Your Source for Up-To-Date News and Research on the Collision Repair Industry
click here to subscribe to the FREE INSIGHT Editor's Desk News Alert Email
SUBSCRIBERS-ONLY
Today's News
INSIGHT This Month
INSIGHT Archives
Survey Center
Letter to the Editor
Business Tools
Subscription Information
CSI Reporting
Financial Analysis
IRS Audit Guide
Management/
Technical Info
Market Watch Rates
INSIGHT Inside this month's issue...
Feedback
Letter to the Editor
Tuesday August 17
Genuine Parts Company Announces New CEO and Declares Regular Quarterly Dividend
Larry Prince, Chairman of the Board and Chief Executive Officer of Genuine Parts Company, has announced that the Board of Directors elected Thomas C. Gallagher to the position of President and Chief Executive Officer of the company.Gallagher has been with Genuine Parts Company for 34 years and is only the fourth CEO the Company has had in its seventy-six year history. He is active in many civic activities and serves on the Board of Directors of Oxford Industries, Inc. and STI Classic Funds.
Prince will continue in his position as Chairman of the Board of Directors.
The Board of Directors of Genuine Parts Company declared a regular quarterly cash dividend of 30 cents per share on the company's common stock.
The dividend is payable October 1, 2004 to shareholders of record September 10, 2004.
Genuine Parts Company is a distributor of automotive replacement parts in the U.S., Canada and Mexico.
©2004 Collision Repair Industry INSIGHT
All Rights Reserved
FEATURED
LINKS:
INSIGHT Supports the NABC!
Do You?