Thomas C. Gallagher, Executive Chairman of Genuine Parts Company, has informed the Board of Directors of his decision to retire as an executive officer and employee of the Company, effective June 30, 2017.
Gallagher will continue to serve as Non-Executive Chairman of the Board following his retirement.
Paul Donahue, President and Chief Executive Officer of Genuine Parts Company, commented: “On behalf of the entire organisation, we want to thank Tom for his 47 years of dedicated service to the Company. Tom positively influenced every aspect of the organisation during his exceptional career, and his leadership as President from 1990 to January 2012 and CEO from 2004 to May 2016 guided our significant growth over this period. We are forever grateful for his many contributions to the Company and we wish him the very best for the future.”
Donahue added: “Tom has also served as our Chairman since 2005, and we look forward to his continued counsel as Non-Executive Chairman following his retirement.”