LKQ Corporation announced the appointment of John Mendel as the Chairman of the Board.
Guhan Subramanian will retire as Chairman and from the Board on January 1, 2026.
The appointment follows a review of the Board composition and governance practices.
New Board Chairman
John Mendel has been elected as Chairman, effective immediately, bringing extensive automotive industry experience.
Retirement Plans
Guhan Subramanian will retire as Chairman and from the Board on January 1, 2026, supporting a seamless transition process.
Enhancing Corporate Governance
LKQ has been actively reviewing its Board composition, policies, and procedures to enhance corporate governance practices.
- John Mendel, with over 45 years of experience in the automotive industry, is set to accelerate the execution of LKQ's strategic priorities.
- The Board's proactive approach and focus on simplifying business operations and enhancing shareholder value are highlighted.
- The appointment signifies a commitment to retaining market share and investing in organic growth opportunities.
The appointment of John Mendel as Chairman of the Board reflects LKQ's strategy to drive growth and enhance shareholder value through a seasoned automotive industry leader.