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Provider: Thomson Reuters Stock Report
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Provider: New Constructs, LLC
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Genuine Parts Co Announces Executive Officer Changes; Declares Regular Quarterly Dividend

Monday, 19 Nov 2012 12:44pm EST 

Genuine Parts Co announced that Jerry Nix has informed the Board of Directors of his plan to retire as Chief Financial Officer of the Company, effective March 1, 2013. The Company also announced that its Board has elected Carol B. Yancey to the position of Executive Vice President of Finance and Corporate Secretary. Ms. Yancey will assume the role of Chief Financial Officer upon Mr. Nix's retirement. Ms. Yancey has been with the Company for nearly 22 years and was previously Senior Vice President of Finance and Corporate Secretary of Genuine Parts Company. The Board of Directors of the Company also declared a regular quarterly cash dividend of $0.495 per share on the Company's common stock. The dividend is payable January 2, 2013 to shareholders of record December 7, 2012. 

Company Quote

-0.15 -0.18%
4:05pm EDT