September 22nd 2022

LKQ Corporation announces new leadership appointments

LKQ Corporation—the Chicago, Illinois-based provider of specialty automotive parts and the parent company of Keystone Automotive—has announced new leadership appointments. 

Varun Laroyia, formerly executive vice president and chief financial officer (CFO), has been appointed as CEO and managing director of LKQ Europe. He succeeds Arnd Franz, who has joined MAHLE as CEO.

Prior to joining LKQ in 2017, Laroyia served in various roles at CBRE’s Global Workplace Solutions (GWS) business, Gateway, General Electric, and KPMG in Europe and North America. 

In addition, Rick Galloway has been appointed as LKQ’s senior vice president and CFO. He was formerly the CFO for LKQ’s Wholesale division, first joining in 2019. Prior, he held various positions with Alcoa Corporation, including CFO of its Engineered Products and Solutions division.  

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