– USA, IL – LKQ Corporation (Nasdaq: LKQ) announced the appointments of Sue Gove and Michael Powell to its Board as new Independent Directors, effective immediately.
“I am pleased to welcome Sue and Michael to our Board, who bring executive experience, as well as an understanding of the automotive industry that complements our Board,” said Board Chairman, Guhan Subramanian. “LKQ is well positioned to build on the progress we have made through our focus on operational excellence and taking action to simplify, integrate and rationalize our business to drive better returns. We value the constructive engagement that we have had with Ancora and Engine toward our shared goal of generating increasing value for LKQ’s shareholders.
About Sue Gove
Sue Gove has served as Founder and President of Excelsior Advisors, LLC, a retail consulting and advisory firm, since 2014. From 2019 to 2023, She served in several roles at Bed Bath & Beyond, including as a Board member for her full tenure, President and CEO from 2022 to 2023, and Interim CEO in 2022. Before that, Sue Gove served as a Senior Advisor at Alvarez & Marsal, a global professional services firm, from 2017 to 2019. She also previously served as CEO of Vitamin World USA Corporation, a carve-out of NBTY Inc., a retailer of vitamins and nutritional supplements, from 2015 to 2016. Before that, Ms. Gove served as COO and CFO of Golfsmith International, a specialty retailer of golf equipment, apparel, and accessories from 2008 to 2012, where she then served as President and CEO from 2012 to 2014. Before these roles, Ms. Gove began her career at Zale Corporation, America’s largest specialty jewelry retailer, where she served in numerous senior leadership positions through 2006, including VP of Operations, SVP of Strategic Planning, Treasurer, CFO, and EVP and COO.
Sue Gove holds a B.B.A in Accounting from the University of Texas McCombs School of Business.
About Michael S. Powell
Michael Powell is an experienced insurance professional, having most recently served as Claims Process General Manager of Progressive Corporation, one of the largest auto insurers in North America, from 2022 to 2024. Before that, Mr. Powell held several leadership positions during his time at Progressive Corporation, including as Central Zone Claims General Manager from 2017 to 2022, Claims Physical Damage Business Leader from 2015 to 2017, Business Leader of the Claims Training and Project Management Organization from 2012 to 2015, Claims Senior Process Director from 2003 to 2012, and General Manager in Progressive’s Iowa location from 1999 to 2001.
Michael Powell holds a B.S. in Business Administration from Morningside University and an M.B.A. from Drake University.
About LKQ Corporation
LKQ Corporation is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ has operations in North America, Europe, and Taiwan. LKQ offers its customers a broad range of OE recycled and aftermarket parts, replacement systems, components, equipment, and services to repair and accessorize automobiles, trucks, and recreational and performance vehicles.
For more: https://www.lkqcorp.com/
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