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

1. Laurie Schupmann elected as new director for GPC. 2. Board members Gary Fayard, Johnny Johns, Betsy Camp, and Wendy Needham retire. 3. GPC declares a quarterly dividend of $1.03 per share. 4. Schupmann brings 40 years of leadership experience from PwC. 5. GPC operates over 10,700 locations in 17 countries.

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FAQ

Why Bullish?

The addition of an experienced director and consistent dividend policy can build investor confidence. Historical cases show experienced leadership often leads to positive stock performance.

How important is it?

Strong leadership changes and a stable dividend can enhance investor perception and attract new investors.

Why Long Term?

The strategic appointment of Schupmann is expected to have lasting implications for corporate governance and performance. Consistent dividend payments are proactive signals for investor trust and stability.

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, /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. Laurie Schupmann Named to Genuine Parts Company’s Board of 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 CompanyEstablished 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. SOURCE Genuine Parts Company WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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