8-K
GENUINE PARTS CO (GPC)
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
July 14, 2020
Date of Report (date of earliest event reported)
GENUINE PARTS COMPANY
(Exact name of registrant as specified in its charter)
| GA | 001-05690 | 58-0254510 | ||
|---|---|---|---|---|
| (State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||
| 2999 WILDWOOD PARKWAY, | ||||
| ATLANTA, | GA | 30339 | ||
| (Address of principal executive offices) | (Zip Code) |
(678) 934-5000
Registrant's telephone number, including area code
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 (see General Instruction A.2. below):
☐ 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 CF.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))
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| Common Stock, $1.00 par value per share | GPC | New York Stock Exchange |
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. ☐
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
On July 14, 2020, Genuine Parts Company announced that, effective today, Scott A. Sonnemaker has resigned from his position as Group President, North American Automotive.
A copy of the press release is furnished with this Current Report on Form 8-K as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit Number | Description |
|---|---|
| 99.1 | Press Release dated July 14, 2020 |
| 104 | The cover page from this current report on Form 8-K, formatted in inline XBRL |
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.
| Genuine Parts Company | ||
|---|---|---|
| July 14, 2020 | By: | /s/ Carol B. Yancey |
| Name: Carol B. Yancey | ||
| Title: Executive Vice President and CFO |
Document
| GENUINE PARTS COMPANY | |
|---|---|
| NEWS RELEASE |
FOR IMMEDIATE RELEASE
GENUINE PARTS COMPANY ANNOUNCES
OFFICER RESIGNATION
Atlanta, Georgia, July 14, 2020 – Genuine Parts Company (NYSE: GPC) announced today that Scott A. Sonnemaker has resigned from his position as Group President, North American Automotive, to pursue other opportunities. Mr. Sonnemaker joined the Company in this newly created role in February 2019.
Paul Donahue, Chairman and Chief Executive Officer of GPC, stated, "We thank Scott for his many contributions since joining GPC and wish him the very best in his future endeavors. Scott’s role was created to advance the Company’s global focus and GPC has made significant progress in this area during his tenure. As a result, our talented and experienced management teams are well-positioned to build on this progress and maximize the future growth potential for our automotive business in North America.”
About Genuine Parts Company
Founded in 1928, Genuine Parts Company is a global service organization engaged in the distribution of automotive replacement parts and industrial parts. The Company’s Automotive Parts Group distributes automotive replacement parts in the U.S., Canada, Mexico, Australasia, France, the U.K., Germany, Poland, the Netherlands and Belgium. The Company’s Industrial Parts Group distributes industrial replacement parts in the U.S., Canada, Mexico and Australasia. Genuine Parts Company had 2019 revenues of $19.4 billion. Further information is available at www.genpt.com.
GPC Contacts
Carol B. Yancey, Executive Vice President and CFO – (678) 934-5044
Sidney G. Jones, Senior Vice President - Investor Relations - (678) 934-5628