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Advance Auto Parts Announces Leadership Transition; Appoints Ronald Gilbert as Senior Vice President of Supply Chain

RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installers and do-it-yourself customers, announced today that it has appointed Ronald Gilbert as senior vice president of supply chain, effective December 22, 2025. Mr. Gilbert will report directly to president and chief executive officer, Shane O’Kelly. Mr. Gilbert will be responsible for all aspects of the Company’s supply chain operations and oversee the Company’s ongoing strategic initiatives aimed at enhancing the productivity of its supply chain network.

Mr. Gilbert succeeds Stephen Szilagyi, who is retiring but will stay with Advance in an advisory capacity to support the transition. Under Steve’s leadership, the Company has made significant progress on optimizing its supply chain infrastructure, including the consolidation of its distribution footprint, the opening of market hubs, and the re-design of the transportation network. The Company is on track to operate 16 DCs in the United States by the end of 2025, compared to 38 DCs in 2023. The Company also opened its first market hub store and distribution location in 2024 and remains on track to operate 60 market hubs by mid-2027.

“I am pleased to welcome Ron to Advance. He is a recognized industry leader with a strong record of delivering operational efficiencies and innovation across complex supply chain systems. Our strategy remains unchanged, and as we embark on the next phase of our supply chain transformation, we are pleased to have him at the helm,” said Shane O’Kelly, president and chief executive officer. “On behalf of Advance, I also want to extend our deepest gratitude to Steve for his leadership and many contributions to better serve our customers. We wish him all the best on his retirement.”

Mr. Gilbert brings more than 20 years of experience in supply chain logistics with leadership roles across prominent retailers. Most recently, he served as senior vice president of logistics and supply chain at Saks Global. Prior to that he served as senior vice president of supply chain at Rite Aid Pharmacies. He also held senior supply chain leadership roles at XPO Logistics, Hudson Bay Company, The Parent Company, Urban Outfitters and Mary Kay.

Mr. Gilbert earned a BBA in Management from the University of Texas at Arlington.

About Advance Auto Parts

Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installers and do-it-yourself customers. As of October 4, 2025, Advance operated 4,297 stores primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands. The Company also served 814 independently owned Carquest branded stores across these locations in addition to Mexico and various Caribbean islands. Additional information about Advance, including employment opportunities, customer services and online shopping for parts, accessories and other offerings can be found at www.AdvanceAutoParts.com.

Forward-Looking Statements

Certain statements herein are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are usually identifiable by words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “forecast, “guidance,” “intend,” “likely,” “may,” “plan,” “position,” “possible,” “potential,” “probable,” “project,” “should,” “strategy,” “target,” “will,” or similar language. All statements other than statements of historical fact are forward-looking statements, including, but not limited to, statements about the Company’s strategic initiatives, financial objectives, operational plans and objectives, statements regarding expectations for future business and financial performance, as well as statements regarding underlying assumptions related thereto. Forward-looking statements reflect the Company’s views based on historical results, current information and assumptions related to future developments. Except as may be required by law, the Company undertakes no obligation to update any forward-looking statements made herein. Forward-looking statements are subject to a number of risks and uncertainties that could cause actual results to differ materially from those projected or implied by the forward-looking statements. They include, among others, the Company’s ability to hire, train and retain qualified employees, the timing and implementation of strategic initiatives, risks associated with the Company’s restructuring and asset optimization plans, risks relating to incurrence of indebtedness and increased leverage, risks relating to the Company's credit ratings or perceived creditworthiness, deterioration of general macroeconomic conditions, geopolitical factors including increased tariffs and trade restrictions, the highly competitive nature of the industry, demand for the Company’s products and services, risks relating to the impairment of assets, including intangible assets such as goodwill, access to financing on favorable terms, complexities in the Company’s inventory and supply chain and challenges with transforming and growing its business. Please refer to “Item 1A. Risk Factors” of the Company’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”), as updated by the Company’s subsequent filings with the SEC, for a description of these and other risks and uncertainties that could cause actual results to differ materially from those projected or implied by the forward-looking statements.

Contacts

Investor Relations Contact:
Lavesh Hemnani
T: (919) 227-5466
E: invrelations@advance-auto.com

Media Contact:
Nicole Ducouer
T: (984) 389-7207
E: AAPCommunications@advance-auto.com

Advance Auto Parts, Inc.

NYSE:AAP
Details
Headquarters: Raleigh, North Carolina
CEO: Shane O'Kelly
Employees: 70,000+
Organization: PUB

Release Versions

Contacts

Investor Relations Contact:
Lavesh Hemnani
T: (919) 227-5466
E: invrelations@advance-auto.com

Media Contact:
Nicole Ducouer
T: (984) 389-7207
E: AAPCommunications@advance-auto.com

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