Advance Auto Parts Says It Has Initiated Operational and Strategic Review
Portfolio Pulse from Benzinga Newsdesk
Advance Auto Parts (AAP) has initiated an operational and strategic review to improve execution across the business and increase shareholder value. The company has also announced the appointment of Shane O'Kelly as its next CEO, who brings extensive operational and supply chain experience.
August 23, 2023 | 10:36 am
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Advance Auto Parts is undergoing a strategic review and has appointed a new CEO, actions that could lead to operational improvements and increased shareholder value.
The operational and strategic review initiated by AAP indicates the company's commitment to improving its business execution and increasing shareholder value. The appointment of a new CEO with extensive operational and supply chain experience could bring fresh perspectives and strategies, potentially leading to positive changes in the company's operations and financial performance.
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