Progress Auto Areas Announces Departure of Main Accounting Officer to Assume the Function of Chief Monetary Officer at a Community Firm

Progress Automobile Elements, Inc. (NYSE: AAP), a leading automotive aftermarket pieces supplier, currently introduced Andrew Web site, senior vice president, controller and chief accounting officer (CAO), is leaving Progress to pursue his career purpose of becoming a main economical officer, helpful April 9, 2021.

“I want to thank Andrew for his leadership and contributions to Progress in excess of the previous two decades,” mentioned Tom Greco, president and chief government officer of Advance Car Pieces. “Andrew has improved abilities inside our accounting functionality, crafted a gifted workforce and led many essential initiatives that will positively affect the organization for a long time to appear. In addition, Andrew has designed significant contributions helping to more our range and inclusion agenda, which is essential to the lengthy expression achievements of Progress. Champion Inclusion is a single of our main cultural beliefs and will keep on to be a source of competitive gain for Progress. In that spirit, we desire Andrew the quite very best as he usually takes on his new position.”

Advance has commenced a formal research for a new CAO. In the interim, Jeff Shepherd, main economical officer of Progress, will believe the CAO obligations.

About Advance Auto Sections

Advance Vehicle Parts, Inc. is a major automotive aftermarket parts service provider that serves both specialist installer and do-it-yourself customers. As of January 2, 2021, Advance operated 4,806 shops and 170 Worldpac branches in the United States, Canada, Puerto Rico and the U.S. Virgin Islands. The Enterprise also serves 1,277 independently owned Carquest branded stores across these destinations in addition to Mexico, Grand Cayman, the Bahamas, Turks and Caicos and British Virgin Islands. Extra data about Advance, such as employment opportunities, consumer expert services, and on the net shopping for areas, accessories and other choices can be discovered at www.AdvanceAutoParts.com.

Forward-Looking Statements

Sure statements herein are “ahead-searching statements” inside the meaning of the Private Securities Litigation Reform Act of 1995. Forward-on the lookout statements are typically identifiable by text such as “anticipate,” “believe,” “could,” “estimate,” “be expecting,” “forecast,” “advice,” “intend,” “probable,” “may perhaps,” “prepare,” “posture,” “doable,” “possible,” “possible,” “undertaking,” “ought to,” “tactic,” “will,” or similar language. All statements other than statements of historical fact are ahead-hunting statements, together with, but not limited to, statements about the Firm’s strategic initiatives, operational programs and goals, retailer expansions and upcoming enterprise and financial overall performance, as nicely as statements with regards to fundamental assumptions linked thereto. Forward-searching statements replicate the Company’s views based on historic effects, present-day information and assumptions connected to long term developments. Apart from as may be demanded by legislation, the Organization undertakes no obligation to update any forward-wanting statements created herein. Forward-seeking statements are issue to a amount of dangers and uncertainties that could induce genuine benefits to vary materially from those projected or implied by the forward-searching statements. They consist of, amid some others, factors related to the timing and implementation of strategic initiatives, the highly aggressive nature of the Company’s sector, desire for the Company’s goods and solutions, complexities in its inventory and provide chain, issues with reworking and increasing its business and elements connected to the recent world wide pandemic. Make sure you refer to “Merchandise 1A. Possibility Things.” of the Company’s most latest Once-a-year Report on Sort 10-K for a description of these and other dangers and uncertainties that could cause true effects to vary materially from people projected or implied by the forward-on the lookout statements.

Perspective supply variation on businesswire.com: https://www.businesswire.com/information/house/20210324005921/en/

Contacts

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Elisabeth Eisleben
T: (919) 227-5466
E: [email protected]

Media Speak to:
Darryl Carr
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