---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-122648"
form_type: "8-K"
ticker: "GPC"
cik: "0000040987"
company_name: "GENUINE PARTS CO"
filed_at: "2024-04-29T23:59:59+00:00"
generated_at: "2026-06-03T05:53:56.385670+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-24-122648
- form_type: 8-K
- ticker: GPC
- cik: 0000040987
- company_name: GENUINE PARTS CO
- filed_at: 2024-04-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/40987/000119312524122648/0001193125-24-122648-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/40987/000119312524122648/d783989d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-122648
- JSON: https://secwatch.observer/filing/0001193125-24-122648.json
- Plain text: https://secwatch.observer/filing/0001193125-24-122648.txt

## Key facts
- Executive change
  William P. Stengel, II was appointed as President and Chief Executive Officer at GENUINE PARTS CO.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/40987/000119312524122648/0001193125-24-122648-index.htm
- Executive change
  William P. Stengel, II was appointed as Director at GENUINE PARTS CO.
  - Action: appointed
  - Role: Director
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/40987/000119312524122648/0001193125-24-122648-index.htm

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