Genuine Parts Co. Announces Board and Executive Changes
Ticker: GPC · Form: 8-K · Filed: Mar 26, 2024 · CIK: 40987
Sentiment: neutral
Topics: leadership-change, board-of-directors
Related Tickers: GPC
TL;DR
GPC board shakeup: Donahue is Chairman, Doyle joins the board.
AI Summary
Genuine Parts Company (GPC) announced on March 25, 2024, changes in its executive team. The company elected Paul Donahue as Chairman of the Board, effective immediately. Additionally, William P. Doyle was appointed to the Board of Directors. These changes are effective as of March 25, 2024.
Why It Matters
This filing indicates a transition in leadership at Genuine Parts Company, which could signal strategic shifts or a focus on continuity under new board leadership.
Risk Assessment
Risk Level: low — The filing reports routine board and executive changes without any indication of financial distress or significant operational disruption.
Key Players & Entities
- Genuine Parts Company (company) — Registrant
- Paul Donahue (person) — Elected Chairman of the Board
- William P. Doyle (person) — Appointed to the Board of Directors
- March 25, 2024 (date) — Effective date of changes
FAQ
Who has been elected as the new Chairman of the Board for Genuine Parts Company?
Paul Donahue has been elected as the Chairman of the Board, effective immediately as of March 25, 2024.
When were these changes to the board and executive officers effective?
The changes reported in this Form 8-K were effective as of March 25, 2024.
Has a new member been appointed to the Board of Directors?
Yes, William P. Doyle has been appointed to the Board of Directors.
What is the principal executive office address for Genuine Parts Company?
The principal executive offices are located at 2999 Wildwood Parkway, Atlanta, GA 30339.
What is the IRS Employer Identification Number for Genuine Parts Company?
The IRS Employer Identification Number for Genuine Parts Company is 58-0254510.
Filing Stats: 777 words · 3 min read · ~3 pages · Grade level 11.2 · Accepted 2024-03-26 16:03:37
Key Financial Figures
- $1.00 — ange on which registered Common Stock, $1.00 par value per share GPC New York Stock
- $135 — ment, based on a Company stock price of $135 per share and (iii) the cash value of c
Filing Documents
- gpc-20240325.htm (8-K) — 28KB
- 0000040987-24-000047.txt ( ) — 149KB
- gpc-20240325.xsd (EX-101.SCH) — 2KB
- gpc-20240325_lab.xml (EX-101.LAB) — 21KB
- gpc-20240325_pre.xml (EX-101.PRE) — 12KB
- gpc-20240325_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Genuine Parts Company Date: March 26, 2024 By: /s/ Bert Nappier Name: Bert Nappier Title: Executive Vice President and CFO