ATLANTA, April 25, 2016 /PRNewswire/ -- Genuine Parts
Company (NYSE: GPC) announced today that its Board of Directors
elected Paul D. Donahue to the
position of President and Chief Executive Officer of the Company,
effective May 1, 2016. Mr.
Donahue, 59, has served as President of the Company since 2012 and
was also President of the U.S. Automotive Parts Group from 2009 to
2015. Previously, he served as Executive Vice President of
Genuine Parts Company from 2007 to 2009 and President and Chief
Operating Officer of S. P. Richards Company from 2003 to 2007.
Prior to joining the Company in 2003, Mr. Donahue was
President of Newell Rubbermaid's
Sanford North American division.
Tom Gallagher, Chairman and Chief
Executive Officer of the Company, will continue in his position as
Chairman of the Board of Directors.
Mr. Gallagher stated, "We are extremely pleased to name Paul as
only the fifth CEO in the 88 year history of Genuine Parts
Company. Paul is a proven executive and has demonstrated
exceptional leadership capabilities in his 13 years with us.
His deep knowledge and understanding of the Company as well as his
vast industry experience make him the right person to successfully
lead our Company into the future."
About Genuine Parts Company
Genuine Parts Company is a distributor of automotive replacement
parts in the U.S., Canada,
Mexico and Australasia. The
Company also distributes industrial replacement parts in the U.S.,
Canada and Mexico through its Motion Industries
subsidiary. S. P. Richards Company, the Office Products
Group, distributes business products in the U.S. and Canada. The Electrical/Electronic Group, EIS,
Inc., distributes electrical and electronic components throughout
the U.S., Canada and Mexico.
Genuine Parts Company had 2015 revenues of $15.3 billion.
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SOURCE Genuine Parts Company