UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 15, 2022

ADVANCE AUTO PARTS, INC.

(Exact name of registrant as specified in its charter)

Delaware	001-16797	54-2049910
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

4200 Six Fork Road, Raleigh, North Carolina 27609

(Address of principal executive offices) (Zip Code)

(540) 362-4911

(Registrant's telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Securities Registered Pursuant to Section 12(b) of the Act:

Title of each class	Trading symbol	Name of each exchange on which registered
Common Stock, $0.0001 par value	AAP	New York Stock Exchange

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

INFORMATION TO BE INCLUDED IN THE REPORT

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 15, 2022, the Board of Directors (the “Board”) of Advance Auto Parts, Inc. (the “Company”) appointed Joan M. Hilson to the Board, effective March 15, 2022. The Board has not yet determined on which committee(s) Ms. Hilson will serve. There is no arrangement or understanding with any person pursuant to which Ms. Hilson was appointed as a director, and she will receive compensation for service as a director in accordance with the Company’s policy for compensation of non-employee directors.

In connection with her appointment to the Board, Ms. Hilson is expected to enter into the Company’s standard form of indemnification agreement, a copy of which is filed as Exhibit 10.1 to the Company’s Annual Report on Form 10-K and is incorporated herein by reference.

Item 7.01 Regulation FD Disclosure

On March 16, 2022, the Company issued a press release regarding the appointment of Ms. Hilson to the Board, a copy of which is attached hereto as Exhibit 99.1 and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number
99.1	Press release issued onMarch16, 2022
101.1	Pursuant to Rule 406 of Regulation S-T, the cover page to this Current Report on Form 8-K is formatted in Inline XBRL.
104.1	Cover Page Interactive Data File (embedded within the Inline XBRL document included in Exhibit 101.1).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	ADVANCE AUTO PARTS, INC.
Date: March 16, 2022	/s/ Jeffrey W. Shepherd
	Jeffrey W. Shepherd
	Executive Vice President, Chief Financial Officer

Document

Exhibit 99.1

Advance Auto Parts Appoints Experienced Finance Executive to Its Board of Directors

RALEIGH, N.C. (March 16, 2022) – Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts retailer, today announced Joan Hilson, Signet Jewelers Ltd. Chief Financial & Strategy Officer, has been appointed to its Board of Directors effective March 15, 2022.

Hilson, 62, has more than 35 years of finance experience primarily in the retail industry. She joined Signet in 2019 and is currently the Chief Financial and Strategy Officer. Hilson is a transformative leader delivering on Signet’s Inspiring Brilliance strategy that is intended to drive profitable growth through innovation, capital management, real estate optimization and expansion of market share.

Previously, Hilson served as Chief Financial Officer of David’s Bridal from 2014-2019. Prior to 2014, she served in a variety of finance roles of increasing responsibility, including Chief Financial Officer, with American Eagle Outfitters, Inc. from 2005-2012, and Limited Brands, Inc. from 1993-2005 where she served as Chief Financial Officer, Victoria’s Secret Stores division. Hilson began her career with the accounting firm of Coopers & Lybrand.

“We are pleased to welcome Joan to our diverse and talented Advance Auto Parts Board of Directors,” said Eugene I. Lee, Jr., Chair of the Board of Directors. “As we continue to focus on transforming and growing our business to meet the evolving needs of our customers, Joan’s deep finance and retail experience will be invaluable. I look forward to working closely with her as we continue to execute our strategy and drive shareholder value.”

About Advance Auto Parts

Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers. As of January 1, 2022, Advance operated 4,706 stores and 266 Worldpac branches primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands. The company also served 1,317 independently owned Carquest branded stores across these locations in addition to Mexico and various Caribbean islands. Additional information about Advance, including employment opportunities, customer services, and online shopping for parts, accessories and other offerings can be found at www.AdvanceAutoParts.com.

#

Advance Auto Parts Contacts:
Investor Relations:	Media Relations:
Elisabeth Eisleben	Darryl Carr
T: (919) 227-5466	T: (984) 389-7207
E: invrelations@advanceautoparts.com	E: darryl.carr@advance-auto.com