LKQ reports 2018 executive compensation
CEO Dominick Zarcone receives $4M
LKQ reported fiscal year 2018 executive compensation information on March 14, 2019.
In 2018, five LKQ executives received on average a compensation package of $2,678,365, a 7% decrease compared to previous year.Average pay of disclosed executives at LKQ
Dominick Zarcone, Chief Executive Officer, received $3,978,116 in total, which increased by 2% compared to 2017. 43.99% of Zarcone's compensation, or $1,750,036, was in stock awards. Zarcone also received $1,215,949 in non-equity incentive plan, $955,069 in salary, as well as $57,062 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 $3,866,059, which increased by 18% compared to previous year. 56.39% of the compensation package, or $2,180,021, was in stock awards.
Walter P. Hanley, Senior Vice President - Development, earned $1,993,147 in 2018, a 16% decrease compared to previous year.
Varun Laroyia, Chief Financial Officer, received $1,898,177 in 2018, which decreases by 20% compared to 2017.
Victor M. Casini, General Counsel, earned $1,656,328 in 2018, a 18% decrease compared to previous year.