Charlie Hughes, Past President and CEO of Mazda North America Joins Lithia Motors Board of Directors.MEDFORD, Ore. -- Lithia lith·i·a n. See lithium oxide. [New Latin, from lithion, from Greek, diminutive of lithos, stone.] Motors (NYSE NYSE See: New York Stock Exchange :LAD) today announced the appointment of Charles R. Hughes to its Board of Directors. Mr. Hughes joins the Company as the former President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Mazda North America Operations from 2000 -- 2003. Prior to that, Mr. Hughes served as Founder, President and CEO of Land Rover North America, BMW BMW in full Bayerische Motoren Werke AG German automaker. Founded as an aircraft engine manufacturer in 1916, the company assumed the name Bayerische Motoren Werke and became known for its high-speed motorcycles in the 1920s. Group from 1986 until 1999 where he helped build the Range Rover of North America organization into a billion dollar sales operation. He has worked at various levels for Volkswagen of North America from 1979 -- 1986, and has prior experience with the auto industry dating back to 1969. Mr. Hughes recently joined the Board of Advisors of Mooney Aircraft Company, Inc, and Nerium Biotechnology, Inc. He earned his M.B.A. in Marketing from Simon School of Business, University of Rochester The University of Rochester (UR) is a private, coeducational and nonsectarian research university located in Rochester, New York. The university is one of 62 elected members of the Association of American Universities. in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , and a Bachelor of Arts in History from Lafayette College in Pennsylvania. In 2006, Mr. Hughes co-authored the book, Branding Iron: Branding Lessons from the Meltdown of the U.S. Auto Industry, to much critical acclaim. He is the founder of Brand Rules, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a consulting consortium that guides companies to shape and sustain successful brands. Lithia's Chairman and CEO, Sid DeBoer commented, "Mr. Hughes is a creative, motivating force in the world of the automobile industry. He will bring terrific vision and candor to our company. We are all eager to work with Mr. Hughes in the years to come." About Lithia Lithia Motors, Inc. is a Fortune 700 Company, selling 28 brands of new and all brands of used vehicles at 107 stores, which are located in 46 markets within 15 states. Internet sales are centralized at www.Lithia.com, or through www.L2Auto.com. Lithia also sells used vehicles; arranges finance, warranty, and credit insurance contracts; and provides vehicle parts, maintenance, and repair services at all of its locations. Lithia retailed 105,108 new and used vehicles and had $3.22 billion in total revenue in 2007. Additional Information For additional information on Lithia Motors, contact the Investor Relations Department: 541-618-5770 or log-on to: www.lithia.com -- go to Investor Relations. |
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