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Genuine Parts Company Names Leadership Teams and Board Leadership for Automotive and Industrial Businesses

  • Genuine Parts Company announced leadership appointments for its Automotive and Industrial businesses ahead of a planned separation into two independent public companies.
  • The separation is targeted for completion in the first quarter of 2027, subject to customary regulatory conditions.
  • Upon separation, the Automotive business will operate as Genuine Parts Company (GPC) and the Industrial business as Motion.
  • Court Carruthers, a current GPC Board member, has been appointed Chief Executive Officer-elect of GPC and will assume the CEO role post-separation.
  • Jean-Jacques Lafont will serve as Non-Executive Chairman of GPC upon completion of the separation.
  • Will Stengel will transition from his current role to become Chairman and Chief Executive Officer of Motion.
  • Bert Nappier will serve as Executive Vice President, Chief Financial and Operating Officer of GPC effective immediately.
  • Motion's leadership team includes James Howe as President and Chief Operating Officer and Howard Yu as Executive Vice President and Chief Financial Officer.
  • GPC and Motion will host separate Investor Days in New York City on December 8, 2026, and December 9, 2026, respectively.
  • The GPC Board is currently in discussions with candidates for Motion's board of directors to be announced upon the separation.