Genuine Parts names leaders for planned GPC-Motion separation
Filed with the SEC on · Summarized by InvestorsBot
Genuine Parts appointed Court Carruthers as CEO-elect of the automotive business, which will retain the GPC name, and Will Stengel as chairman and CEO of the industrial business, which will operate as Motion after the separation targeted for the first quarter of 2027. The companies will hold separate investor days in New York City on December 8 and 9, 2026, respectively, while completion remains subject to customary conditions, including board approval and an effective Form 10 registration statement.