Genuine Parts Company (NYSE: GPC), a leading global service provider of automotive and industrial replacement parts and value-added solutions, announced that its shareholders elected Ms. Laurie Schupmann as a new director of the company. Additionally, Messrs. Gary Fayard and Johnny Johns and Mses. Betsy Camp and Wendy Needham have each reached the mandatory retirement age for board members and have stepped down from their roles as directors.

Prior to her retirement in 2023, Ms. Schupmann spent nearly 40 years with PwC, an audit and assurance, consulting and tax advisory firm, serving in various leadership roles of increasing responsibility, including as a Global Client Partner from October 1995 to June 2023.

"We want to express our sincere gratitude to Gary, Johnny, Betsy and Wendy for their years of dedicated service, leadership and invaluable contributions to our Board," said Paul Donahue, Non-Executive Chairman. "As they retire, we are also pleased to welcome Laurie to our Board of Directors. Her extensive financial and accounting background, combined with her leadership expertise, makes her a valuable addition to our Board, and we look forward to her future contributions to GPC."

In addition, GPC's Board of Directors declared a regular quarterly cash dividend of one dollar and three cents ($1.03) per share on the company's common stock. The dividend is payable July 2, 2025 to shareholders of record June 6, 2025.