Personnel
Genuine Parts Co. Announces Officer Change
The company's board of directors also declared a regular quarterly dividend.
The company's board of directors also declared a regular quarterly dividend.
Sales of $4.8 billion, Up 25.1%.
Naveen Krishna joins GPC as executive vice president and chief information & digital officer.
The dividend is payable July 1, 2021 to shareholders of record June 4, 2021.
Napoleon Rutledge appointed to chief accounting officer.
Net income from continuing operations was $171.6 million, or a diluted earnings per share of $1.18.
The company also reported that 2021 marks the 65th consecutive year of increased dividends paid to shareholders.
Vaca Valley Auto Parts has been a successful auto parts store in Fairfield, California, since 1974.
The board of directors declared a regular quarterly cash dividend of $0.79 per share on the company's common stock.
GPC intends to use the net proceeds from this offering to repay outstanding indebtedness.
