Genuine Parts CFO to Retire - Modern Distribution Management

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Genuine Parts CFO to Retire

Carol Yancey, executive vice president and chief financial officer, will retire at the end of May after 30 years at the company.
GPC European Automotive Acquisition

After three decades at Genuine Parts Company, Executive Vice President and Chief Financial Officer Carol Yancey will retire at the end of May, the company said.

“On behalf of the entire organization, we want to thank Carol for her 30 years of dedicated service to GPC, including the last nine years as CFO,” said Chairman and CEO Paul Donahue. “Carol’s leadership and numerous contributions have been instrumental to the significant growth and strong financial performance of the Company. She has also been a mentor to many, and her positive influence will have a lasting impact on generations of professionals across the GPC organization. Carol will be greatly missed, and we wish her all the best in her retirement.”

Carol Yancey & Bert Nappier

Bert Nappier will join GPC as executive vice President and CFO, effective February 28. Nappier will assume the role of CFO on May 2, while Yancey will serve in an advisory role until her retirement, GPC said.

Nappier previously worked at FedEx in various executive positions over 16 years.

“We are very pleased to welcome Bert Nappier as our next CFO,” said Donahue. “Bert is a strategic financial executive with broad expertise in key areas such as global finance, operations and business strategy. We are confident his diverse background, extensive experience and leadership skills will make him a valuable addition to our executive management team. We look forward to his contributions to the next phase of growth at GPC.”

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