Advance Auto Parts, Inc. (AAP) NYSE

Currency In USD

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Advance Auto Parts, Inc.

Address

4200 Six Forks Road

Raleigh, NC 27609

United States of America (the)

Phone

540 362 4911

Sector

Consumer Cyclical

Industry

Specialty Retail

Employees

54007

First IPO Date

November 29, 2001

Key Executives

NameTitlePayYear Born
Shane O'KellyPresident, Chief Executive Officer & Director2.79M1970
Carlos A. SaladrigasCo-Founder and Chief Executive Officer of Regis HR01949
Jeff R. ViningExecutive Vice President, General counsel & Corporate secretary1.02M1977
Kristen SolerAdvisor1.07M1977
Bruce StarnesExecutive Vice President & Chief Merchant1.11M1976
Ryan GrimslandExecutive Vice President & Chief Financial Officer1.33M1978
Anthony SarlanisSenior Vice President of Professional0N/A
Todd DavenportSenior Vice President of Real Estate & Development0N/A
Ronald H. GilbertSenior Vice President of Supply Chain0N/A
Michael BelandSenior Vice President, Controller & Chief Accounting Officer01972
Lavesh HemnaniVice President of Investor Relations0N/A
Kunal DasSenior Vice President & CTO0N/A
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Description

Advance Auto Parts, Inc. operates as a leading retailer and supplier of a comprehensive array of automotive replacement components, accessories, batteries, and essential maintenance supplies. Its extensive inventory caters to a wide spectrum of vehicles, including domestic and imported passenger cars, vans, sport utility vehicles, and both light and heavy-duty trucks. The company's product offering is broad, encompassing critical mechanical systems such as brakes, engine parts, electrical and ignition components, cooling and heating systems, chassis, clutches, and exhaust systems. Beyond these core parts, it provides a diverse selection of accessories, specialty tools, interior and exterior enhancements, lighting products, performance upgrades, and a variety of chemicals, sealants, and cleaning supplies. Furthermore, Advance Auto Parts stocks all necessary fluids and filters for engine and transmission maintenance, including motor oils, lubricants, fuel additives, and air, fuel, and oil filters. In addition to product sales, the company supports its clientele with various services like battery and wiper installation, diagnostic engine light scanning, electrical system testing, oil and battery recycling, and a convenient loaner tool program. Products are accessible to both professional automotive technicians and do-it-yourself (DIY) enthusiasts through its physical store network and online platform. Advance Auto Parts operates stores under well-known banners such as Advance Auto Parts, Autopart International, and Carquest, along with Worldpac-branded branches. As of April 23, 2022, its expansive operational footprint included 4,687 company-owned stores and 311 branches situated across the United States, Puerto Rico, the U.S. Virgin Islands, and Canada. The company also supplied 1,318 independently owned Carquest-branded stores located in Mexico, Grand Cayman, the Bahamas, Turks and Caicos, and the British Virgin Islands. Founded in 1929, Advance Auto Parts, Inc. maintains its corporate headquarters in Raleigh, North Carolina.

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