LKQ Corporation Appoints New Chief Financial Officer
September 05 2017 - 9:00AM
LKQ Corporation (Nasdaq:LKQ) has appointed Varun Laroyia as
Executive Vice President and Chief Financial Officer, effective
October 1, 2017. Mr. Laroyia brings an extensive array of diverse
financial experience to LKQ, including a background with global
public companies in corporate finance, operations management,
systems, and mergers and acquisitions.
Mr. Laroyia has been the Chief Financial Officer
of CBRE’s Global Workplace Solutions (GWS) business since 2015,
following CBRE’s acquisition of the GWS business from Johnson
Controls Inc. (“JCI”), where he was the Chief Financial Officer and
Vice President of Information Technology since 2013. CBRE's GWS
business is a multi-billion-dollar full service real estate
outsourcing firm with 40,000 employees in 50 countries. From 2006
to 2013, Mr. Laroyia held various positions at JCI including Group
Vice President of Global Audit and Vice President of Finance and
Administration for its Building Efficiency business across Europe
and Africa. From 2000 to 2006, Mr. Laroyia held various positions
at Gateway, Inc., including Vice President and Controller based in
the U.S. and Finance Director for the United Kingdom and Ireland.
Prior to Gateway, he was with General Electric in the U.S. and then
GE Capital in London where he served as a Manager of European
Corporate Development. Mr. Laroyia started his career at KPMG in
London.
"Varun is an accomplished executive with
significant global financial and operational expertise, and I’m
thrilled to welcome him to LKQ,” stated Dominick Zarcone, President
and Chief Executive Officer of LKQ Corporation. “Varun will be an
outstanding addition to LKQ's unique people culture and will be a
key partner in the execution of our growth strategies across all of
our business segments.”
“I have tremendous respect for LKQ’s global
presence and market position, and I am excited to join a company
that is successfully delivering on its mission of being the leading
value-added distributor of vehicle parts and accessories,” said
Laroyia. “I look forward to continuing LKQ’s commitment to its core
values, and financial and operational discipline, and am honored to
be part of the team as we collectively implement the Company’s
long-term growth strategy.”
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 replacement systems, components, equipment and parts to
repair and accessorize automobiles, trucks, and recreational and
performance vehicles.
Joseph P. Boutross
LKQ Corporation
Director, Investor Relations
(312) 621-2793
jpboutross@lkqcorp.com
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