Genuine Parts names Will Stengel as CEO; Paul Donahue becomes Executive Chairman June 3

GENUINE PARTS CO

Paul Donahue retires as CEO, becomes Executive Chairman effective June 3, 2024.
William P. Stengel, II promoted from President/COO to President and CEO.
Stengel receives $1M base salary, 145% short-term target, $5.5M long-term target.
Board increases to 15 directors; Stengel appointed to fill the new vacancy.

item 5.02 item 7.01 item 9.01

Executive movements

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

Role change

William P. Stengel, II

President and Chief Executive Officer

GPC · GENUINE PARTS CO

Effective: 2024-06-03
Filed: April 29, 2024, 7:59 PM ET

the Board has appointed William P. Stengel, II, as Chief Executive Officer of the Company, effective as of the Effective Date, such that following the Effective Date Mr. Stengel will hold the dual title of President and Chief Executive Officer of the Company.

Appointed

William P. Stengel, II

Director

GPC · GENUINE PARTS CO

Effective: 2024-06-03
Filed: April 29, 2024, 7:59 PM ET

The Board also approved an increase in the size of the Board from 14 to 15 directors and appointed Mr. Stengel to fill the newly created vacancy, effective as of the Effective Date.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

William P. Stengel, II was appointed as President and Chief Executive Officer at GENUINE PARTS CO.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

the Board has appointed William P. Stengel, II, as Chief Executive Officer of the Company, effective as of the Effective Date, such that following the Effective Date Mr. Stengel will hold the dual title of President and Chief Executive Officer of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

William P. Stengel, II was appointed as Director at GENUINE PARTS CO.

Action: appointed
Role: Director

Exact text from the filing

The Board also approved an increase in the size of the Board from 14 to 15 directors and appointed Mr. Stengel to fill the newly created vacancy, effective as of the Effective Date.

View on SEC.gov

GENUINE PARTS CO filing history →

Source: SEC EDGAR

accession 0001193125-24-122648

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