ADVANCE AUTO PARTS, INC. (NYSE:AAP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
agreed with Charles E. Tyson, Executive Vice President,
Merchandising, Marketing and Replenishment, that the Company will
accept his resignation and his employment with the Company will
terminate, effective April 29, 2017.
2017, Mr. Tyson will receive severance benefits consistent with
the provisions regarding termination of employment by the
executive for good reason contained in his employment agreement
with the Company, dated as of April 29, 2013, as subsequently
amended, and described in the Companys 2016 Proxy Statement.
registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
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ADVANCE AUTO PARTS, INC.
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(Registrant)
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Date: March 9, 2017
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/s/ Thomas B. Okray
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()*
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Thomas B. Okray
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Executive Vice President and Chief Financial Officer
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About ADVANCE AUTO PARTS, INC. (NYSE:AAP)
Advance Auto Parts, Inc. provides automotive aftermarket parts in North America, serving do-it-for-me (commercial) and do-it-yourself (DIY), customers, as well as independently owned operators. The Company’s stores and branches offer a selection of brand name, original equipment manufacturer (OEM) and private label automotive replacement parts, accessories, batteries and maintenance items for domestic and imported cars, vans, sport utility vehicles and light and heavy duty trucks. The Company also offers other miscellaneous offerings, including e-services. The Company operates approximately 5,170 total stores and over 120 branches, which operate in the United States, Canada, Puerto Rico and the United States Virgin Islands under the names Advance Auto Parts, Autopart International (AI), Carquest and Worldpac. The Company serves its commercial customers and DIY customers through various channels ranging from traditional brick and mortar store locations to self-serving e-commerce sites. ADVANCE AUTO PARTS, INC. (NYSE:AAP) Recent Trading Information
ADVANCE AUTO PARTS, INC. (NYSE:AAP) closed its last trading session down -0.06 at 155.15 with 1,024,428 shares trading hands.