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The latest announcement is out from Lithia Motors (LAD).
Lithia Motors, Inc. is set to bolster its executive team with Adam Chamberlain stepping up as the new Executive Vice President and Chief Operating Officer (COO) starting August 1, 2024, bringing over 25 years of automotive industry know-how to the role. Chamberlain’s mission will be to enhance profitability and customer experience across the company, leveraging his successful track record in leading the eastern region. Meanwhile, Christopher Holzshu remains Executive Vice President, focusing on fostering corporate partnerships and development. This strategic move aligns with Lithia Motors’ ongoing commitment to exceptional performance and growth within the automotive sector.
For an in-depth examination of LAD stock, go to TipRanks’ Stock Analysis page.