50/50 Women on Boards, global education and advocacy campaign driving gender balance and diversity on corporate boards, recognized LKQ as a “3+” company for having three or more women on its corporate board of directors.
With three women directors representing 27% of its corporate board seats, LKQ says it demonstrates that when three or more women serve on a board, profitability, productivity, and workplace engagement increase.
“Currently, 36% of our board is comprised of persons from underrepresented groups. We have a commitment to maintain or exceed this percentage of diversity within our board leadership,” said Dominick Zarcone, president and chief executive officer.
“Investors and enlightened leaders continue to make institutional decisions that reinforce the business advantages of diverse boards,” said Betsy Berkhemer-Credaire, CEO of 50/50 Women on Boards. “We are pleased to recognize LKQ for prioritizing this business decision that benefits its shareholders, employees, customers, and communities.”