Genuine Parts Company Announces Board Leadership Transition

Core Viewpoint - Genuine Parts Company announces the retirement of Non-Executive Chairman Paul D. Donahue and the appointment of Will Stengel, the current President and CEO, as Chair-Elect, consolidating leadership roles to enhance operational performance and shareholder value [1][2][3]. Leadership Transition - Paul D. Donahue will retire from the Board of Directors at the 2026 annual meeting, having served the company for over two decades, during which he streamlined the portfolio and strengthened governance [1][2]. - Will Stengel, who has been with the company in various leadership roles since 2019, will assume the combined position of Chairman and CEO, promoting unified leadership and leveraging his operational and strategic expertise [1][2][4]. Company Background - Genuine Parts Company, established in 1928, is a leading global service provider of automotive and industrial replacement parts, operating in 17 countries with over 10,700 locations and more than 63,000 employees [4].