---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-218433"
form_type: "8-K"
ticker: "AAP"
cik: "0001158449"
company_name: "ADVANCE AUTO PARTS INC"
filed_at: "2023-08-23T23:59:59+00:00"
generated_at: "2026-06-11T04:39:45.441621+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Advance Auto Parts names Shane O'Kelly as CEO, appoints interim CFO

## Summary
- Shane O'Kelly appointed President, CEO and director effective Sep 11, 2023; base salary $1.125M, target bonus 150%.
- O'Kelly receives sign-on cash bonuses totaling $2M and equity (78,982 RSUs, 150,000 options) with three-year vesting.
- Interim CFO Anthony Iskander appointed effective Aug 18; base salary $406K, monthly $25K stipend, $500K RSU grant.
- Current CEO Tom Greco remains until Sep 11, then advisor through Mar 2024; prior CFO Jeff Shepherd separated without disagreement.
- O'Kelly joins from HD Supply (Home Depot subsidiary) where he served as CEO since Dec 2020.

## SEC filing metadata
- accession: 0001193125-23-218433
- form_type: 8-K
- ticker: AAP
- cik: 0001158449
- company_name: ADVANCE AUTO PARTS INC
- filed_at: 2023-08-23T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1158449/000119312523218433/0001193125-23-218433-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1158449/000119312523218433/d508220d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-218433
- JSON: https://secwatch.observer/filing/0001193125-23-218433.json
- Plain text: https://secwatch.observer/filing/0001193125-23-218433.txt

## Key facts
- Executive change
  Shane M. O’Kelly was appointed as President, Chief Executive Officer at ADVANCE AUTO PARTS INC.
  - Action: appointed
  - Role: President, Chief Executive Officer
  source text: appointed Shane M. O’Kelly, 54, to the position of President, Chief Executive Officer and as a director of the Company, commencing September 11, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1158449/000119312523218433/0001193125-23-218433-index.htm

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