GENUINE PARTS CO amended Seventh Amendment with JPMorgan Chase Bank, N.A., as administrative agent, domestic swing line lender and L/C issuer, JPMorgan Chase Bank, N.A., acting through its Toronto Branch, as Canadian swing line lender and the other lenders valued at $500 million and a Delayed Draw Term Loan Facility in an aggregate principal amount of $500 million (effective 2026-04-28).
“On April 28, 2026, Genuine Parts Company (the "Company") entered into a seventh amendment (the "Seventh Amendment") to its existing Syndicated Facility Agreement, dated October 30, 2020, by and among the Company, UAP, Inc., certain designated Company subsidiaries, as borrowers, JPMorgan Chase Bank, N.A., as administrative agent, domestic swing line lender and L/C issuer, JPMorgan Chase Bank, N.A., acting through its Toronto Branch, as Canadian swing line lender and the other lenders and L/C issuers from time to time party thereto.”
Earnings Releases
GENUINE PARTS CO reported first quarter ended March 31, 2026 results: revenue $6.3 billion, net income $189 million, EPS $1.37 per diluted earnings per share. Guidance reaffirmed.
“are simultaneously making strong progress on our announced separation which remains on track for completion in the first quarter of 2027." First Quarter 2026 Results Sales were $6.3 billion, a 6.8% increase compared to $5.9 billion in the same period of the prior year. The improvement is attributable to a 2.4% increase in comparable sales, a 1.3% benefit from”
Alain Masse was appointed as President, North American Automotive at GENUINE PARTS CO.
“the Board of Directors of the Company has appointed Alain Masse to the newly created position of President, North American Automotive, effective as of the Effective Date.”
Randy Breaux departed as Group President, GPC North America at GENUINE PARTS CO.
“Randy Breaux will be retiring as Group President, GPC North America, effective as of August 1, 2025”
Wendy B. Needham retired as Director at GENUINE PARTS CO.
“Additionally, Ms. Elizabeth W. Camp, Mr. Gary P. Fayard, Mr. John D. Johns and Ms. Wendy B. Needham have retired as directors.”
John D. Johns retired as Director at GENUINE PARTS CO.
“Additionally, Ms. Elizabeth W. Camp, Mr. Gary P. Fayard, Mr. John D. Johns and Ms. Wendy B. Needham have retired as directors.”
Gary P. Fayard retired as Director at GENUINE PARTS CO.
“Additionally, Ms. Elizabeth W. Camp, Mr. Gary P. Fayard, Mr. John D. Johns and Ms. Wendy B. Needham have retired as directors.”
Elizabeth W. Camp retired as Director at GENUINE PARTS CO.
“Additionally, Ms. Elizabeth W. Camp, Mr. Gary P. Fayard, Mr. John D. Johns and Ms. Wendy B. Needham have retired as directors.”
Laurie Schupmann was elected as Director at GENUINE PARTS CO.
“On April 29, 2025, Genuine Parts Company (the "Company") issued a press release announcing that its shareholders elected Ms. Laurie Schupmann as a new director of the Company.”
M&A Transactions
GENUINE PARTS CO completed an acquisition involving Motor Parts & Equipment Corporation (MPEC) (closed 2024-04-30).
“Effective April 30, 2024, the company acquired Motor Parts & Equipment Corporation (MPEC).”
Shareholder Votes
GENUINE PARTS CO shareholders approved Ratification of Ernst & Young LLP as independent auditors for 2024 at the 2024-04-29 meeting.
“Proposal 4: The appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for fiscal 2024 was ratified. For Against Abstain Broker Non-Votes 114,898,631 5,908,848 119,774 —”
Shareholder Votes
GENUINE PARTS CO shareholders approved Amendment to the Company's 2015 Incentive Plan to extend its term for an additional ten-year period at the 2024-04-29 meeting.
“Proposal 3: An amendment to the Company's 2015 Incentive Plan to extend its term for an additional ten-year period was approved. For Against Abstain Broker Non-Votes 102,771,603 3,443,929 336,260 14,375,460”
Shareholder Votes
GENUINE PARTS CO shareholders approved Advisory vote on executive compensation (Say-on-Pay) at the 2024-04-29 meeting.
“Proposal 2: An advisory vote on executive compensation ("Say-on-Pay") was approved. For Against Abstain Broker Non-Votes 97,534,291 8,704,755 312,747 14,375,460”
Shareholder Votes
GENUINE PARTS CO shareholders approved Election of directors at the 2024-04-29 meeting.
“Proposal 1: The following nominees were elected to serve as members of the Company's Board of Directors until the 2025 Annual Meeting: Name For Withheld Broker Non-Votes Elizabeth W. Camp 105,109,428 1,442,365 14,375,460 Richard Cox, Jr. 105,250,172 1,301,621 14,375,460 Paul D. Donahue 99,543,362 7,008,431 14,375,460 Gary P. Fayard 104,706,168 1,845,625 14,375,460 P. Russell Hardin 96,510,575 10,041,218 14,375,460 John R. Holder 102,615,691 3,936,102 14,375,460 Donna W. Hyland 97,552,068 8,999,725 14,375,460 John D. Johns 100,841,140 5,710,653 14,375,460 Jean-Jacques Lafont 104,073,089 2,478,705 14,375,460 Robert C. “Robin” Loudermilk, Jr. 100,418,984 6,132,809 14,375,460 Wendy B. Needham 101,431,157 5,120,636 14,375,460 Juliette W. Pryor 101,835,314 4,716,479 14,375,460 Darren Rebelez 104,441,071 2,110,722 14,375,460 Chuck K. Stevens, III 105,332,794 1,218,999 14,375,460”
E. Jenner Wood retired as Director at GENUINE PARTS CO.
“Mr. E. Jenner Wood has retired as a director.”
Charles "Chuck" K. Stevens was elected as Director at GENUINE PARTS CO.
“its shareholders elected Mr. Charles “Chuck” K. Stevens as a new director of the Company.”
William P. Stengel, II was appointed as Director at GENUINE PARTS CO.
“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.”
William P. Stengel, II was appointed as President and Chief Executive Officer at GENUINE PARTS CO.
“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.”
Earnings Releases
GENUINE PARTS CO reported first quarter ended March 31, 2024 results: revenue $5.8 billion, net income $249 million, EPS $1.78 per diluted earnings per share. Guidance raised.
“(EX-99.1) --- www.genpt.com News Release April 18, 2024 FOR IMMEDIATE RELEASE Genuine Parts Company Reports First Quarter 2024 Results and Updates Full-Year Outlook • Sales of $5.8 billion, Up 0.3% • Diluted EPS of $1.78, Down 16.8% • Adjusted Diluted EPS of $2.22, Up 3.7% • Updates 2024 Outlook: ◦ Reaffirms Revenue Growth of 3% to 5% ◦ Updates Adjusted Diluted EPS”
James R. Neill retired as Executive Vice President and Chief Human Resources Officer at GENUINE PARTS CO.
“On March 25, 2024, Genuine Parts Company (the “Company”) announced that James R. Neill, the Company’s Executive Vice President and Chief Human Resources Officer, has elected to participate in the Company’s voluntary retirement program implemented in connection with the Company’s previously announced global restructuring.”
Earnings Releases
GENUINE PARTS CO reported the full year ended December 31, 2023 results: revenue $23.1 billion, net income $1.3 billion, EPS $9.33. Guidance initiated.
“Quarter 2023 Highlights • Sales of $5.6 billion, Up 1.1% • Diluted EPS of $2.26, Up 27.7%, or Up 10.2% from Adjusted Diluted EPS in 2022 Full-Year 2023 Highlights • Sales of $23.1 billion, Up 4.5% • Diluted EPS of $9.33, Up 12.3%, or Up 11.9% from Adjusted Diluted EPS in 2022 • Cash from Operations of $1.4 billion; Free Cash Flow of $923 million • Returned $788”
Earnings Releases
GENUINE PARTS CO reported the fourth quarter ended December 31, 2023 results: revenue $5.6 billion, net income $317 million, EPS $2.26.
“Company Reports Fourth Quarter and Full-Year 2023 Results Declares Dividend Increase for 68th Consecutive Year Provides 2024 Outlook Fourth Quarter 2023 Highlights • Sales of $5.6 billion, Up 1.1% • Diluted EPS of $2.26, Up 27.7%, or Up 10.2% from Adjusted Diluted EPS in 2022 Full-Year 2023 Highlights • Sales of $23.1 billion, Up 4.5% • Diluted EPS of $9.33, Up”
Earnings Releases
GENUINE PARTS CO reported the third quarter ended September 30, 2023 results: revenue $5.8 billion, net income $351 million, EPS $2.49. Guidance reaffirmed.
“--- www.genpt.com News Release October 19, 2023 FOR IMMEDIATE RELEASE Genuine Parts Company Reports Third Quarter 2023 Results and Updates Full-Year Outlook • Sales of $5.8 billion, Up 2.6% • Diluted EPS of $2.49, Up 13.2%, or Up 11.7% from Adjusted Diluted EPS in 2022 • Updates 2023 Outlook: ◦ Reaffirms Revenue Growth of 4% to 6% ◦ Updates Diluted EPS to”
Earnings Releases
GENUINE PARTS CO reported second quarter ended June 30, 2023 results: revenue $5.9 billion, net income $344 million, EPS $2.44. Guidance raised.
“--- www.genpt.com News Release July 20, 2023 FOR IMMEDIATE RELEASE Genuine Parts Company Reports Second Quarter 2023 Results And Raises Full Year Outlook • Record Sales of $5.9 billion, Up 5.6% • Diluted EPS of $2.44, Down 6.9%, or Up 10.9% from Adjusted Diluted EPS in 2022 • Updates 2023 Outlook: ◦ Reaffirms Revenue Growth of 4% to 6% ◦ Increases Diluted EPS”
Darren M. Rebelez was appointed as Director at GENUINE PARTS CO.
“Effective as of June 1, 2023, the Board of Directors (the “Board”) of Genuine Parts Company (the “Company”), upon the recommendation of the Nominating and ESG Committee, increased the size of the Board to fourteen directors and appointed Darren M. Rebelez to fill the vacancy created by such increase.”
Randall P. Breaux changed role as Group President, GPC North America at GENUINE PARTS CO.
“Randall P. Breaux will be promoted to the newly-created role of Group President, GPC North America, effective as of July 1, 2023”
Kevin E. Herron departed as President of the U.S. Automotive Group at GENUINE PARTS CO.
“Kevin E. Herron, currently President of the Company’s U.S. Automotive Group, will be retiring from his position effective as of the Effective Date”
Shareholder Votes
GENUINE PARTS CO shareholders approved Ratification of Ernst & Young LLP as independent auditors for 2023 at the 2023-05-01 meeting.
“The appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for fiscal 2023 was ratified. For Against Abstain Broker Non-Votes 116,329,177 5,762,758 120,964 —”
Shareholder Votes
GENUINE PARTS CO shareholders approved Advisory vote on the frequency of future Say-on-Pay votes at the 2023-05-01 meeting.
“An advisory vote on the frequency of future Say-on-Pay votes were as follows: Every One Year Every Two Years Every Three Years Abstain Broker Non-Votes 106,129,375 442,282 1,725,940 206,479 13,708,823”
Shareholder Votes
GENUINE PARTS CO shareholders approved Advisory vote on executive compensation (Say-on-Pay) at the 2023-05-01 meeting.
“An advisory vote on executive compensation ("Say-on-Pay") was approved. For Against Abstain Broker Non-Votes 99,894,395 8,351,147 258,535 13,708,823”
Shareholder Votes
GENUINE PARTS CO shareholders approved Election of Directors at the 2023-05-01 meeting.
“The following nominees were elected to serve as members of the Company's Board of Directors until the 2024 Annual Meeting: Name For Withheld Broker Non-Votes Elizabeth W. Camp 107,807,460 696,616 13,708,823 Richard Cox, Jr. 107,827,634 676,442 13,708,823 Paul D. Donahue 101,484,550 7,019,526 13,708,823 Gary P. Fayard 107,821,433 682,643 13,708,823 P. Russell Hardin 103,268,460 5,235,616 13,708,823 John R. Holder 105,677,344 2,826,732 13,708,823 Donna W. Hyland 100,777,975 7,726,101 13,708,823 John D. Johns 103,758,796 4,745,280 13,708,823 Jean-Jacques Lafont 106,859,322 1,644,754 13,708,823 Robert C. “Robin” Loudermilk, Jr. 105,110,385 3,393,691 13,708,823 Wendy B. Needham 102,372,255 6,131,821 13,708,823 Juliette W. Pryor 106,842,722 1,661,354 13,708,823 E. Jenner Wood, III 107,183,689 1,320,387 13,708,823”
Earnings Releases
GENUINE PARTS CO reported the first quarter ended March 31, 2023 results: revenue $5.8 billion, net income $304 million, EPS $2.14. Guidance raised.
“Genuine Parts Company Reports First Quarter 2023 Results And Raises Full Year Outlook • Record Sales of $5.8 Billion, Up 8.9% • Diluted EPS of $2.14, Up 24.4%, or Up 15.1% from Adjusted Diluted EPS in 2022 • Updates 2023 Outlook: ◦ Reaffirms Revenue Growth of 4% to 6% ◦ Increases Diluted EPS to $8.95 to $9.10, Up from $8.80 to $8.95 ◦ Increases Cash From Operations to $1.3 Billion to $1.4 Billion, Up from $1.2 Billion to $1.4 Billion”
Earnings Releases
GENUINE PARTS CO reported the year ended December 31, 2023 results: EPS $8.80 to $8.95. Guidance initiated.
“Free Cash Flow of $1.1 billion, Up 13.6% • Returned $719 million to Shareholders via Cash Dividends and Share Repurchases 2023 Outlook • Revenue Growth of 4% to 6% • Diluted EPS of $8.80 to $8.95 ATLANTA - Genuine Parts Company (NYSE: GPC) announced today its results for the fourth quarter and twelve months ended December 31, 2022.”
Earnings Releases
GENUINE PARTS CO reported the full year ended December 31, 2022 results: revenue $22.1 billion, net income $1.2 billion, EPS $8.31 per diluted share.
“Sales in 2022 were $22.1 billion, a 17.1% increase from $18.9 billion in 2021. Net income for the twelve months was $1.2 billion, or $8.31 per diluted share.”
Earnings Releases
GENUINE PARTS CO reported the fourth quarter ended December 31, 2022 results: revenue $5.5 billion, net income $252 million, EPS $1.77 per diluted share.
“Sales were $5.5 billion, a 15.0% increase compared to $4.8 billion in the same period of the prior year. The improvement is attributable to an 11.1% increase in comparable sales and an 8.0% benefit from acquisitions, partially offset by a 4.1% unfavorable impact of foreign currency and other. Net income was $252 million, or a diluted EPS of $1.77.”
William P. Stengel was appointed as President and Chief Operating Officer at GENUINE PARTS CO.
“appointed William P. Stengel to the position of President and Chief Operating Officer”
Napoleon B. Rutledge, Jr. resigned as Senior Vice President of Finance and Chief Accounting Officer at GENUINE PARTS CO.
“On February 21, 2022, Napoleon B. Rutledge, Jr., notified Genuine Parts Company (the “Company”), of his intention to resign as Senior Vice President of Finance and Chief Accounting Officer, effective as of February 21, 2022, in order to pursue a new opportunity.”
Herbert C. Nappier was appointed as Executive Vice President and Chief Financial Officer-Elect at GENUINE PARTS CO.
“In connection with Ms. Yancey’s retirement, the Company announced the appointment of Herbert C. Nappier as Executive Vice President and Chief Financial Officer-Elect, effective as of February 28, 2022, and Executive Vice President and Chief Financial Officer, effective as of May 2, 2022.”
Carol B. Yancey departed as Executive Vice President and Chief Financial Officer at GENUINE PARTS CO.
“Carol B. Yancey will retire as Executive Vice President and Chief Financial Officer effective as of May 2, 2022.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.