ATLANTA, April 30,
2024 /PRNewswire/ -- Genuine Parts Company (NYSE:
GPC), a leading global distributor of automotive and industrial
replacement parts, announced that its shareholders elected Mr.
Charles "Chuck" K. Stevens as a new director of the company.
Additionally, Mr. E. Jenner Wood has retired as a director.
Mr. Stevens held the position of executive vice president and
chief financial officer of General Motors Company from 2014 to
2018. Prior to that role, he held a variety of leadership positions
within General Motors Company's finance team.
"We want to extend our sincere gratitude to Jenner for his
nearly 10 years of service on our board. We thank him for his
leadership and many contributions to GPC," said Paul Donahue, Chairman and CEO. "As Jenner
retires, we would also like to welcome Chuck to our Board of
Directors. His extensive experience in the automotive industry,
along with his financial and accounting expertise, make him a
valuable addition to our board. We look forward to his future
contributions to GPC."
In addition, GPC's Board of Directors declared a regular
quarterly cash dividend of one dollar
($1.00) per share on the company's
common stock. The dividend is payable July
1, 2024 to shareholders of record June 7, 2024.
About Genuine Parts Company
Established in 1928,
Genuine Parts Company is a leading global service organization
specializing in the distribution of automotive and industrial
replacement parts. Our Automotive Parts Group operates across the
U.S., Canada, Mexico, Australasia, France, the U.K., Ireland, Germany, Poland, the
Netherlands, Belgium,
Spain and Portugal, while our Industrial Parts Group
serves customers in the U.S., Canada, Mexico and Australasia. We keep the world
moving with a vast network of over 10,700 locations spanning 17
countries supported by more than 60,000 teammates. Learn more at
genpt.com.
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SOURCE Genuine Parts Company