Changing of the guard at LKQ

Published:  22 September, 2022

A new CEO and M.D for ECP parent LKQ Europe has been appointed.

Executive Vice President and Chief Financial Officer Varun Laroyia is taking on the role, succeeding Arnd Franz who is leaving to join Mahle as CEO, where he spent 18 years prior to joining LKQ Europe.

Commenting on the appointment of Varun Laroyia, LKQ Corporation President and CEO Dominick Zarcone said: “With his tremendous leadership and knowledge of the company and our European markets, I am thrilled that Varun is taking this role.”
Varun Laroyia commented, “I am excited by the opportunity to take on the role of CEO of LKQ Europe and lead the largest distributor of automotive mechanical parts in Europe.”

Andy Hamilton, CEO of LKQ Euro Car Parts in the UK and Republic of Ireland, added: “Our efforts to integrate our UK, Irish and European businesses over the past couple of years have made us stronger – and in doing so, we’re making our customers stronger, too. We have unrivalled scale, experience, capability and buying power, which puts us in a unique position when it comes to representing the best interests of the independent workshop with suppliers and decision makers. We continue to be committed to offering a market-leading customer experience, and I look forward to building on this with Varun and the European team.”

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