LKQ Corporation has appointed Varun Laroyia as executive vice president and chief financial officer (CFO), effective October 1, 2017. Laroyia brings extensive financial experience to LKQ, including a background with global public companies in corporate finance, operations management, systems, and mergers and acquisitions.
Laroyia has been the CFO of CBRE’s Global Workplace Solutions (GWS) business since 2015, following CBRE’s acquisition of the GWS business from Johnson Controls Inc. (JCI), where he was the CFO and vice president of Information Technology since 2013. CBRE’s GWS business is a multi-billion-dollar full service real estate outsourcing firm with 40,000 employees in 50 countries. From 2006 to 2013, Laroyia held various positions at JCI including group vice president of global audit and vice president of finance and administration for its building efficiency business across Europe and Africa. From 2000 to 2006, he held various positions at Gateway Inc., including vice president and controller, based in the U.S., and finance director for the United Kingdom and Ireland. Prior to Gateway, he was with General Electric in the U.S., and then GE Capital in London where he served as a manager of European Corporate Development. Laroyia started his career at KPMG in London.
“Varun is an accomplished executive with significant global financial and operational expertise, and I’m thrilled to welcome him to LKQ,” said Dominick Zarcone, president and CEO of LKQ Corporation. “Varun will be an outstanding addition to LKQ’s unique people culture and will be a key partner in the execution of our growth strategies across all of our business segments.”
“I look forward to continuing LKQ’s commitment to its core values, and financial and operational discipline, and am honored to be part of the team as we collectively implement the company’s long-term growth strategy,” said Laroyia.