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 ...

Investment management company First Pacific Advisors recently released its “FPA Queens Road Small Cap Value Fund” third ...

“Our team delivered positive comparable sales growth while navigating a challenging demand environment during the second quarter,” said CEO Shane O’Kelly in a statement. For 2024, the ...

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

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 ...

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 ...

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, ...

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

“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 ...