Fundz

Advance Auto Parts

Raleigh, North Carolina, United States · Automotive, Manufacturing, Science And Engineering

Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers. As of October 9, 2021, Advance operated 4,727 stores and 234 Worldpac branches in the United States, Canada, Puerto Rico and the U.S. Virgin Islands. The company also serves 1,325 independently owned Carquest branded stores across these locations in addi

Key facts

Headquarters
Raleigh, North Carolina, United States
Employees
41,141
Industries
Automotive, Manufacturing, Science And Engineering
Status
Public (AAP)
Website
corp.advanceautoparts.com
LinkedIn
Company page

Recent activity at Advance Auto Parts

  • : Advance Auto Parts Expands Partnership with OneRail for Same-Day Fulfillment.
  • : SEC 8-K (5.02): Kristen L. Soler, the Executive Vice President and Chief Human Resources Officer of Advance Auto Parts, Inc., is departing from the Company to pursue other opportunities, effective June 26, 2026. She is expected to continue in an advisory role until July 10, 2026. As part of her departure, Ms. Soler will receive compensation as stipulated in the termination without due cause provision of her employment agreement. This change in leadership demonstrates the Company's commitment to restructuring its management team and ensuring a smooth transition during the period following her exit.
  • : SEC 8-K (5.02): On March 9, 2026, Advance Auto Parts, Inc. appointed Cynthia T. Jamison to its Board of Directors. The appointment is effective immediately and will follow the Company’s policy for non-employee director compensation. Ms. Jamison will not serve on any Board committees initially, and she is expected to enter into the Company’s standard indemnification agreement. This appointment is part of the Company's strategic governance enhancements as disclosed in a press release issued on March 10, 2026.
  • : SEC 8-K (5.02): On January 12, 2026, Advance Auto Parts, Inc. appointed Richard A. Johnson to its Board of Directors. Mr. Johnson's appointment, which is effective immediately, includes him serving on the Board's Compensation Committee. There are no arrangements or understandings regarding his appointment, and he will be compensated according to the company's policies for non-employee directors. Mr. Johnson is expected to enter into the standard indemnification agreement as part of his appointment. The announcement of his appointment was also made public via a press release on January 13, 2026. This recent change in the Board will potentially influence the company's governance and decision-making processes regarding compensation strategies.
  • : SEC 8-K (5.02): On January 12, 2026, Advance Auto Parts, Inc. appointed Richard A. Johnson to its Board of Directors, effective the same day. Mr. Johnson will also serve on the Board's Compensation Committee. There was no prior arrangement regarding his appointment, and he will receive compensation according to the company's policy for non-employee directors. Furthermore, Mr. Johnson will enter into a standard indemnification agreement with the company. This change is expected to strengthen the Board's oversight on compensation matters.
  • : SEC 8-K (5.02): On October 27, 2025, Jeffrey J. Jones II, President and CEO of H&R Block, Inc., informed the Board of Directors of Advance Auto Parts, Inc. about his intent to retire from the Company's Board by the end of the year. This retirement will coincide with his planned retirement from H&R Block. Following his departure, the Board will be reduced to eight members, which may impact strategic decision-making and governance at the Company. The uncertainty surrounding future leadership and potential succession plans could have significant implications for Advance Auto Parts.
  • : SEC 8-K (5.02): On October 27, 2025, Jeffrey J. Jones II notified the Board of Directors of Advance Auto Parts, Inc. of his decision to retire from the Board at the end of the year, coinciding with his planned retirement as President and Chief Executive Officer of H&R Block, Inc. This change results in the Board of Advance Auto Parts decreasing in size to eight directors. The retirement of Mr. Jones marks a significant transition for the company as it prepares for leadership changes while maintaining stable governance.
  • : Advance Auto Parts Appoints Michael Beland as Senior Vice President and Chief Accounting Officer
  • : Advance Auto Parts Announces Sale of Worldpac to Carlyle for $1.5 Billion
  • : Advance Auto Parts Names Bruce Starnes as Executive Vice President, Chief Merchant

Advance Auto Parts funding history

DateRoundAmount
Nov 2021Seed$1.7M

Leadership

  • Ryan Grimsland, Chief Financial Officer
  • Michael Beland, Chief Accounting Officer
  • Bruce Starnes, Chief Merchandising Officer
  • Shane O’Kelly, Chief Executive Officer

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About Advance Auto Parts: questions and answers

What does Advance Auto Parts do?

Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers. As of October 9, 2021, Advance operated 4,727 stores and 234 Worldpac branches in the United States, Canada, Puerto Rico and the U.S. Virgin Islands. The company also serves 1,325 independently owned Carquest branded stores across these locations in addi

Where is Advance Auto Parts headquartered?

Advance Auto Parts is headquartered in Raleigh, North Carolina, United States.

How many employees does Advance Auto Parts have?

Advance Auto Parts has about 41,141 employees.

Has Advance Auto Parts raised funding?

Yes. Fundz has recorded 1 funding event for Advance Auto Parts. The most recent, Seed of $1.7M, was in Nov 2021.

Who leads Advance Auto Parts?

Shane O’Kelly is a Chief Executive Officer at Advance Auto Parts.

What is the latest news on Advance Auto Parts?

On Jun 30, 2026, Advance Auto Parts Expands Partnership with OneRail for Same-Day Fulfillment.

Is Advance Auto Parts a public company?

Yes. Advance Auto Parts is publicly traded under the ticker AAP.

Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy

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