(Updates with more details)
Advance Auto Parts named Shane O’Kelly as President and Chief Executive Officer and said it has initiated a comprehensive operational and strategic review.
- Cut full year EPS guidance to $4.50 to $5.10 from $6.00 to $6.50
Advance Auto Cuts FY EPS Forecast, Misses Estimates
- O’Kelly will succeed Tom Greco, who has served as president and CEO since April 2016; Greco announced his planned retirement in February
- O’Kelly has also been appointed to the Advance Auto Parts board; Gene Lee, interim executive chair, will continue in his interim role through the end of the year
- Also announced ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.