These two companies have market capitalizations of $53 billion and $71 billion, respectively. By comparison, Advance Auto ...

Investment management company First Pacific Advisors recently released its “FPA Queens Road Small Cap Value Fund” third quarter 2024 investor letter. A copy of the letter can be downloaded here. In ...

Advance Auto Parts, Inc. announced the close of the sale of Worldpac, Inc. to global investment firm Carlyle on November 4.

In other news, Advance announced that Shane O’Kelly, who most recently served as CEO of Home Depot’s HD Supply, will succeed Greco as president and CEO on Sept. 11. Greco announced plans for ...

A management shuffle had two CEOs at Advance Auto in 2023, former top executive Tom Greco and newly-installed Shane O’Kelly. Advance aggregated both their total compensations sums to just under ...

AAPEX and the SEMA Show are underway in Las Vegas as part of Automotive Aftermarket Industry Week and the Auto Service World team is there. In what promises to be an exciting and busy week as always, ...

Last year, the company hired CEO Shane O'Kelly, who's trying to restructure the business. This restructuring includes selling the Worldpac business. In August, Advance reached a deal to sell ...

Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both ...

“The completion of the Worldpac transaction is a pivotal moment in the simplification of our business model,” said Shane O’Kelly, president and chief executive officer. “The sale enables ...