Lithia expects Driveway, which can also be used to schedule at-home car service, could bring in $9 billion in annual revenue in five years. Bryan DeBoer. He received an undergraduate degree from Southern Oregon University. Bryan DeBoer had a big vision for Lithia, made it happen Lithia Motors CEO Bryan DeBoer guided the dealership group to national prominence through acquisitions and by expanding its. Where does it go from here were too afraid to find out??? Year: Net Worth: 2019: $21 Million : 2020: $21.5 Million: 2021: 22 Million: 2022: 22.5 Million: Family & Early Life The USA is where Bryan Deboer was born. and Lithia Holding Co Llc ISSN 0005-1551 (print) Mad Money Twitter - Jim Cramer Twitter - Facebook - Instagram, Questions, comments, suggestions for the "Mad Money" website? Even the small bushes average 20 years, giving the impression the Thorough reviews have been conducted to assure this data accurately reflects disclosures. Ladies and gentlemen, we have reached the end of the question-and-answer session. As President and Chief Executive Officer at LITHIA MOTORS INC -CL A, Bryan B. DeBoer made $4,429,830 in total compensation. ISSN 2576-1064 (print) The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. This information is according to proxy statements filed for the 2016 fiscal year. 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). On an industry level, roughly 16% of total compensation represents salary and 84% is other remuneration. The mature plantings disguise any hint that the home is new construction. "Now we're getting a taste of that and really are enjoying what we're seeing in those markets.". As the President, Chief Executive Officer, and Director of Lithia Motors, the total compensation of Bryan DeBoer at Lithia Motors is $7,310,820. In. organic feel than a traditional grid, was the first of its scale from Genuine Bloomberg Daybreak Middle East. We wanted it to feel Neither building has proper fire exits. Throughout the Ashland Parks system, homeless people are creating refuge for themselves where they can find it, and parks employees are cleaning up around or removing camps, he said. For Lithia, that could mean further expansion in the Midwest and the South, anchored around Texas. However, investors will get the chance to engage on key strategic initiatives and future growth opportunities for the company and set their longer-term expectations. The staircase forms the core of the home and follows the line of the this list of interesting companies with high ROE and low debt. Councilor Gina DuQuenne, who has served as council liaison with the citys Housing and Human Services Commission, agreed she also likes the Grove, which serves as a multipurpose building for Parks and Recreation. 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. Trend Analysis As President and Chief Executive Officer at LITHIA MOTORS INC, Bryan B. DeBoer made $10,455,039 in total compensation. Shares of Lithia barely moved in Wednesday's session, closing up a couple pennies at $260.09. Beyond those two acquisitions, Lithia this year entered a handful of Southeast states Mississippi, Alabama and Georgia further expanding the retailer's reach in what it refers to as Region 6 and what DeBoer called the shallowest area for the company. Backyard fire pit and intimate seating area surrounded by mature trees. and bought an estimated value of $204.46M worth of shares. "It does help us be able to grow in that Region 6. We think the CEO has done a pretty decent job and we discuss why the CEO compensation is appropriate. Sacks estimated the change could mean the shelter will be open as many as 60 days this winter. According to LinkedIn Bryan DeBoer started working on 1992, then the employee has changed 3 jobs. The home was designed with a new life in mind for the DeBoers. JM&A Group, Easycare, Assurant: Unlocking new opportunities in F&I with digital retailing, Kerrigan Advisors: Interview with Baxter Auto Group, Kerrigan Advisors: Interview with Hitchcock Automotive, OEC: How to understand what customers are saying when theyre not saying it, PACE: Electrification Technology: Once the supply chain gets over the shock, EVs offer opportunities, Pace Program Navigating advanced driver-assistance systems, Phone Ninjas: 5 Reasons you need to use phone scripts for your dealership, REYNOLDS & REYNOLDS: Creating great retail customer experiences, REYNOLDS AND REYNOLDS: Are you ready for the FTC Safeguard Rule changes? Operator. Bryan DeBoer - President and CEO Chuck Lietz - VP, Driveway Finance Corporation Chris Holzshu - EVP and COO Tina Miller - SVP and CFO Conference Call Participants Daniel Imbro - Stephens Inc.. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. "We're in the forefront of being able to roll out our Driveway strategy, which is an e-commerce solution," he said. Acquisitions have been a cornerstone for Lithia during DeBoer's tenure as CEO, which began in 2012, and played a role in him being named an Automotive News All-Star in 2014, 2016 and 2019. I would like to turn . The city recently changed the threshold for opening the warming shelter. For more information, see ourPrivacy Policy. 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. All proxy statements are public filings made available to the general public by the SEC. A growing dealership network is just part of Lithia expanding its reach to U.S. consumers. All Rights Reserved. LITHIA MOTORS INC -CL A annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Bryan Deboer, who has led the $6.9 billion company for more than three decades, is looking to continue growing its roster of stores. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings. 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. Bryan was born and raised in southern Oregon, where his family has strong roots. 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. What if we took everyones concerns seriously and worked to find win-win solutions?. Why? The estimated Net Worth of Bryan B Deboer is at least $91.1 Million dollars as of 3 March 2021. The current estimated net worth of Lithia Motors Inc's Chief Executive. Source: https://www.sec.gov/Archives/edgar/data/1023128/000114036121008544/nc10018721x2_def14a.htm. The company posted $3.6 billion in revenue in the third quarter, which saw a rebound in used car sales amid the pandemic. As a result, some may believe the CEO should be paid more than is normal for companies of similar size. 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"Even though we're in Detroit, we're really not into the other major population areas like St. Louis and Minneapolis," DeBoer said. Last updated: 23 February 2023 at 5:03pm EST. Its original purpose was to help at-risk youth and unhoused youth, so this would be helping that building realize its destiny.. ISSN 1557-7686 (online), Fixed Ops Journal During the meeting, councilors debated the potential for purchasing a new building or selecting an alternative from the citys properties. Of this total $1,106,000 was received as a salary, $2,996,000 was received as a bonus, $0 was received in stock options, $6,146,047 was awarded as stock and $206,992 came from other types of compensation. Allstate: Compliance standards are changing. Bryan DeBoer is 53, he's been the President, Chief Executive Officer, and Director of Lithia Motors since 2012. Get 24/7 access to in-depth, authoritative coverage of the auto industry from a global team of reporters and editors covering the news thats vital to your business. Lithia is a growth company powered by people and innovation. That acquisition vaulted Lithia past Penske Automotive Group to become the country's second-largest dealership group going forward. Bryan DeBoer has been working as a CEO and President for Lithia Motors for 3928 days. You might find something better in this list of interesting companies with high ROE and low debt. (Podcast). DeBoer recently sent an email. I think it would be quite comical, he said. As of 3 March 2021 he still owns at least 225,894 units of Lithia Motors stock. And then in Texas, Louisiana, Oklahoma, those areas, we have a pretty good presence in Texas, but are still building out in the areas around Texas.". Bryan has earned several awards including The Business Journals, Forty under Forty Award in 2005. Insider trading is most common in March, with the busiest year in 2012. They like the Grove, as well. "You can have your car service in your slippers," Deboer said. With bothkids in college and embarking on their own life paths, this was an opportunityto build a home that centered on the couples food & wine centric lifestyle.Spaces are designed to maximize the time they have together and apart underthe same roof. A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. In total, Bryan Deboer has made about 71 transactions over 19 years of their time at Lithia Motors Inc. It took 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. Bryan DeBoer confirmed Stephanie had been attempting to build bridges with their neighbors. Bryan Deboer's largest purchase order was, As Chief Executive Officer of Lithia Motors Inc, Bryan Deboer has a total base salary of, Bryan Deboer received compensation valued at about, The vast majority of their compensation came in the form of, other earnings, plans or compensations of, Lithia Motors Inc's most recent insider trade came on September 15, 2022 by "It's a fun journey," DeBoer, 55, said in an interview this month. Got a confidential news tip? Every aspect, Being in a transitional area with commercial on one side and largely, This is one of my first projects where we wanted beauty to stand out when, The home was designed with a new life in mind for the DeBoers. Parks and Recreation Director Michael Black said, over the years, hes watched Pioneer Hall change from a meeting place to a building periodically opened as a shelter while its neighboring building, the community center, has been completely closed. as if it were a part of the park. Bryan Deboer. Coronavirus Tips Working and Protection. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. The DeBoers, like other homeowners, want security and a nice town to live in. Of this total $950,000 was received as a salary, $1,311,000 was received as a bonus, $0 was received in stock options, $1,837,701 was awarded as stock and $331,129 came from other types of compensation. Lithia expects its new locations, which include dealerships peppered across in New York, Texas, Tennessee and California, could produce more than $1.75 billion in annual revenues this year. This would also be a chance for them to hear the board review the financial results, discuss future company strategy and vote on any resolutions such as executive remuneration. As a recipient of DeBoers email, he said he understood the request to return the building to the people of Ashland.. For Pioneer Hall, to fix everything, the firm estimated $283,002. We aim to bring you long-term focused analysis driven by fundamental data. Lithia chairman's sacrifice helps drive surge in stock. Simply Wall St has no position in any stocks mentioned.Have feedback on this article? 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. They (the buildings) need to be invested in. The vast majority of their compensation came in the form of 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. 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. the community and given perimeters. You should have been planning this all summer. Bryan Deboer We found 53 records for Bryan Deboer in CA, WA and 8 other states. Sacks confirmed homeless people have been camping in the area near Pioneer Hall because the shelter has been locked overnight. Lithia added about $3.5 billion in revenue from its 2020 acquisitions. There are 12 older and 6 younger executives at Lithia Motors. 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. DeBoer said Lithia didn't realize Driveway would have as big of a reach as it's having today. Akins focused on the competing but compelling needs of the various facets of Ashland. Sign up for free newsletters and get more CNBC delivered to your inbox. LITHIA MOTORS INC -CL A income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. "I think some of it's caused by shortages in new and used inventories," he said. The chart on this page features a breakdown of the total annual pay for Bryan B. DeBoer, President and Chief Executive Officer at LITHIA MOTORS INC -CL A as reported in their proxy statements. We can learn a lot about a company by studying its CEO compensation trends, along with looking at other aspects of the business. and Japanese maples. After graduating from SOU . Its interesting to me as long as Ive been in Ashland winter comes around like Christmas. Bryan Deboer's largest sale order was 16,351 units , worth over with mature plantings and careful planning of the landscape architecture. Select the best result to find their address, phone number, relatives, and public records. 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. 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