Genuine Parts Company Announces Officer Change and Declares Regular Quarterly Dividend
On August 16, 2021, Genuine Parts Company (NYSE: GPC) announced the appointment of Kristy G. Whitehurst as Vice President of Employee Benefits.
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Rhea-AI Summary
On August 16, 2021, Genuine Parts Company (NYSE: GPC) announced the appointment of Kristy G. Whitehurst as Vice President of Employee Benefits. Having served the company for 14 years, she will now lead its employee benefits programs. Additionally, the Board of Directors declared a quarterly cash dividend of $0.815 per share, payable on October 1, 2021, to shareholders recorded by September 3, 2021.
Positive
- Appointment of experienced leader Kristy G. Whitehurst enhances the leadership team.
- Quarterly cash dividend of $0.815 signifies ongoing shareholder value and commitment.
Negative
- None.
Details
News Market Reaction – GPC
The recorded move for GPC in the trading session of this news was -1.79%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ATLANTA, Aug. 16, 2021 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC) announced today that Kristy G. Whitehurst was appointed Vice President of Employee Benefits. Ms. Whitehurst has served the Company for 14 years, most recently serving as Senior Director for Retirement, Disability and Rewards for the last four years. In her expanded role, Ms. Whitehurst will lead GPC's comprehensive employee benefits programs and drive our long-term benefits strategy.
Will Stengel, President, commented, "Kristy is an expert in the field of employee benefits and well deserving of her new and expanded role. Her experience further strengthens our leadership team, and we look forward to Kristy's future contributions to GPC."
Genuine Parts Company also announced today its Board of Directors declared a regular quarterly cash dividend of eighty-one and one-half cents (
The dividend is payable October 1, 2021 to shareholders of record September 3, 2021.
About Genuine Parts Company
Founded in 1928, Genuine Parts Company is a global service organization engaged in the distribution of automotive and industrial replacement parts. The Company's Automotive Parts Group distributes automotive replacement parts in the U.S., Canada, Mexico, Australasia, France, the United Kingdom, Germany, Poland, the Netherlands and Belgium. The Company's Industrial Parts Group distributes industrial replacement parts in the U.S., Canada, Mexico and Australasia. In total, the Company serves its global customers from an extensive network of more than 10,000 locations in 14 countries. Genuine Parts Company had 2020 revenues of
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SOURCE Genuine Parts Company
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