Genuine Parts Company Announces Board Leadership Transition

Genuine Parts Company Announces Board Leadership Transition

By ADMIN
Related Stocks:GPC
Genuine Parts Company (NYSE: GPC), a major global provider of automotive and industrial replacement parts and value‑added solutions, has announced a significant leadership change on its Board of Directors. Paul D. Donahue, the company’s Non‑Executive Chairman, plans to retire from the Board at the company’s 2026 annual shareholder meeting after more than two decades of service. Donahue has been praised by the Board for his long‑standing contributions, including streamlining the company’s portfolio and strengthening governance. In connection with Donahue’s retirement, the Board has named Will Stengel — currently President and Chief Executive Officer — as Chair‑Elect of the Board. Once Donahue steps down, Stengel will assume both the roles of Chairman and CEO, consolidating leadership and strategic direction at GPC. Stengel has served as President and CEO since June 2024 and has held various leadership positions within the company. The Board believes his strategic vision and deep understanding of the business will support future growth and value creation for shareholders. #GenuinePartsCompany #LeadershipTransition #CorporateGovernance #WillStengel #SlimScan #GrowthStocks #CANSLIM

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