Advance Auto Parts CEO: Thomas Greco

Advance Auto Parts Names Thomas Greco As CEO

Greco joins Advance Auto Parts following a successful 30-year career at PepsiCo Inc.

Advance Auto Parts Inc. has named Thomas Greco as CEO and a director, effective April 11. Greco will succeed George Sherman, who has served as interim CEO since January 2016. Sherman continues as president of Advance Auto Parts, a position he has held since April 2013.

Advance - Tom GrecoGreco joins Advance Auto Parts following a successful 30-year career at PepsiCo Inc. Most recently, he served as CEO of Frito-Lay North America, where he was responsible for PepsiCo’s $14.8 billion snack and convenient foods business in the U.S. and Canada. During his tenure, Greco led PepsiCo’s operating segment in consistently driving sales and improved operating profits. He brings experience in leading a sales-driven organization with more than 55,000 employees as well as significant expertise in managing a complex operational infrastructure, transforming the supply chain and retooling go-to-market systems to better meet the needs of both large and smaller customers.

Jack Brouillard, executive chairman, said, “After a thorough search, we are pleased to have found an exceptional leader and operator with a proven track record of designing and executing winning strategies, driving profitable growth and building an exceptional talent base. The board is confident that Advance will benefit from Tom’s commercial expertise and energetic, solutions-oriented approach to leading complex, customer-focused operations in a competitive environment. The board looks forward to working closely with Tom and the rest of our talented executives as we build value for our shareholders, customers and team members.”

Brouillard continued, “I would also like to thank George Sherman for his contributions as interim CEO. Under George’s leadership, the company has continued to take actions to drive improved profitability and we look forward to continuing to benefit from George’s valuable experience as an ongoing member of the leadership team.”

 

You May Also Like

Litens Launches Education Campaign on OAD Pulleys 

Technicians never should substitute an OAD with a solid pulley or a one-way clutch on vehicles that were built with an OAD.

Litens Aftermarket recently introduced its “Reset to OE” campaign messaging, as the market share for OAD pulleys continues to grow, and the need to educate technicians about this component increases. 

With virtually one-third of registered vehicles now equipped with a Litens OAD, and as those vehicles enter the aftermarket “sweet spot” for replacement, bringing awareness about how an OAD impacts a belt-drive system is imperative. 

MAHLE Selects Second Winner of Engine Giveaway

The lucky winner has been awarded a vintage Chevrolet small-block engine built by Baldwin Racing Engines of Friedheim, Missouri.

Raybestos Announces 2023 Racing Sponsorships

Raybestos will sponsor Sally McNulty and Team Infamous (driver Derek Madison) for the 2023 race season.

ASE Congratulates Inaugural President’s Club Honorees

The inaugural class will feature six of the most accomplished automotive service professionals in the industry.

Arnold Motor Celebrates Fundraising, Key Channel Partners

The company recognized PPG Industries as Vendor of the Year, and celebrated its fundraising for Tori’s Angels.

Other Posts

UAF Awards Scholarships for 2023-2024 Academic Year

Those awarded with scholarships will be attending a two-year or four-year college or university or an accredited automotive vocational program.

Lateiner: Diversity, Inclusion Needed to Stem Tech Shortage

The auto-industry influencer spoke at the ASE Education Foundation Instructor Training Conference.

UAF Welcomes GB Remanufacturing as Lifetime Trustee

Michael Kitching, president and CEO of GB Remanufacturing, will serve as the company’s representative on the UAF board of trustees.

Auto Value/Bumper to Bumper Announce Scholarship Winners

The recipients were selected from a competitive pool of student applicants from across North America.