secwatch.observer — SEC 8-K summary
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Issuer:     ADVANCE AUTO PARTS INC (AAP)
CIK:        0001158449
Form:       8-K
Filed at:   2022-01-11T23:59:59+00:00
Accession:  0001158449-22-000021
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Advance Auto Parts appoints William Pellicciotti as Chief Accounting Officer
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- Pellicciotti named SVP, Controller and CAO, effective January 24, 2022.
- Annual base salary of $400,000; bonus target 65% of base salary.
- One-time cash signing bonus of $324,500, repayable if he resigns within 2 years.
- Expected annual equity grant of ~$350,000 under 2014 LTIP for 2022-2024 cycle.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1158449/000115844922000021/0001158449-22-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1158449/000115844922000021/aap-20220111.htm
  HTML page:      https://secwatch.observer/filing/0001158449-22-000021

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