Home The retiring founder of an auto dealer will get $1 million a year for the rest of his life
 

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The retiring founder of an auto dealer will get $1 million a year for the rest of his life

2015-09-18 23:37:32| Auto Dealers - Topix.net

Sidney DeBoer, executive chairman of auto dealer Lithia Motors in Medford, Oregon, is retiring at the end of the year. But DeBoer will still get paid $1.05 million a year for the rest of his life, paid in $252,600 quarterly cash installments.

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