The latest announcement is out from LKQ (LKQ).
LKQ Corporation has announced an executive shift, with Dominick Zarcone retiring as President and CEO on June 30, 2024, and taking on the role of Executive Advisor until the end of the year to ensure a smooth transition. His compensation remains unchanged. Justin Jude, previously the Executive Vice President and COO, will succeed Zarcone as President and CEO, with a base salary of $1 million and a variable bonus structure. Jude’s appointment is based solely on merit, without any familial ties or undisclosed transactions influencing the decision.
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