country," DeBoer said. Sidney Deboer, Director, As President and Chief Executive Officer at LITHIA MOTORS INC -CL A, Bryan B. DeBoer made $4,429,830 in total compensation. Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Lithia is a growth company powered by people and innovation. home has been there much longer than it really has. If theres snow on the roof of Pioneer Hall, Sacks explained, the roof may cave in. "We're a $2 trillion industry that is quite large and quite unconsolidated. In an automotive retail landscape in the midst of a fast-paced era of consolidation, one group and one executive are operating at a different level: Lithia Motors Inc. and its CEO, Bryan DeBoer. They just send out an email saying, Were calling the shelter, and thats it, said Avram Sacks, a volunteer who helps organize and train volunteers for the shelter. Bryan showed an early interest and desire in the family automotive business and soon followed in both Walt's and father Sid's footsteps. In July 2020, the Medford, Ore., retailer revealed an ambitious five-year plan to reach $50 billion in annual revenue by 2025 nearly quadruple 2019's revenue of $12.67 billion and more than double its store count to a total of 500 U.S. dealerships. Bedroom walls speak to a spirit ofsimplicity with extensive built-ins, reducing the need for bulky furniture andsquare-footage-eating closets. Follow Bloomberg reporters as they uncover some of the biggest financial crimes of the modern era. Ladies and gentlemen, we have reached the end of the question-and-answer session. Bryan DeBoer CEO and President at Lithia Motors, Inc. Bryan DeBoer is based out of Medford, Oregon, United States and works at Lithia Motors, Inc. as CEO and President. The oldest executive at Lithia Motors, Inc. is Sidney B. DeBoer, 78, who is the Founder & Chairman. Bryan Deboer received compensation valued at about $8,250,411 in 2020 after becoming Chief Executive Officer. Please select at least one newsletter to subscribe. They also briefly discussed that funding in some form may be required to keep the shelter going. We should have had trainings. We told them we dont want to run the risk of working without trained people, he said. Bryan DeBoer, who became president of Lithia in 2006, helped steer the company through the downturn and positioned it to come out on the other end in much better shape. The old diner across the streetwhich is now the site of the modern.! 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