LKQ CEO Dominick Zarcone's 2018 pay rises 2% to $4.0M
LKQ reports 2018 executive compensation
Published: March 14, 2019
LKQ reported fiscal year 2018 executive compensation information on March 14, 2019.
In 2018, five LKQ executives received on average a compensation package of $2.7M, a 7% decrease compared to previous year.Average pay of disclosed executives at LKQ
Dominick Zarcone, Chief Executive Officer, received $4M in total, which increased by 2% compared to 2017. 43.99% of Zarcone's compensation, or $1.8M, was in stock awards. Zarcone also received $1.2M in non-equity incentive plan, $955.1K in salary, as well as $57.1K in other compensation.
For fiscal year 2018, the median employee pay was $30,488 at LKQ. Therefore, the ratio of Dominick Zarcone's pay to the median employee pay was 130 to one.
John S. Quinn, Chief Executive Officer, received a compensation package of $3.9M, which increased by 18% compared to previous year. 56.39% of the compensation package, or $2.2M, was in stock awards.
Walter P. Hanley, Senior Vice President - Development, earned $2M in 2018, a 16% decrease compared to previous year.
Varun Laroyia, Chief Financial Officer, received $1.9M in 2018, which decreases by 20% compared to 2017.
Victor M. Casini, General Counsel, earned $1.7M in 2018, a 18% decrease compared to previous year.