Auto dismantling and recycling company LKQ Corp., headquartered in Chicago, has named John Quinn as its executive vice president, chief financial officer, managing director and CEO of its European operations. Dominick Zarcone succeeds Quinn as executive vice president and CFO.
With the company seeing steady growth in its European operations over the past several years, LKQ says it reached out to Quinn to head the operations. The company cited Quinn’s extensive understanding of LKQ’s business, his financial acumen and his past experience working in the European markets as reasons for choosing him for the position.
Zarcone has been with the investment bank Robert W. Baird since 1995, most recently as its managing director and CFO. Zarcone also was the senior member of Baird’s team that lead-managed LKQ’s initial public offering in 2003. Since then Zarcone has maintained a close affiliation with LKQ and the industry, giving him a significant knowledge base for his new role, says Joseph Holsten, LKQ’s chairman.
“I am very pleased to announce these executive positions,” says Holsten. “This is a win-win for the company. John is an ideal candidate to manage our important European operations. Importantly, our global finance department, which John so effectively developed during his tenure as our CFO, will not miss a beat with Nick taking over the CFO duties.”
Robert Wagman, LKQ’s president and CEO, notes, “I believe that we have a very impressive management team to run our company. I look forward to continuing to work with John on our European operations and welcoming Nick as a key member of the LKQ team.”
With the company seeing steady growth in its European operations over the past several years, LKQ says it reached out to Quinn to head the operations. The company cited Quinn’s extensive understanding of LKQ’s business, his financial acumen and his past experience working in the European markets as reasons for choosing him for the position.
Zarcone has been with the investment bank Robert W. Baird since 1995, most recently as its managing director and CFO. Zarcone also was the senior member of Baird’s team that lead-managed LKQ’s initial public offering in 2003. Since then Zarcone has maintained a close affiliation with LKQ and the industry, giving him a significant knowledge base for his new role, says Joseph Holsten, LKQ’s chairman.
“I am very pleased to announce these executive positions,” says Holsten. “This is a win-win for the company. John is an ideal candidate to manage our important European operations. Importantly, our global finance department, which John so effectively developed during his tenure as our CFO, will not miss a beat with Nick taking over the CFO duties.”
Robert Wagman, LKQ’s president and CEO, notes, “I believe that we have a very impressive management team to run our company. I look forward to continuing to work with John on our European operations and welcoming Nick as a key member of the LKQ team.”