Genuine Parts Company Announces Leadership Transition with Paul Donahue’s Retirement

Genuine Parts Company (GPC), announced on Jan. 15, 2026, that Paul D. Donahue, Non-Executive Chairman of GPC, plans to retire from the Board of Directors. He plans to retire at the company's 2026 annual meeting of shareholders.

Additionally, GPC has announced that its Board of Directors has appointed Will Stengel, currently the company's President and Chief Executive Officer, to the additional role of Chairman of the Board of Directors. Upon Donahue's retirement, Stengel will assume the combined position of Chairman and Chief Executive Officer.

"On behalf of the entire Board, I want to express our profound gratitude to Paul for his extraordinary service to GPC," said P. Russell Hardin, lead independent director of GPC. "Paul has served the company with distinction for more than two decades, successfully streamlining GPC's portfolio and strengthening governance while upholding the values and principles that have made GPC successful for almost a century. He leaves us with a tremendous foundation, which positions us well to pursue opportunities that enhance operational performance, improve profitability and unlock shareholder value."

"It has been a privilege to serve GPC, and I am incredibly proud of what our team has accomplished together," said Donahue. "As I prepare to retire from the Board, I am pleased with the Board's decision to appoint Will as the company's next Chairman. His strategic clarity and deep understanding of our businesses make him the ideal leader to guide GPC forward as we enter this next chapter."