LKQ
Auto Parts · Consumer Cyclical
CFO, CEO
2022-09-15–present
CFO
Lkq Corp (LKQ)CEO
Lkq Corp (LKQ)Equibles does not estimate personal net worth.
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Get LKQ alertsVarun Laroyia is recorded as CEO at Lkq Corp (LKQ) since September 15, 2022 and CFO at Lkq Corp (LKQ). Lkq Corp reported in an 8-K filed December 4, 2023 that Varun Laroyia resigned as Executive Vice President of LKQ Corporation and Chief Executive Officer and Managing Director of LKQ Europe, effective December 31, 2023. Lkq Corp reported in an 8-K filed September 20, 2022 that Varun Laroyia was appointed Chief Executive Officer and Managing Director of LKQ Europe, effective September 15, 2022. The proxy statement of Lkq Corp reports total compensation of $4,817,838 for Varun Laroyia in fiscal 2023, including a base salary of $826,274. Disclosed compensation is on record for 6 fiscal years. Varun Laroyia has spoken on 10 earnings calls across 1 company, most recently for Lkq Corp on October 27, 2022. Lkq Corp is classified in the Auto Parts industry within the Consumer Cyclical sector. Other leadership on record at Lkq Corp includes Salvatore A. Abbate (CEO and Board Member), John Mendel (Chairman), Justin Jude (COO) and 7 others.
“On November 30, 2023, Varun Laroyia, currently an Executive Vice President of LKQ Corporation (the "Company") and Chief Executive Officer and Managing Director of LKQ Europe, informed the Company's Board of Directors (the "Board") of his intention to resign from these positions with the Company effective December 31, 2023.”
“Varun Laroyia, Executive Vice President and Chief Financial Officer, has been appointed as Chief Executive Officer and Managing Director of LKQ Europe.”
“Appreciate that introduction and the overview of the North America wholesale and self-service segments performance. Let's move to the earnings deck. Europe delivered an 11.3% EBITDA margin for the quarter, down 20 basis points from the prior year period.”
“I'm excited to be able to report that we carried the momentum generated by our operational excellence initiatives through the second quarter and produced another strong set of financial results.”
“While I’m excited to present another strong set of financial results and will cover the details on the quarter shortly, I want to begin with comments on a very eventful start to 2022.”
“Before I go into details on the fourth quarter, I'd like to spend a moment to reflect on the last two years operating in the pandemic.”
“Our third quarter results reflect continued evidence of the benefits of the operational excellence initiatives we instituted a few years ago. Record profitability and continued robust free cash flow just don't happen by accident.”
2022-09-15–present
SEC 8-K
2022-09-15–2023-12-31
LKQ
Auto Parts · Consumer Cyclical
CFO, CEO
2022-09-15–present
Compensation components disclosed in company proxy statements. Amounts are nominal USD; total is the company-reported figure.
| Fiscal year | Company | Role | Salary | Total |
|---|---|---|---|---|
| 2023 | Lkq Corp (LKQ) | EVP and CEO and Managing Director, LKQ Europe | $826,274 | $4,817,838 |
| 2022 | Lkq Corp (LKQ) | EVP and CEO and Managing Director, LKQ Europe | $792,438 | $6,130,684 |
| 2021 | Lkq Corp (LKQ) | EVP and CEO and Managing Director, LKQ Europe | $764,904 | $3,994,352 |
| 2020 | Lkq Corp (LKQ) | EVP and CEO and Managing Director, LKQ Europe | $624,631 | $3,298,809 |
| 2019 | Lkq Corp (LKQ) | Executive Vice President and Chief Financial Officer | $554,808 | $2,753,035 |
| 2018 | Lkq Corp (LKQ) | Executive Vice President and Chief Financial Officer | $500,000 | $1,898,177 |