x

Posted 28 February, 2023

ADVANCE AUTO PARTS INC appointed new CEO

CEO Change detected for ticker NYSE:AAP in a 8-K filed on 28 February, 2023.


  On February 22, 2023, Thomas R. Greco, President and Chief Executive Officer of Advance Auto Parts, Inc. (the "Company") informed the Company's Board of Directors (the "Board") of his intention to retire from his position at the end of the year.  

Don't how to trade CEO change? Read Reasons for CEO Turnover and Effect on Stock Performance.
Overview of ADVANCE AUTO PARTS INC
Retail/Wholesale • Specialty Retail
Advance Auto Parts, Inc. engages in the supply and distribution of aftermarket automotive products for both professional installers and do-it-yourself customers. It operates through the following segments: Advance Auto Parts/Carquest U.S., Carquest Canada, Worldpac, and Independents. The company was founded by Arthur Taubman in 1929 and is headquartered in Raleigh, NC.
Market Cap
$4.14B
View Company Details
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On February 22, 2023, Thomas R. Greco, President and Chief Executive Officer of Advance Auto Parts, Inc. (the "Company") informed the Company's Board of Directors (the "Board") of his intention to retire from his position at the end of the year. In connection with Mr. Greco's planned retirement and the Company's succession planning process, the Board has formed a Succession Committee composed of independent directors. Mr. Greco will work closely with the Board to identify his successor and facilitate a smooth transition.