ATLANTA, Nov. 16, 2015 /PRNewswire/ -- Genuine Parts
Company (NYSE: GPC) announced today that its Board of Directors
elected Donna W. Hyland as a new
independent Director of the Company. Ms. Hyland is President
and Chief Executive Officer of Children's Healthcare of
Atlanta, one of the largest
pediatric healthcare systems in the country. Previously, Ms. Hyland
served Children's as Chief Financial Officer from 1998 to 2002 and
as Chief Operating Officer from 2003 to May
2008, when she was named President and CEO. In total,
Ms. Hyland has 28 years of business leadership and financial
experience and also serves on the board of Cousins Properties,
Inc.
Tom Gallagher, Chairman and CEO
of Genuine Parts Company, stated, "We are pleased to welcome Ms.
Hyland as our newest director. Donna is an extremely talented
executive with a wealth of business experience and knowledge that
make her a valuable addition to our board. In addition,
Donna's extensive financial background qualifies her to sit on our
audit committee as a financial expert. We look forward to her
future contributions as a director of the Company."
The Board of Directors of Genuine Parts Company declared a
regular quarterly cash dividend of sixty-one and one-half cents
($.615) per share on the Company's
common stock.
The dividend is payable January 4,
2016 to shareholders of record December 4, 2015.
About Genuine Parts Company
Genuine Parts Company is a distributor of automotive replacement
parts in the U.S., Canada,
Mexico and Australasia. The
Company also distributes industrial replacement parts in the U.S.,
Canada and Mexico through its Motion Industries
subsidiary. S. P. Richards Company, the Office Products
Group, distributes business products nationwide in the U.S. and
Canada. The Electrical/Electronic
Group, EIS, Inc., distributes electrical and electronic components
throughout the U.S., Canada and
Mexico. Genuine Parts Company had 2014 revenues of
$15.3 billion.
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SOURCE Genuine Parts Company