CHICAGO — LKQ Corp. Executive Vice President and Chief Financial Officer Mark Spears has said he intends to resign at or about the end of 2009 to pursue personal interests. LKQ has begun a search for his successor.

Spears confirmed that he will continue his duties until a successor is in place. "I will assist with the selection of our new CFO and will help train the new CFO to make the transition as smooth as possible. My target date is Dec. 31, but I have pledged to remain as CFO as long as my services are needed."

Speaking of Spears’ many contributions to LKQ, Joseph Holsten, president and CEO said, "Mark has been an integral part of LKQ for 10 years, and we greatly appreciate his professionalism, his service and his friendship. He is handing over his department in excellent shape, which should make this transition seamless."

In addition, LKQ and Spears have entered into a consulting agreement that begins on the date of his resignation and continues for five years thereafter. Under the consulting agreement, Spears will provide consulting services as needed with respect to financial matters, including the company’s financial statements and capital structure.