---
schema_version: "secwatch.filing_event.v1"
accession: "0001158449-24-000260"
form_type: "8-K"
ticker: "AAP"
cik: "0001158449"
company_name: "ADVANCE AUTO PARTS INC"
filed_at: "2024-12-20T23:59:59+00:00"
generated_at: "2026-05-29T00:04:36.391751+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Advance Auto Parts appoints Michael Beland as Chief Accounting Officer, effective Jan 5, 2025

## Summary
- Michael Beland appointed SVP, Controller & CAO, effective January 5, 2025.
- Compensation: $400K base salary, 65% bonus target, $200K signing bonus (repayable if resigns within 2 years).
- Initial equity grant of ~$410K in RSUs vesting over 3 years; annual equity expected ~$350K.
- Loyalty agreement: severance of 1x base+bonus, outplacement up to $12K, medical benefits for 52 weeks, 1-year non-compete.

## SEC filing metadata
- accession: 0001158449-24-000260
- form_type: 8-K
- ticker: AAP
- cik: 0001158449
- company_name: ADVANCE AUTO PARTS INC
- filed_at: 2024-12-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1158449/000115844924000260/0001158449-24-000260-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1158449/000115844924000260/aap-20241219.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001158449-24-000260
- JSON: https://secwatch.observer/filing/0001158449-24-000260.json
- Plain text: https://secwatch.observer/filing/0001158449-24-000260.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.