Genuine Parts Company Announces Chairman Retirement and CEO Succession

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Donahue, the Non-Executive Chairman of the Board, will retire effective at the 2026 annual meeting. The Board has appointed Will Stengel, the current President and CEO, to succeed Donahue as Chairman. Stengel will also continue as CEO, combining the roles to ensure unified leadership. The Board expressed gratitude for Donahue's service and confidence in Stengel's leadership. Stengel acknowledged Donahue's mentorship and expressed his commitment to driving the company's growth and profitability.

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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.