secwatch.observer — SEC 8-K summary
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Issuer:     ADVANCE AUTO PARTS INC (AAP)
CIK:        0001158449
Form:       8-K
Filed at:   2023-02-28T23:59:59+00:00
Accession:  0001157523-23-000371
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1158449/000115752323000371/0001157523-23-000371-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1158449/000115752323000371/a53353038.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-000371

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