Genuine Parts Company Announces Officer Changes
23 February 2000
Genuine Parts Company Announces Officer Changes
ATLANTA--Feb. 23, 2000--Genuine Parts Company announced retirements and officer changes approved by the Board of Directors. Larry Prince, Chairman of the Board of Directors, commented on the following retirements: "Robert J. Breci, Executive Vice President, plans to retire in May 2000. Bob has played a significant role at Genuine Parts Company during his 37 years of service. In addition, Thomas W. Wright, Vice President, retired in January, 2000 after 31 years of service. We deeply appreciate their many years of dedicated support."The Board of Directors also approved the following corporate officer changes. Jerry W. Nix was elected Executive Vice President - Finance. Mr. Nix has been with the Company for 21 years. In addition, Carol B. Yancey was elected to the position of Vice President. Ms. Yancey has been with the Company for 9 years and has served as Corporate Secretary since 1995, a position she continues to hold. In addition, Karl J. Koenig was elected Vice President of Real Estate and Construction. Mr. Koenig has been with the Company for 6 years.
In addition, the Board of Directors approved the following U.S. Automotive Parts Group officer changes. After 24 years with the Company, Glenn M. Chambers was elected Executive Vice President - Operations. David P. Cockerill was elected Vice President - Accounting and Information Systems. Dave has been with the Company for 38 years. Jay C. Burnworth was elected Vice President - TAMS after 32 years with the Company. Further, after serving 18 years, R. Craig Bierman was elected Vice President - TRACS. Finally, Joe H. Lindsay was elected Vice President - Employee Development.
In November, Robert L. Fitts was promoted to Chairman and CEO at S. P. Richards Company, our Office Products subsidiary. Bob has held the position of President and COO since 1988 and will continue to provide excellent leadership to our Office Products Group. We are pleased that Robert K. Scribner has joined S. P. Richards as President and COO. We are fortunate to have this experienced industry executive join us and add to the strength and depth of our management team at S. P. Richards.
Mr. Prince concluded: "We are pleased with these promotions and are fortunate to have a successful and experienced group of executives from which to select. We believe we have a solid management team in place that will support our efforts to achieve the growth we are looking for in the future.
Genuine Parts Company is a distributor of automotive replacement parts, industrial replacement parts, office products, and electronic/electrical components from operations in the United States, Canada, and Mexico.