Genuine Parts Co. Appoints New General Counsel
Ticker: GPC · Form: 8-K · Filed: Apr 29, 2024 · CIK: 40987
Sentiment: neutral
Topics: executive-appointment, retirement, legal
Related Tickers: GPC
TL;DR
GPC names Michael Smith new General Counsel, replacing retiring Doyle, effective May 1st.
AI Summary
Genuine Parts Company (GPC) announced on April 29, 2024, the appointment of Michael J. Smith as Senior Vice President, General Counsel, and Corporate Secretary, effective May 1, 2024. Smith will succeed William P. Doyle, who is retiring. Smith previously served as Senior Vice President and General Counsel for Genuine Parts Company.
Why It Matters
This executive change signals a transition in leadership for the company's legal and corporate governance functions, which could impact strategic decision-making and compliance.
Risk Assessment
Risk Level: low — The filing concerns a routine executive appointment and retirement, with no immediate financial or operational risks indicated.
Key Players & Entities
- Genuine Parts Company (company) — Registrant
- Michael J. Smith (person) — Appointed Senior Vice President, General Counsel, and Corporate Secretary
- William P. Doyle (person) — Retiring Senior Vice President, General Counsel, and Corporate Secretary
- May 1, 2024 (date) — Effective date of Michael J. Smith's appointment
- April 29, 2024 (date) — Date of Report
FAQ
Who is the new Senior Vice President, General Counsel, and Corporate Secretary at Genuine Parts Company?
Michael J. Smith has been appointed as the new Senior Vice President, General Counsel, and Corporate Secretary, effective May 1, 2024.
Who is Michael J. Smith replacing?
Michael J. Smith is replacing William P. Doyle, who is retiring.
When does Michael J. Smith's appointment become effective?
The appointment of Michael J. Smith is effective May 1, 2024.
What was Michael J. Smith's previous role at Genuine Parts Company?
Michael J. Smith previously served as Senior Vice President and General Counsel for Genuine Parts Company.
What is the date of this 8-K filing?
The date of this 8-K filing is April 29, 2024.
Filing Stats: 892 words · 4 min read · ~3 pages · Grade level 10.6 · Accepted 2024-04-29 16:47:55
Key Financial Figures
- $1.00 — ange on which registered Common Stock, $1.00 par value per share GPC New York St
- $1,000,000 — l will receive an annual base salary of $1,000,000 and a short-term target incentive award
- $5,500,000 — has an estimated target total value of $5,500,000. There are no family relationships be
Filing Documents
- d783989d8k.htm (8-K) — 27KB
- d783989dex991.htm (EX-99.1) — 8KB
- g783989dsp2.jpg (GRAPHIC) — 24KB
- g783989dsp2a.jpg (GRAPHIC) — 24KB
- g783989g0429072408914.jpg (GRAPHIC) — 3KB
- 0001193125-24-122648.txt ( ) — 225KB
- gpc-20240429.xsd (EX-101.SCH) — 3KB
- gpc-20240429_lab.xml (EX-101.LAB) — 17KB
- gpc-20240429_pre.xml (EX-101.PRE) — 11KB
- d783989d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit Description 99.1 Press Release, dated April 29, 2024 104 The cover page from this current report on Form 8-K, formatted in inline XBRL
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 April 29, 2024 By: /s/ Bert Nappier Name: Bert Nappier Title: Executive Vice President and CFO