Advance Auto Parts Appoints Jeff Vining as General Counsel

Rhea-AI Summary

Advance Auto Parts (NYSE: AAP) has appointed Jeff Vining as executive vice president, general counsel and corporate secretary, effective March 2, 2025. Vining will oversee the company's legal, corporate governance, and compliance functions, reporting directly to CEO Shane O'Kelly.

The appointment follows the retirement of Tammy Finley, who served the company for 27 years in legal, human resources, and communications roles. Finley will remain in an advisory capacity to support the transition.

Vining brings over 20 years of legal expertise in publicly traded companies, most recently serving as general counsel at Unifi. Previously, at Lowe's Companies, he managed litigation, complex transactions, compliance, and enterprise risk management, leading a team of more than 75 professionals.

Positive

• Appointment of experienced legal executive with 20+ years expertise in publicly traded companies
• Smooth transition plan with retiring counsel staying as advisor
• New counsel brings significant experience in business transformations and efficiency improvements

Negative

• Loss of 27-year veteran executive with deep institutional knowledge

RALEIGH, N.C.--(BUSINESS WIRE)-- Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installers and do-it-yourself customers, today announced that it has appointed Jeff Vining as executive vice president, general counsel and corporate secretary, effective March 2, 2025. In this role, Mr. Vining will be responsible for all aspects of the Company’s legal, corporate governance, and compliance functions. Jeff will report directly to Shane O’Kelly, president and chief executive officer.

Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installers and do-it-yourself customers, today announced that it has appointed Jeff Vining as executive vice president, general counsel and corporate secretary, effective March 2, 2025. (Photo: Business Wire)

Tammy Finley, who currently serves in this role, is retiring and will stay with Advance in an advisory capacity to support the transition. Tammy spent 27 years at Advance in the legal, human resources, and communications functions. She was vital in leading the company through almost three decades of growth and change management, and most recently, the divestiture of the Worldpac business.

“Jeff’s experience in supporting successful business transformations and driving efficiencies is critical for the success of our strategic action plan,” O’Kelly said. “We are thankful for Tammy’s many contributions over the years along with her passion for Advance and our team members. We wish her all the best as she retires.”

Mr. Vining brings more than 20 years of deep legal expertise within publicly traded companies, including key areas such as corporate governance, M&A, risk management, labor and employment, and litigation. Most recently, Mr. Vining served as general counsel and secretary at Unifi, Inc., where he was responsible for the company’s global legal functions and ensuring compliance with corporate governance requirements. A significant portion of his career was spent at Lowe’s Companies, Inc., where he served in senior roles including senior vice president, deputy general counsel, chief compliance officer, and assistant secretary. At Lowe’s, Mr. Vining’s passion for protecting the brand played a critical role in managing litigation, complex transactions, compliance, and enterprise risk management, while leading a team of more than 75 professionals.

Mr. Vining received his Doctorate of Jurisprudence at the University of Richmond School of Law in Richmond, Virginia, and his Bachelor of Science from James Madison University in Harrisonburg, Virginia.

About Advance Auto Parts

Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installers and do-it-yourself customers. As of October 5, 2024, Advance operated 4,781 stores primarily within the United States, with additional locations in Canada, Puerto Rico, and the U.S. Virgin Islands. The company also served 1,125 independently owned Carquest branded stores across these locations in addition to Mexico and various Caribbean islands. Additional information about Advance, including employment opportunities, customer services, and online shopping for parts, accessories and other offerings can be found at www.AdvanceAutoParts.com.

Forward-Looking Statements

Certain statements herein are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are usually identifiable by words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “forecast, “guidance,” “intend,” “likely,” “may,” “plan,” “position,” “possible,” “potential,” “probable,” “project,” “should,” “strategy,” “will,” or similar language. All statements other than statements of historical fact are forward-looking statements, including, but not limited to, statements about anticipated service of executives, the company’s strategic initiatives, operational plans and objectives, future business and financial performance, as well as statements regarding underlying assumptions related thereto. Forward-looking statements reflect the company’s views based on historical results, current information and assumptions related to future developments. Except as may be required by law, the company undertakes no obligation to update any forward-looking statements made herein. Forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those projected or implied by the forward-looking statements. They include, among others, the company’s ability to hire, train and retain qualified employees, the timing and implementation of strategic initiatives, deterioration of general macroeconomic conditions, geopolitical conflicts, the highly competitive nature of the industry, demand for the company’s products and services, access to financing on favorable terms, complexities in the company’s inventory and supply chain and challenges with transforming and growing its business. Please refer to “Item 1A. Risk Factors” of the company’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”), as updated by the company’s subsequent filings with the SEC, for a description of these and other risks and uncertainties that could cause actual results to differ materially from those projected or implied by the forward-looking statements.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250206973321/en/

Investor Relations Contact:

Lavesh Hemnani

T: (919) 227-5466

E: invrelations@advance-auto.com



Media Contact:

Nicole Ducouer

T: (984)-389-7207

E: AAPCommunications@advance-auto.com

Source: Advance Auto Parts, Inc.

FAQ

When will Jeff Vining start as General Counsel at Advance Auto Parts (AAP)?

Jeff Vining will start as executive vice president, general counsel and corporate secretary at Advance Auto Parts on March 2, 2025.

Who is Jeff Vining replacing at Advance Auto Parts (AAP)?

Jeff Vining is replacing Tammy Finley, who is retiring after 27 years with the company in legal, human resources, and communications roles.

What is Jeff Vining's previous experience before joining AAP?

Jeff Vining previously served as general counsel at Unifi, Inc., and held senior roles at Lowe's Companies, including senior vice president, deputy general counsel, and chief compliance officer.

What will be Jeff Vining's responsibilities at Advance Auto Parts (AAP)?

Jeff Vining will be responsible for all aspects of the company's legal, corporate governance, and compliance functions, reporting directly to CEO Shane O'Kelly.