Repairify Inc., the maker of the asTech diagnostic device, announced the appointment of Rob Wagman to its board of directors, in the role of chairman.
“Rob’s knowledge of the automotive industry combined with his experience in successfully leading and growing LKQ will be extremely helpful as we continue to aggressively grow our business," Doug Kelly, chief executive officer of asTech said. “Rob understands the need to deliver OEM level service when it comes to servicing today’s sophisticated vehicle safety systems.”
Wagman previously served as the president and chief executive officer of LKQ from 2012 to 2017, overseeing the company’s revenue expansion from $4.1 billion to $9.7 billion. Under Mr. Wagman’s watch, LKQ’s stock price grew at a CAGR of over 20 percent, creating over $8.0 billion in equity value for shareholders.
Wagman joined LKQ at the company’s inception in 1998 and previously served as senior vice president of operations – Wholesale Parts Division and vice president of Insurance Services and Aftermarket Operations. Prior to LKQ, Rob worked for Copart and Triplett Auto Parts.
“We are very excited to be partnering with Rob Wagman on another Kinderhook portfolio company. His industry knowledge and relationships have been invaluable to the management teams of our portfolio companies," Paul Cifelli, managing director at Kinderhook Industries, LLC said.
Wagman also currently serves on the board of directors two other Kinderhook portfolio companies – National Truck Protection and All States Ag Parts.
