Lithia Motors 8-K 2012
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934
Date of Report: April 27, 2012
(Date of earliest event reported)
Lithia Motors, Inc.
(Exact Name of Registrant as Specified in Its Charter)
Registrant's Telephone Number, Including Area Code
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
As previously reported on Form 8-K (filed February 24, 2012), effective May 1, 2012, Bryan DeBoer became Chief Executive Officer of Lithia Motors, Inc., and Sid DeBoer, Founder and Chairman, assumed the role of Executive Chairman.
On April 27, 2012, Lithia Motors, Inc. held its annual meeting of shareholders with shareholders voting on the three matters described below. With respect to all matters, each share of Class B common stock has 10 votes. Each of the proposals received the requisite vote for approval.
Shareholders elected each of the seven nominees for director by the following vote:
Shareholders ratified the appointment of KPMG LLP as Independent Registered Public Accountants for the year ending December 31, 2012, by the following vote:
Shareholders approved, on an advisory basis, the 2011 compensation of our named executive officers as set forth in the proxy statement for the 2012 annual meeting by the following vote:
On May 1, 2012, Lithia Motors, Inc. issued a press release announcing the acquisition of Jerry Chambers Chevrolet Cadillac, Bellingham, Washington. A copy of the press release is attached as Exhibit 99.1.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.