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Genuine Parts Company (NYSE: GPC), Atlanta, GA announced that Bill Stevens, CEO of Motion Industries, the company's industrial parts distribution business, will retire on March 1, 2015. Stevens is being succeeded by Timothy P. Breen, who was named president and CEO of Motion Industries, effective Nov. 17.
Previously, Breen was president and COO of Motion Industries. Stevens will remain as chairman of Motion Industries until his retirement.
Breen began his career in 1982 at Berry Bearing Company, which was acquired by Motion Industries in 1993.