CHICAGO – LKQ Corporation (Nasdaq: LKQ) previously announced that Justin Jude, the company’s current Senior Vice President and President of its Wholesale – North America segment, has been appointed to serve as LKQ’s Executive Vice President and Chief Operating Officer from Jan. 1, 2024 until he officially succeeds Dominick Zarcone as President and Chief Executive Officer of LKQ on July 1, 2024. Today, the company is announcing two additional leadership appointments.
LKQ Corporation is the parent company of Keystone Automtoive and its NTP-STAG RV aftermarket parts and accessories distribution division.
First, the company’s Board of Directors has appointed John Meyne, currently the East Division Vice President of LKQ’s Wholesale – North America segment, to serve as Senior Vice President of LKQ and President of Wholesale – North America effective Jan. 1, 2024. Jude stated, “John has been instrumental in the success of our Wholesale – North American business growth and profit transformation. He embodies the LKQ culture and will do exceptionally well leading our Wholesale – North America team.”
Additionally, the board has appointed Andy Hamilton, currently the Chief Executive Officer of LKQ’s Euro Car Parts business in the United Kingdom and Republic of Ireland, to serve as Senior Vice President of LKQ and President and Managing Director of LKQ Europe effective Jan. 1, 2024. Zarcone commented, “Andy’s extensive experience, including several years as our pan European Chief Commercial Officer and then as CEO of our largest and most profitable European operation, makes him a natural selection to lead our European team.”
Hamilton will be succeeding Varun Laroyia, Executive Vice President of LKQ and Chief Executive Officer and Managing Director of LKQ Europe. Laroyia has informed the board of his intention to resign from his current positions effective Dec. 31, 2023. To ensure a smooth transition, Laroyia will serve as a special advisor to Hamilton in 2024. “Varun has been a trusted partner and integral to LKQ’s success during the past six years, and I would like to thank him for his dedication to the Company, his significant contributions, and his assistance with the transition,” noted Zarcone. “The ability to fill both these key segment leadership roles with internal candidates both demonstrates the depth and breadth of our leadership team and helps to ensure a seamless transition.”
About LKQ Corporation
LKQ Corporation (www.lkqcorp.com) is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ has operations in North America, Europe and Taiwan. LKQ offers its customers a broad range of OEM recycled and aftermarket parts, replacement systems, components, equipment, and services to repair and accessorize automobiles, trucks, and recreational and performance vehicles.