secwatch.observer — SEC 8-K summary
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Issuer:     GENUINE PARTS CO (GPC)
CIK:        0000040987
Form:       8-K
Filed at:   2022-01-25T23:59:59+00:00
Accession:  0000040987-22-000005
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Genuine Parts CFO Carol Yancey to retire; Bert Nappier appointed as new CFO
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- Carol Yancey retiring after 30-year career; effective May 2, 2022, advisory role through May 31.
- Bert Nappier joins as EVP & CFO-Elect effective Feb 28, 2022, becomes CFO on May 2.
- Nappier previously EVP Finance & Treasurer at FedEx; also held Europe leadership roles.
- Nappier compensation: $675k base, 85%-185% bonus target, $2.5M RSU grant, $1.65M LTIP.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/40987/000004098722000005/0000040987-22-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/40987/000004098722000005/gpc-20220121.htm
  HTML page:      https://secwatch.observer/filing/0000040987-22-000005

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer