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Form 8-K · Current Report · Filed 2024-03-26

Genuine Parts Company Announces Retirement of Executive Vice President and Chief Human Resources Officer

On March 25, 2024, Genuine Parts Company announced the retirement of James R.

Filer
Genuine Parts Company GPC · NYSE
Filed
Accession
0000040987-24-000047
CIK
0000040987
Signal
High impactConsumer Cyclical

Details

Neill, its Executive Vice President and Chief Human Resources Officer, effective April 30, 2024. Neill will serve as a consultant until September 30, 2024, receiving a separation payment and continued compensation during the consulting period.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Key Executive Departure

Market reaction

Close before filing

$153.61

Next session

+1.0%

Since filing

-19.0%

Latest close

$124.37

What happened, not what will happen — closing prices around the filing date.

About Genuine Parts Company

Genuine Parts Company is a leading distributor of automotive and industrial replacement parts. The company's core function is to supply a broad array of parts and services to the automotive and industrial sectors, supporting a wide network of retailers, repair shops, and manufacturers. Its extensive product line and customer-focused business approach cover everything from automotive spare parts to industrial components, impacting sectors such as transportation, manufacturing, and retail. With a global presence, Genuine Parts Company operates through a broad network of distribution centers and stores, ensuring the swift delivery of products to meet the needs of its diverse clientele. The company's dominant market role is underscored by its commitment to quality and reliability, which has established it as a trusted partner in the supply chain. Genuine Parts Company not only plays a crucial role in maintaining the efficiency and performance of vehicles and machinery but also contributes significantly to the supply infrastructure of these key industries, enhancing their capacity to sustain operations and manage logistical demands.

Exchange NYSE Industry Auto Parts Company website ↗

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