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Genuine Parts Company Announces Changes to the Board and Declares Regular Quarterly Dividend

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Genuine Parts Company (NYSE: GPC) announced significant changes to its Board of Directors and declared its regular quarterly dividend. The company welcomed Laurie Schupmann as a new director, bringing nearly 40 years of experience from PwC where she served as a Global Client Partner until 2023.

Four directors - Gary Fayard, Johnny Johns, Betsy Camp, and Wendy Needham - have stepped down from the board after reaching mandatory retirement age. Paul Donahue, Non-Executive Chairman, expressed gratitude for their service while highlighting Schupmann's financial and accounting expertise as valuable additions to the board.

The company also declared a quarterly cash dividend of $1.03 per share on common stock, payable on July 2, 2025, to shareholders of record as of June 6, 2025.

Genuine Parts Company (NYSE: GPC) ha annunciato importanti cambiamenti nel suo Consiglio di Amministrazione e ha dichiarato il dividendo trimestrale ordinario. L'azienda ha accolto Laurie Schupmann come nuova direttrice, che porta con sé quasi 40 anni di esperienza presso PwC, dove ha ricoperto il ruolo di Global Client Partner fino al 2023.

Quattro amministratori - Gary Fayard, Johnny Johns, Betsy Camp e Wendy Needham - si sono dimessi dal consiglio dopo aver raggiunto l'età pensionabile obbligatoria. Paul Donahue, Presidente Non Esecutivo, ha espresso gratitudine per il loro servizio, sottolineando come l’esperienza di Schupmann nel campo finanziario e contabile rappresenti un prezioso valore aggiunto per il consiglio.

L'azienda ha inoltre dichiarato un dividendo in contanti trimestrale di 1,03 $ per azione sulle azioni ordinarie, pagabile il 2 luglio 2025 agli azionisti registrati al 6 giugno 2025.

Genuine Parts Company (NYSE: GPC) anunció cambios importantes en su Junta Directiva y declaró su dividendo trimestral regular. La compañía dio la bienvenida a Laurie Schupmann como nueva directora, aportando casi 40 años de experiencia en PwC, donde se desempeñó como Global Client Partner hasta 2023.

Cuatro directores - Gary Fayard, Johnny Johns, Betsy Camp y Wendy Needham - renunciaron a la junta tras alcanzar la edad obligatoria de jubilación. Paul Donahue, Presidente No Ejecutivo, expresó su agradecimiento por su servicio y destacó la experiencia financiera y contable de Schupmann como una valiosa incorporación a la junta.

La compañía también declaró un dividendo trimestral en efectivo de $1.03 por acción sobre acciones comunes, pagadero el 2 de julio de 2025 a los accionistas registrados al 6 de junio de 2025.

Genuine Parts Company (NYSE: GPC)는 이사회의 주요 변동 사항을 발표하고 정기 분기 배당금을 선언했습니다. 회사는 PwC에서 2023년까지 글로벌 클라이언트 파트너로 근무하며 거의 40년의 경력을 쌓은 Laurie Schupmann을 신규 이사로 영입했습니다.

네 명의 이사인 Gary Fayard, Johnny Johns, Betsy Camp, Wendy Needham는 정년 퇴임으로 이사회에서 물러났습니다. 비상임 의장인 Paul Donahue는 그들의 공헌에 감사를 표하며 Schupmann의 재무 및 회계 전문성이 이사회에 큰 도움이 될 것이라고 강조했습니다.

회사는 또한 보통주 1주당 1.03달러의 분기 현금 배당금을 선언했으며, 2025년 7월 2일에 2025년 6월 6일 기준 주주에게 지급될 예정입니다.

Genuine Parts Company (NYSE : GPC) a annoncé des changements importants au sein de son conseil d'administration et a déclaré son dividende trimestriel régulier. La société a accueilli Laurie Schupmann en tant que nouvelle administratrice, apportant près de 40 ans d'expérience chez PwC, où elle a occupé le poste de Global Client Partner jusqu'en 2023.

Quatre administrateurs - Gary Fayard, Johnny Johns, Betsy Camp et Wendy Needham - ont quitté le conseil après avoir atteint l'âge de la retraite obligatoire. Paul Donahue, président non exécutif, a exprimé sa gratitude pour leur service tout en soulignant l'expertise financière et comptable de Schupmann comme un atout précieux pour le conseil.

La société a également déclaré un dividende trimestriel en espèces de 1,03 $ par action sur les actions ordinaires, payable le 2 juillet 2025 aux actionnaires inscrits au 6 juin 2025.

Genuine Parts Company (NYSE: GPC) hat bedeutende Veränderungen in seinem Vorstand bekannt gegeben und seine reguläre Quartalsdividende erklärt. Das Unternehmen begrüßte Laurie Schupmann als neues Vorstandsmitglied, die fast 40 Jahre Erfahrung bei PwC mitbringt, wo sie bis 2023 als Global Client Partner tätig war.

Vier Direktoren – Gary Fayard, Johnny Johns, Betsy Camp und Wendy Needham – sind nach Erreichen des Pflichtpensionsalters aus dem Vorstand ausgeschieden. Paul Donahue, nicht geschäftsführender Vorsitzender, dankte ihnen für ihren Dienst und hob Schupmanns finanzielle und buchhalterische Expertise als wertvolle Ergänzung des Vorstands hervor.

Das Unternehmen erklärte außerdem eine vierteljährliche Bardividende von 1,03 $ pro Aktie auf Stammaktien, zahlbar am 2. Juli 2025 an Aktionäre, die am 6. Juni 2025 eingetragen sind.

Positive
  • New board member Laurie Schupmann brings 40 years of PwC experience in financial and accounting expertise
  • Maintained quarterly dividend of $1.03 per share, indicating financial stability
Negative
  • Loss of four experienced board members simultaneously due to mandatory retirement age

ATLANTA, April 29, 2025 /PRNewswire/ -- Genuine Parts Company (NYSE: GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced that its shareholders elected Ms. Laurie Schupmann as a new director of the company. Additionally, Messrs. Gary Fayard and Johnny Johns and Mses. Betsy Camp and Wendy Needham have each reached the mandatory retirement age for board members and have stepped down from their roles as directors.

Prior to her retirement in 2023, Ms. Schupmann spent nearly 40 years with PwC, an audit and assurance, consulting and tax advisory firm, serving in various leadership roles of increasing responsibility, including as a Global Client Partner from October 1995 to June 2023.

"We want to express our sincere gratitude to Gary, Johnny, Betsy and Wendy for their years of dedicated service, leadership and invaluable contributions to our Board," said Paul Donahue, Non-Executive Chairman. "As they retire, we are also pleased to welcome Laurie to our Board of Directors. Her extensive financial and accounting background, combined with her leadership expertise, makes her a valuable addition to our Board, and we look forward to her future contributions to GPC."

In addition, GPC's Board of Directors declared a regular quarterly cash dividend of one dollar and three cents ($1.03) per share on the company's common stock. The dividend is payable July 2, 2025 to shareholders of record June 6, 2025.

About Genuine Parts Company
Established in 1928, Genuine Parts Company is a leading global service provider of automotive and industrial replacement parts and value-added solutions. Our Automotive Parts Group operates across the U.S., Canada, Mexico, Australasia, France, the U.K., Ireland, Germany, Poland, the Netherlands, Belgium, Spain and Portugal, while our Industrial Parts Group serves customers in the U.S., Canada, Mexico and Australasia. We keep the world moving with a vast network of over 10,700 locations spanning 17 countries supported by more than 63,000 teammates. Learn more at genpt.com

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SOURCE Genuine Parts Company

FAQ

What is GPC's quarterly dividend payment for July 2025?

Genuine Parts Company (GPC) declared a quarterly cash dividend of $1.03 per share, payable on July 2, 2025, to shareholders of record as of June 6, 2025.

Who is Laurie Schupmann, the new GPC board director in 2025?

Laurie Schupmann is a former PwC executive with nearly 40 years of experience, who served as Global Client Partner from 1995 to 2023. She was elected as a new director of Genuine Parts Company in April 2025.

How many GPC board members retired in April 2025?

Four GPC board members retired in April 2025 after reaching mandatory retirement age: Gary Fayard, Johnny Johns, Betsy Camp, and Wendy Needham.

When is the record date for GPC's July 2025 dividend?

The record date for GPC's July 2025 dividend payment is June 6, 2025. Shareholders must own the stock by this date to receive the $1.03 per share dividend.

What changes occurred on GPC's Board of Directors in April 2025?

In April 2025, GPC added Laurie Schupmann as a new director while four existing directors - Gary Fayard, Johnny Johns, Betsy Camp, and Wendy Needham - stepped down due to reaching mandatory retirement age.
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Auto Parts
Wholesale-motor Vehicle Supplies & New Parts
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