Advance Auto Parts realigns leadership; Word moves to EVP Professional, Canada and Independents

ADVANCE AUTO PARTS INC

Herman Word's role changes from EVP, U.S. Stores and Independents to EVP, Professional, Canada and Independents effective Sept 13, 2024.
Jason Hand, SVP U.S. Stores, assumes additional store ops responsibilities and now reports directly to the CEO.
Word's employment agreement amended; he gets a deferred right to resign for Good Reason until March 15, 2025, with no pay or grade reduction for 12 months.
Re-alignment aims to deepen focus on DIY and professional initiatives across U.S., Canada, and Carquest independent network.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Herman L. Word, Jr.

Executive Vice President, Professional, Canada and Independents

AAP · ADVANCE AUTO PARTS INC

Effective: 2024-09-13
Filed: September 17, 2024, 7:59 PM ET

Effective September 13, 2024, Mr. Word serves as Executive Vice President, Professional, Canada and Independents.

Role change

Jason M. Hand

Senior Vice President, U.S. Stores

AAP · ADVANCE AUTO PARTS INC

Effective: 2024-09-13
Filed: September 17, 2024, 7:59 PM ET

Jason M. Hand, Senior Vice President, U.S. Stores, will take additional responsibility related to store operations, will continue to lead the Company’s regional vice presidents and will now report directly to the Company’s Chief Executive Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Herman L. Word, Jr. changed role as Executive Vice President, Professional, Canada and Independents at ADVANCE AUTO PARTS INC.

Action: updated duties to serve as
Role: Executive Vice President, Professional, Canada and Independents

Exact text from the filing

Effective September 13, 2024, Mr. Word serves as Executive Vice President, Professional, Canada and Independents.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jason M. Hand changed role as Senior Vice President, U.S. Stores at ADVANCE AUTO PARTS INC.

Action: will take additional responsibility
Role: Senior Vice President, U.S. Stores

Exact text from the filing

Jason M. Hand, Senior Vice President, U.S. Stores, will take additional responsibility related to store operations, will continue to lead the Company’s regional vice presidents and will now report directly to the Company’s Chief Executive Officer.

View on SEC.gov

ADVANCE AUTO PARTS INC filing history →

Source: SEC EDGAR

accession 0001158449-24-000199

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