Advance Auto Parts CEO Tom Greco to retire at year-end 2023; board forms Succession Committee

ADVANCE AUTO PARTS INC

Tom Greco to retire as President and CEO at year-end 2023, will serve in advisory role during transition.
Board formed a Succession Committee of independent directors to identify successor and facilitate smooth transition.
Search will consider internal and external candidates; leading executive search firm to be retained.
Greco cites final year of 3-year strategic plan as right time for transition; board thanks him for service.

item 5.02 item 7.01 item 9.01

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Departed

Thomas R. Greco

President and Chief Executive Officer

AAP · ADVANCE AUTO PARTS INC

Filed: February 28, 2023, 6:59 PM ET

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.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas R. Greco departed as President and Chief Executive Officer at ADVANCE AUTO PARTS INC.

Action: retire
Role: President and Chief Executive Officer

Exact text from the filing

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.

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Source: SEC EDGAR

accession 0001157523-23-000371

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