8-K filed November 27, 2023, 6:59 PM ET ticker LKQ CIK 0001065696

leadership confidence high sentiment neutral materiality 0.65

Dominick Zarcone to retire as LKQ CEO by June 30, 2024; Justin Jude named successor

LKQ CORP

Zarcone retires as President/CEO effective June 30, 2024; will serve as Executive Advisor through Dec 31, 2024.
Justin Jude appointed EVP & COO from Jan 1, 2024, succeeding Zarcone as President/CEO on July 1, 2024.
Jude receives $800k base salary for COO role; bonus at 50%/100%/200% of base at threshold/target/max.
Zarcone remains on LKQ Board; both are expected to be nominated at May 2024 annual meeting.
Board cites Jude's nearly 20-year tenure and operational improvements in Wholesale–North America segment.

item 5.02 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Dominick Zarcone

President and Chief Executive Officer

LKQ · LKQ CORP

Effective: 2024-06-30
Successor: Justin Jude
Filed: November 27, 2023, 6:59 PM ET

Dominick Zarcone will retire as the Company’s President and Chief Executive Officer effective June 30, 2024.

Appointed

Dominick Zarcone

Executive Advisor

LKQ · LKQ CORP

Effective: 2024-07-01
Filed: November 27, 2023, 6:59 PM ET

Mr. Zarcone will transition to a position as an executive officer of the Company with the title of Executive Advisor in order to facilitate an orderly chief executive officer transition and will serve in such capacity from July 1, 2024 through December 31, 2024.

Appointed

Justin Jude

President and Chief Executive Officer

LKQ · LKQ CORP

Effective: 2024-07-01
Filed: November 27, 2023, 6:59 PM ET

Effective July 1, 2024, Mr. Jude will be appointed President and Chief Executive Officer of the Company.

Appointed

Justin Jude

Executive Vice President and Chief Operating Officer

LKQ · LKQ CORP

Effective: 2024-01-01
Filed: November 27, 2023, 6:59 PM ET

Effective January 1, 2024, Justin Jude, age 48, currently the Company’s Senior Vice President and President of its Wholesale – North America segment, will become the Company’s Executive Vice President and Chief Operating Officer and will serve in such capacity through June 30, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Dominick Zarcone departed as President and Chief Executive Officer at LKQ CORP.

Action: retire
Role: President and Chief Executive Officer

Exact text from the filing

Dominick Zarcone will retire as the Company’s President and Chief Executive Officer effective June 30, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Dominick Zarcone was appointed as Executive Advisor at LKQ CORP.

Action: appointed
Role: Executive Advisor

Exact text from the filing

Mr. Zarcone will transition to a position as an executive officer of the Company with the title of Executive Advisor in order to facilitate an orderly chief executive officer transition and will serve in such capacity from July 1, 2024 through December 31, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Justin Jude was appointed as President and Chief Executive Officer at LKQ CORP.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

Effective July 1, 2024, Mr. Jude will be appointed President and Chief Executive Officer of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Justin Jude was appointed as Executive Vice President and Chief Operating Officer at LKQ CORP.

Action: appointed
Role: Executive Vice President and Chief Operating Officer

Exact text from the filing

Effective January 1, 2024, Justin Jude, age 48, currently the Company’s Senior Vice President and President of its Wholesale – North America segment, will become the Company’s Executive Vice President and Chief Operating Officer and will serve in such capacity through June 30, 2024.

View on SEC.gov

LKQ CORP filing history →

Source: SEC EDGAR

accession 0001065696-23-000110

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