People News: Changes at LKQ as CEO Arnd Franz leaves for Mahle

Arnd Franz, CEO of LKQ Europe since 2019 is leaving to return to Mahle, a company which he had previously held Director-level positions in since 2001.

Although CEO for a relatively short amount of time, Franz was the architect of the ‘One LKQ’ strategy which merged numerous systems, buying patterns and brand identities into a handful of common styles.

Arnd Franz (File photo)

Succeeding Franz is Varun Laroyia, the current CFO of the U.S business, Laroyia’s new title will encompass both the CEO and Managing Director of LKQ Europe. Prior to joining LKQ he spend over nine years in senior positions at Johnson Controls, owner of Varta among other brands. 


READ: New corporate branding for LKQ Europe

Varun Laroyia

Rick Galloway, Chief Financial Officer of LKQ’s Wholesale – North America and Self Service segments, replaces Laroyia as LKQ’s Senior Vice President and Chief Financial Officer. 

In the UK, LKQ Euro Car Parts’ CEO Andy Hamilton has welcomed the moves, saying: “We continue to be committed to offering a market-leading customer experience, and I look forward to building on this with Varun and the European team.”

Published by Greg Whitaker

Editor of CAT Magazine and an experienced motoring journalist @GregWhitaker5

Latest Factor & Accessory

View all Factor & Accessory articles

GSF opens 10,000 sq ft Birmingham branch; Crawley, Southgate to follow

Located close to Birmingham city centre, it features a fleet of five vans, two bikes, and two electric Tuk Tuk-style bikes

Read More

GSF Car Parts to open national distribution hub

Wolverhampton-based centre makes the firm “a formidable national player in the automotive parts industry”

Read More

LKQ Euro Car Parts signs exclusivity deal with RAC

The four-year deal will see LKQ exclusively supply the rapidly expanding RAC Mobile Mechanics service

Read More

Juratek awarded Premier Data Supplier status by TecDoc

The quality standard requires a company to meet 13 targets and have a minimum 99% degree of accuracy

Read More

Autoglym acquires GnG Sales as it expands into Australasia

The wholesale supplier of car care products has marketed and supplied the Autoglym range for over two decades

Read More

Go to comments

Your email address will not be published. Required fields are marked *