LKQ Corporation has appointed Andrew Clarke to its board of directors, effective July 22, 2024. With this addition, the board now consists of ten members, eight of whom are independent. Mr. Clarke brings over 20 years of executive, operational, and financial experience in global transportation and logistics industries.
Prior to joining the board, Mr. Clarke served as the Chief Financial Officer at C.H. Robinson, the largest freight broker in the U.S., from 2015 to 2019. During his tenure, he contributed to the company achieving total revenue growth of $3 billion and returning $2 billion to shareholders.
Furthermore, Mr. Clarke has held significant executive roles in companies such as Panther Expedited Services, Inc. and Forward Air Corporation. He currently serves on the board of Element Fleet Management, a TSX-listed global leader in the fleet management industry.
Guhan Subramanian, Chairman of LKQ Corporation, expressed the board's delight in welcoming Mr. Clarke, emphasizing the extensive global search conducted to identify a director who would enhance the board's financial and operational talent.
Mr. Clarke also shared his enthusiasm, stating, "I look forward to contributing my expertise as the board oversees the LKQ leadership team’s work to implement the company’s strategic priorities, drive sustained growth, and create long-term shareholder value."
LKQ Corporation is a leading provider of alternative and specialty parts for automobiles and other vehicles, with operations in North America, Europe, and Taiwan. The company offers a broad range of OEM recycled and aftermarket parts, replacement systems, components, equipment, and services to repair and accessorize various vehicles. Today the company's shares have moved 0.4% to a price of $45.25. Check out the company's full 8-K submission here.
