secwatch.observer — SEC 8-K summary
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Issuer:     LKQ CORP (LKQ)
CIK:        0001065696
Form:       8-K
Filed at:   2023-11-27T23:59:59+00:00
Accession:  0001065696-23-000110
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065696/000106569623000110/0001065696-23-000110-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065696/000106569623000110/lkq-20231121.htm
  HTML page:      https://secwatch.observer/filing/0001065696-23-000110

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