Varun Laroyia
Executive Vice President and Chief Financial Officer
2024 – Present
2 years (current)
Key Decisions & Impact
His defining early task as CFO has been managing the financial separation of the Electrical Distribution Systems business into Versigent, a process requiring new standalone capital structures, credit ratings, and reporting systems for both resulting companies ahead of the April 2026 spinoff completion. At LKQ, Laroyia was credited with meaningfully improving working-capital efficiency and cash generation, experience Aptiv's board specifically cited when recruiting him to manage the company's balance sheet through the Versigent separation.
Legacy
Laroyia, who holds a commerce degree from Shri Ram College of Commerce and an MBA from Cardiff University, spent seven years at LKQ Corporation as CFO and later CEO of LKQ Europe, and earlier served as CFO of CBRE's Global Workplace Solutions division, before Aptiv named him EVP and CFO effective November 8, 2024, succeeding Joseph Massaro.