ATLANTA -- The Genuine Parts Co. (GPC) Board of Directors yesterday elected Michael Orr to the position of senior vice president - operations and logistics. Previously, Orr served as senior vice president - operations and logistics of the company's office products subsidiary, S.P. Richards.
Tom Gallagher, chairman, president and chief executive officer, commented, "In Mike's tenure at S.P. Richards, we have had the opportunity to see the positive impact of his contributions to the office products business. We are pleased to have Mike joining the GPC headquarters' team and leading our efforts to leverage our talent and resources across the company as we work to enhance our operational excellence and reduce our cost structure."
The board of directors also yesterday declared a regular quarterly cash dividend of 40 cents per share on the company's common stock. The dividend is payable Oct. 1, to shareholders of record Sept. 4.