8-KItem 2.02 · Results of OperationsItem 5.02 · Officer/Director ChangeItem 7.01 · Reg FD DisclosureItem 9.01 · Financial Statements
LKQ names Salvatore Abbate CEO as Europe weakness prompts leadership changes
Filed with the SEC on · Summarized by InvestorsBot
LKQ said Justin Jude resigned as CEO and director on October 23, 2026, with Salvatore Abbate set to become CEO and join the board on December 15; an interim CEO office will oversee the company until then. Preliminary third-quarter revenue fell to $3.32 billion from $3.50 billion, while adjusted diluted EPS declined to $0.47-$0.53 from $0.84, including a reported net loss of $16 million-$32 million and $111 million in non-cash impairments. LKQ also replaced Europe head Andy Hamilton, retained Alvarez & Marsal to advise on European operations, and withdrew its full-year 2026 guidance.