8-K
filed April 30, 2024, 7:59 PM ET
ticker GPC
CIK 0000040987
other material
confidence high
sentiment neutral
materiality 0.30
Genuine Parts elects new director, declares $1.00 quarterly dividend
GENUINE PARTS CO
- Shareholders elected Chuck K. Stevens (former GM CFO) as director; E. Jenner Wood retired after ~10 years on board.
- Board declared regular quarterly dividend of $1.00/share, payable July 1, 2024 to holders of record June 7, 2024.
- Annual meeting results: all director nominees elected; 'Say-on-Pay' approved; 2015 Incentive Plan extended; EY ratified as auditor.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
E. Jenner Wood retired as Director at GENUINE PARTS CO.
- Action
- retired
- Role
- Director
Exact text from the filing
Mr. E. Jenner Wood has retired as a director.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Charles "Chuck" K. Stevens was elected as Director at GENUINE PARTS CO.
- Action
- elected
- Role
- Director
Exact text from the filing
its shareholders elected Mr. Charles “Chuck” K. Stevens as a new director of the Company.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
GENUINE PARTS CO shareholders approved Advisory vote on executive compensation (Say-on-Pay) at the 2024-04-29 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2024-04-29
Exact text from the filing
Proposal 2: An advisory vote on executive compensation ("Say-on-Pay") was approved. For Against Abstain Broker Non-Votes 97,534,291 8,704,755 312,747 14,375,460
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
GENUINE PARTS CO shareholders approved Ratification of Ernst & Young LLP as independent auditors for 2024 at the 2024-04-29 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2024-04-29
Exact text from the filing
Proposal 4: The appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for fiscal 2024 was ratified. For Against Abstain Broker Non-Votes 114,898,631 5,908,848 119,774 —
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
GENUINE PARTS CO shareholders approved Amendment to the Company's 2015 Incentive Plan to extend its term for an additional ten-year period at the 2024-04-29 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2024-04-29
Exact text from the filing
Proposal 3: An amendment to the Company's 2015 Incentive Plan to extend its term for an additional ten-year period was approved. For Against Abstain Broker Non-Votes 102,771,603 3,443,929 336,260 14,375,460
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.98
GENUINE PARTS CO shareholders approved Election of directors at the 2024-04-29 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2024-04-29
Exact text from the filing
Proposal 1: The following nominees were elected to serve as members of the Company's Board of Directors until the 2025 Annual Meeting: Name For Withheld Broker Non-Votes Elizabeth W. Camp 105,109,428 1,442,365 14,375,460 Richard Cox, Jr. 105,250,172 1,301,621 14,375,460 Paul D. Donahue 99,543,362 7,008,431 14,375,460 Gary P. Fayard 104,706,168 1,845,625 14,375,460 P. Russell Hardin 96,510,575 10,041,218 14,375,460 John R. Holder 102,615,691 3,936,102 14,375,460 Donna W. Hyland 97,552,068 8,999,725 14,375,460 John D. Johns 100,841,140 5,710,653 14,375,460 Jean-Jacques Lafont 104,073,089 2,478,705 14,375,460 Robert C. “Robin” Loudermilk, Jr. 100,418,984 6,132,809 14,375,460 Wendy B. Needham 101,431,157 5,120,636 14,375,460 Juliette W. Pryor 101,835,314 4,716,479 14,375,460 Darren Rebelez 104,441,071 2,110,722 14,375,460 Chuck K. Stevens, III 105,332,794 1,218,999 14,375,460
View on SEC.gov
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