LKQ Corporation Appoints James S. Metcalf as New Director

By Tamara Parker • Wednesday, December 11 15:18 • Permanent Link

LKQ Corporation (NASDAQ: LKQ) has announced the appointment of James S. Metcalf as a new independent director to its board of directors, effective December 11, 2024. This appointment is part of the company's ongoing board refreshment process. In addition, Dominick Zarcone has 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 ten directors, nine of whom are independent. Guhan Subramanian, Chairman of LKQ, has highlighted the board's commitment 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.

James S. Metcalf brings significant public company chief executive officer and board experience to LKQ Corporation. He previously served as Chairman and CEO of Cornerstone Building Brands, Inc. from 2018 until his retirement as CEO in September 2021 and as Chairman in March 2022. Prior to joining Cornerstone, he held various roles at USG Corporation, including serving as its President and CEO from January 2011 and its Chairman from December 2011 until his retirement in November 2016.

Metcalf is currently serving as a board member of Ferguson Enterprises Inc. (NYSE: FERG) and Gibraltar Industries, Inc. (NASDAQ: ROCK). He previously served on the boards of several formerly public companies, including Cornerstone Building Brands, Inc., NCI Building Systems, Inc., Tenneco Inc., USG Corporation, and Molex Inc. He holds a Master of Business Administration from Pepperdine University and a Bachelor of Arts in Criminal Justice and Pre-Law from The Ohio State University.

LKQ Corporation is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. The company has operations in North America, Europe, and Taiwan, offering customers a broad range of OEM recycled and aftermarket parts, replacement systems, components, equipment, and services to repair and accessorize automobiles, trucks, and recreational and performance vehicles. The market has reacted to these announcements by moving the company's shares -0.2% to a price of $38.62. For the full picture, make sure to review LKQ's 8-K report.

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