LKQ Corporation announced it appointed James S. Metcalf to its Board of Directors as a new independent director effective Dec. 11, as part of the board’s ongoing refreshment process.
The company also announced Dominick Zarcone decided not to stand for re-election and will retire from the board when his term expires in connection with the company’s 2025 Annual Meeting.
Following the 2025 Annual Meeting, the board will consist of 10 directors, nine of whom are independent.
“Our board is committed to active and ongoing refreshment to ensure it has the right mix of skills and experiences to provide effective oversight and guidance of the company’s strategy, with the goal of producing long-term value for its shareholders,” said Guhan Subramanian, chairman of LKQ. “To this end, we are excited to welcome Jim to LKQ’s board as a proven leader who brings significant experience as both a public company chief executive officer and board member. Jim’s leadership experience in business strategy and operational excellence will further enhance the depth, knowledge and skill sets represented on our board.
“Finally, on behalf of the board, I would also like to thank Nick for his leadership and invaluable contributions as an executive and director of LKQ, and we wish him the very best in his retirement from LKQ,” Subramanian concluded.
