CHICAGO, Aug. 7, 2009 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq:LKQX) today announced that Terry M. Fortner has joined the company as Vice President of Industry Relations and Market Development. In this role, he will be responsible for the development, implementation and coordination of LKQ's product offerings and services to the auto insurance and collision repair industries.
Joseph Holsten, LKQ's President and Chief Executive Officer, commented, "Terry is recognized and respected by the insurance auto physical damage industry as a proven innovator and leader." He added, "The auto insurance industry is poised for a marked increase in its commitment to alternative parts programs. Terry will add valuable insights into the systems and service offerings LKQ will need to develop and deliver to meet the needs of the insurance industry, and the thousands of appraisers and body shops across the U.S. and Canada."
Mr. Fortner held a number of leadership positions over his 32 year career with Nationwide Insurance, most recently as Vice President of Material Damage Claims. He has been active in the insurance auto physical damage industry through his involvement with a number of industry organizations including: CCC Insurance Advisory Council, COPART Advisory Council, ABPA Award, and CIECA. He was a member of the I-Car International Board of Directors, and currently serves on the executive committee of the I-Car Educational Foundation Board of Trustees.
Outside of the industry, Mr. Fortner is a director of the Ronald McDonald House of Charities of Central Ohio where he holds the position of Treasurer. He is a graduate of Western Carolina University with a Bachelor of Science degree in Business Administration.
About LKQ Corporation
LKQ Corporation is the largest nationwide provider of aftermarket collision replacement products, recycled OEM products and refurbished OEM collision replacement products such as wheels, bumper covers and lights which are used to repair light vehicles. LKQ operates approximately 280 facilities offering its customers a broad range of replacement systems, components, and parts to repair automobiles and light, medium and heavy-duty trucks.