Press release
LKQ Corporation Appoints Xavier Urbain to Board of Directors
Urbain Brings Significant Global Expertise in Supply Chain, Logistics and Operational Leadership CHICAGO, Dec. 11, 2019 (GLOBE NEWSWIRE) -- LKQ Corporation
About this update from Lkq Corporation
[{"type":"text","content":"Urbain Brings Significant Global Expertise in Supply Chain, Logistics and Operational Leadership\nCHICAGO, Dec. 11, 2019 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) (“LKQ” or the “Company”) today announced that it has appointed Xavier Urbain to its Board of Directors effective December 9, 2019.\n Mr. Urbain previously served as the Group Chief Executive Officer of Switzerland-based CEVA Logistics, a leading supply chain company that provides end-to-end design, implementation and operational solutions in freight and transportation management, contract logistics and distribution, until May 2019. CEVA Logistics runs a global network with facilities in over 160 countries and employs 58,000 people worldwide. “Xavier is a highly respected and seasoned executive and we are pleased to welcome him to the LKQ Board,” said Joseph M. Holsten, Chairman of LKQ Corporation. “He brings significant global supply chain and logistics experience and will provide expert advice for our European businesses and all of our operating segments. We conducted an extensive global search as part of our Board refreshment process to identify a director who would further strengthen our Board’s breadth of talent and background globally, and we are delighted to have identified such an outstanding individual.” Holsten continued, “Our board refreshment process has resulted in the addition of five new directors over the last 16 months who together bring important skills related to distribution and logistics, supply chain, automotive technology, international markets, corporate governance, operations and finance. Their collective expertise leading global companies, driving strategic vision, and executing with operational rigor will be important to LKQ as we execute on our objectives.” Dominick Zarcone, President and Chief Executive Officer of LKQ, noted, “We believe Xavier’s strong experience building a global business across both developed and emerging markets, will be extremely valuable to LKQ’s mission of being the leading global value-added distributor of vehicle parts and accessories. Xavier is a results-oriented leader with a proven track record of success in the global logistics industry and, alongside the recent addition of Patrick Berard to our Board, will be a tremendous resource as we continue to implement our “1 LKQ Europe” strategy.” On October 3, 2...