Lithia Motors Promotes Tina Miller to Chief Financial Officer

Lithia Motors, Inc. (NYSE: LAD) one of the nation’s largest providers of personal transportation solutions, announced today that Tina Miller has been promoted to Senior Vice-President, Chief Financial Officer.”Tina’s finance and accounting leadership and her talented teams have been instrumental in us achieving sector leading growth while maintaining low leverage,” said Bryan DeBoer, President and CEO of Lithia Motors.He added, “After a nationwide search, we are pleased to be able to promote from within our company and we welcome Tina’s perspectives to our senior management team.””Financial discipline is foundational to our unique growth strategy. Tina’s acute understanding of our capital philosophy, operating model, proprietary performance measurements and network optimization plans will help us accelerate our efforts to increase market share,” added Mr. DeBoer.Ms. Miller has held a variety of accounting, financial and audit leadership roles of increasing responsibility at Lithia for nearly 15 years. Most recently she served as Chief Accounting Officer and interim Principal Financial Officer. In this role, Ms. Miller will oversee the accounting, tax, corporate finance, financial planning & analysis, risk management and treasury functions.

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