LITHIA & DRIVEWAY (LAD) NAMES NEW SENIOR VICE PRESIDENT AND CHIEF PEOPLE OFFICER

Rhea-AI Summary

Lithia & Driveway (NYSE: LAD) has appointed Gary Glandon as Senior Vice President and Chief People Officer, responsible for all human resources functions. Glandon aims to foster a company culture that attracts and develops talent, aligning with the company's goal of reaching $50 billion in revenue and over $55 in EPS by 2025. With over 20 years of HR experience, including leadership roles at Glandon Partners and Rogers Corporation, Glandon is set to enhance LAD's workforce strategy.

Positive

• Appointment of Gary Glandon as CPO to strengthen HR leadership.
• Focus on building a strong company culture to support growth targets.

Negative

• None.

MEDFORD, Ore., Oct. 18, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced today that Gary Glandon has been named Senior Vice President and Chief People Officer. As CPO, Glandon will continue to be responsible for leading all human resources functions and ensuring the company continues to build a culture that attracts, engages, and develops the best teams to support their 2025 Plan to achieve $50 billion in revenue and more than $55 in EPS.

"Since Gary joined LAD in February of 2021, he has been a consistent champion for our mission, Growth Powered by People," said Bryan DeBoer, LAD President & CEO. "As we continue to expand our people focus, human development is core to our 2025 Plan."

Glandon has more than 20 years' experience as Human Resource and Environmental Health and Safety executive. Most recently, he was President and CEO of Glandon Partners, an international HR consulting and Executive Coaching practice. Prior to establishing his own company, Gary was SVP and CHRO of Rogers Corporation, an international specialty materials business supplying advanced materials to the communications and auto industries.

About Lithia & Driveway (LAD)

LAD is a growth company focused on profitably consolidating the largest retail sector in North America through providing personal transportation solutions wherever, whenever, and however consumers desire.

Sites
www.lithia.com
www.investors.lithiadriveway.com
www.lithiacareers.com
www.driveway.com
www.greencars.com
www.drivewayfinancecorp.com

Lithia & Driveway on Facebook
https://www.facebook.com/LithiaMotors
https://www.facebook.com/DrivewayHQ

Lithia & Driveway on Twitter
https://twitter.com/lithiamotors
https://twitter.com/DrivewayHQ
https://twitter.com/GreenCarsHQ

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SOURCE Lithia Motors, Inc.

FAQ

Who is the new Chief People Officer of Lithia & Driveway (LAD)?

Gary Glandon has been appointed as the new Chief People Officer of Lithia & Driveway.

What are Lithia & Driveway's revenue targets for 2025?

Lithia & Driveway aims to achieve $50 billion in revenue by 2025.

What experience does Gary Glandon bring to Lithia & Driveway (LAD)?

Gary Glandon has over 20 years of experience in human resources, including leadership roles at Glandon Partners and Rogers Corporation.

When was Gary Glandon appointed as CPO of Lithia & Driveway (LAD)?

Gary Glandon was named Senior Vice President and Chief People Officer on October 18, 2022.

What is Lithia & Driveway's mission related to people development?

Lithia & Driveway's mission emphasizes 'Growth Powered by People,' focusing on human development.