GPC names leadership teams ahead of its corporate separation
Court Carruthers becomes GPC CEO-elect while Will Stengel leads Motion. Both companies host investor days in December before the split completes in early 2027.
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Global provider of automotive and industrial replacement parts and solutions
genpt.comLast updated
In short: GPC announced plans to separate its automotive and industrial businesses by early 2027 and appointed new leadership for both entities.
Court Carruthers becomes GPC CEO-elect while Will Stengel leads Motion. Both companies host investor days in December before the split completes in early 2027.
Sales rose 6% to $6.5 billion, reaffirming adjusted EPS outlook of $7.50-$8.00.
The earnings release and presentation are available for download.
Sales rise 6.8% to $6.3B. Net income $189M. Reaffirms full-year outlook. Separation on track for 2027.
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