- Adam Chamberlain to step down as COO of Lithia & Driveway (LAD, Financial) on June 1, 2025, to become CEO of Mercedes-Benz USA.
- Regional Presidents and Vice Presidents of LAD will report directly to CEO Bryan DeBoer.
- LAD emphasizes its 'Growth Powered by People' mission to maintain robust operational leadership.
Lithia & Driveway (LAD) has announced that Adam Chamberlain, the company's Executive Vice President and Chief Operating Officer, will transition from his current role effective June 1, 2025. Chamberlain will be taking on the role of CEO at Mercedes-Benz USA, marking a significant leadership change for both companies.
CEO Bryan DeBoer of Lithia & Driveway acknowledged the substantial contributions of Chamberlain in fortifying operations, driving growth, and advancing the company's strategic initiatives. Under Chamberlain's leadership, LAD has seen enhanced operations and broadened its customer base. DeBoer remarked that this transition highlights a new chapter in the long-standing partnership between Lithia & Driveway and Mercedes-Benz.
Post-transition, the Regional Presidents and Regional Vice Presidents of LAD will report directly to CEO Bryan DeBoer. The company assures stakeholders of continued momentum, drawing from a robust pool of talented operational leaders. The 'Growth Powered by People' mission of LAD underscores its commitment to maintaining high operational velocity and executing its strategy effectively.
As the largest global automotive retailer, Lithia & Driveway (LAD, Financial) continues to offer a plethora of products and services across the vehicle ownership lifecycle, leveraging its expansive network and innovative platforms to modernize transportation solutions according to consumer demands.
