GPC Announces Officer Changes
Napoleon Rutledge Jr. was named senior vice president of finance, and Derek Goshay was appointed vice president of safety and sustainability.
GPC Acquires Merle’s Automotive Supply; Posts First Quarter Sales And Earnings
The acquisition of Merle’s Automotive Supply expands GPC’s U.S. automotive footprint in Arizona.
GPC Reports Sales And Earnings For The 3rd Quarter
The company has reported sales of $3.94 billion and earnings per share of $1.24.
GPC’s Industrial Division Makes Acquisition
Founded in 1961, Braas Co. is based in Eden Prairie, Minnesota, and serves thousands of customers throughout the Midwest and Southeastern United States from a network of five sales offices and three warehouses. The addition of Braas Co. is expected to generate annual revenues of approximately $90 million.
Industry Icon Bill Hatcher, Former GPC President And Chief Operating Officer, Passed Away June 17
Hatcher began his long career with GPC in 1940 when he was a student at Georgia Evening College (now Georgia State University) in Atlanta. After serving in the U.S. Army Air Corps from 1942-1945, Hatcher returned to GPC in Atlanta. He was transferred to GPC’s facilities in Birmingham, Alabama, and New Orleans, but moved back to Atlanta in 1961 as president of the Atlanta operations.
GPC Reports First Quarter Sales And Earnings
Sales for the first quarter ended March 31 were up 3 percent, the company says.
GPC Elects Three New Corporate Officers
ATLANTA, Ga. – Genuine Parts Co.‘s (GPC) board of directors has elected three new corporate officers. Robert Milstead was named senior vice president digital, Thomas Davis was named vice president supplier business IT and Jennifer Ellis was named corporate secretary and associate counsel. Milstead joined the company in January 2015 and brings with him more
GPC Reports Sales And Earnings For The Second Quarter Ended June 30
Company generates record sales of $3.9 billion and earnings per share of $1.28.
GPC Reports 2013 Fourth Quarter, Full Year Results
Tom Gallagher, chairman and CEO, announced today that sales in 2013 were $14.1 billion, up 8 percent compared to 2012.
GPC Completes Acquisition Of Remaining 70 Percent Of Exego Group
Genuine Parts Company (GPC) has completed the purchase of the remaining 70 percent stake of Australia’s Exego Group for approximately $650 million in cash and the assumption of approximately $160 million in net debt. The deal became effective April 1, 2013.