Aptiv names Varun Laroyia CFO effective Nov. 8, 2024; Massaro moves to ECG
Aptiv said its Vice Chairman, Business Operations and CFO Joseph Massaro will lead the Engineered Components Group effective November 8, 2024, and will be succeeded as CFO by Varun Laroyia, formerly of LKQ Corporation. COO William Presley will also step down on November 22, 2024, to pursue other opportunities. The changes are a leadership transition at the finance chief and operating levels, and the filing reports no financial results.
Key points
- Varun Laroyia named Executive Vice President and CFO effective November 8, 2024; he previously served at LKQ Corporation, most recently as Senior Advisor
- Laroyia's pay: $850,000 base salary, 100% bonus target, $4,050,000 annual LTI award, $3,000,000 one-time LTI award, and $2,000,000 signing bonus
- William T. Presley, Vice Chairman and Chief Operating Officer, steps down November 22, 2024; his duties will be assumed by other management
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 07, 2024.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.