Workflow
Genuine Parts Company Announces Changes to the Board and Declares Regular Quarterly Dividend
GPCGenuine Parts pany(GPC) Prnewswire·2025-04-29 12:30

Company Overview - Genuine Parts Company, established in 1928, is a leading global service provider of automotive and industrial replacement parts and value-added solutions [3] - The Automotive Parts Group operates across multiple countries including the U.S., Canada, Mexico, and several European nations, while the Industrial Parts Group serves customers primarily in North America and Australasia [3] - The company maintains a vast network of over 10,700 locations in 17 countries, supported by more than 63,000 employees [3] Leadership Changes - The company expressed gratitude to retiring board members Gary, Johnny, Betsy, and Wendy for their service and contributions [2] - Laurie has been welcomed to the Board of Directors, bringing extensive financial and accounting expertise, which is expected to enhance the board's capabilities [2] Financial Information - GPC's Board of Directors declared a regular quarterly cash dividend of $1.03 per share on the company's common stock, payable on July 2, 2025, to shareholders of record on June 6, 2025 [2]