Lithia Motors CEO Bryan DeBoer's 2018 pay slips 7% to $5.5M
Lithia Motors reports 2018 executive compensation
By ExecPay News
Published: March 11, 2019
Lithia Motors reported fiscal year 2018 executive compensation information on March 11, 2019.
In 2018, five executives at Lithia Motors received on average a compensation package of $2.3M, a 5% decrease compared to previous year.
Bryan B. DeBoer, Chief Executive Officer, received $5.5M in total, which decreased by 7% compared to 2017. 52% of DeBoer's compensation, or $2.8M, was in stock awards. DeBoer also received $22K of change in pension value and nonqualified deferred compensation earnings, $1.5M in non-equity incentive plan, $1M in salary, as well as $48K in other compensation.
Christopher S. Holzshu, Executive Vice President, received a compensation package of $2.2M, which decreased by 6% compared to previous year. 44% of the compensation package, or $967K, was in stock awards.
John F. North III, Chief Financial Officer, earned $1.6M in 2018, a 9% increase compared to previous year.
Scott A. Hillier, Senior Vice President of Operations, received $1.4M in 2018, which decreases by 5% compared to 2017.
George C. Liang, Senior Vice President of Operations, earned $956K in 2018, a 11% decrease compared to previous year.