GPC names Carruthers CEO-elect, Stengel to lead Motion; separation on track for Q1 2027

GENUINE PARTS CO

Court Carruthers appointed CEO-elect of GPC, effective Sept 8, 2026; will become CEO upon separation completion in Q1 2027.
Will Stengel to become Chairman and CEO of Motion; James Howe named President and COO of Motion, Howard Yu as EVP and CFO.
Bert Nappier named EVP, COO and CFO of GPC; base salary raised to $800k, bonus target 100% of base.
Carruthers receives $1M base salary, 150% bonus target, $6M LTI target, plus two $4M sign-on RSU grants.
GPC and Motion investor days set for Dec 8 and Dec 9, 2026; separation targeted for Q1 2027.

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