MEKO’s Nomination Committee proposes Dominick Zarcone as new Chairman of the Board
19 February 2024 15:37
MEKO’s Nomination Committee proposes Dominick Zarcone as the new Chairman of the Board in MEKO AB at the Annual General Meeting 2024. Dominick Zarcone currently serves as the President and CEO of LKQ Corporation, listed on the Nasdaq, and has an extensive background with several senior executive roles in major corporations.
Dominick Zarcone possesses extensive expertise in the independent auto aftermarket and has held key leadership positions at LKQ Corporation since 2015, including his current role as President and CEO, with his term set to end on June 30, 2024. Prior to his CEO appointment in 2017, he was LKQ’s Executive Vice President and CFO. He currently serves as a director of LKQ and will also be included on the slate of directors nominated for election at LKQ’s annual meeting in May 2024. Additionally, Mr. Zarcone has a strong financial leadership background as the former Managing Director and CFO of Baird Financial Group and Chief Operating Officer of the Investment Banking Group at Robert W. Baird & Co. He earned his MBA from the University of Chicago.
“I am honored and excited to be nominated as the Board Chair of MEKO, a company with a great history and strong market positions. As I am leaving my operational engagement as CEO of LKQ in June of 2024, this will afford me the time needed to focus on MEKO. If I am elected, I look forward to working with the management team and the rest of the board to create a balanced operational excellence program focused on organic revenue growth, enhanced margins, and improved returns on capital,” stated Dominick Zarcone, President and Chief Executive Officer of LKQ Corporation.
The Nomination Committee's proposal for the full Board will be published at the latest in conjunction with the notice of the 2024 Annual General Meeting, which will be held in Stockholm on May 16, 2024, at 10:00.
The Nomination Committee prior to the 2024 Annual General Meeting comprises Dominick Zarcone appointed by LKQ Corporation (chairman), Magnus Sjöqvist appointed by Swedbank Robur Fonder AB, Thomas Wuolikainen appointed by the Fourth Swedish National Pension Fund "Fjärde AP-fonden" and Erik Nordström appointed by Didner & Gerge Fonder AB. MEKO´s board member, Helena Skåntorp, has been co-opted to the Nomination Committee.
For further information, please contact:
Anders Oxelström
Director of Communications, MEKO
Phone: + 46 73 522 52 42
Email: anders.oxelstrom@meko.com
This information is such information that MEKO AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Market Act. The information was submitted for publication, through the agency of the contact person set out above on February 19, 2024, at 15:30 CET. The press release is published in Swedish and English. The Swedish version is the original version and has been translated into English.