Progress Vehicle Components Announces Departure of Main Accounting Officer to Assume the Job of Main Financial Officer at a Community Corporation

RALEIGH, N.C.–(Organization WIRE)–Advance Car Elements, Inc. (NYSE: AAP), a primary automotive aftermarket parts provider, now announced Andrew Page, senior vice president, controller and main accounting officer (CAO), is leaving Advance to go after his vocation purpose of remaining a chief economical officer, efficient April 9, 2021.

“I want to thank Andrew for his leadership and contributions to Advance more than the earlier two several years,” reported Tom Greco, president and chief govt officer of Progress Car Sections. “Andrew has improved abilities inside of our accounting purpose, developed a proficient crew and led a number of crucial initiatives that will positively influence the organization for several years to occur. In addition, Andrew has built significant contributions aiding to even further our range and inclusion agenda, which is essential to the extensive term achievements of Progress. Champion Inclusion is one of our core cultural beliefs and will continue on to be a source of aggressive gain for Advance. In that spirit, we wish Andrew the very very best as he usually takes on his new job.”

Advance has commenced a official search for a new CAO. In the interim, Jeff Shepherd, chief economic officer of Advance, will suppose the CAO tasks.

About Progress Vehicle Components

Advance Auto Areas, Inc. is a main automotive aftermarket parts supplier that serves both equally skilled installer and do-it-yourself buyers. As of January 2, 2021, Advance operated 4,806 stores and 170 Worldpac branches in the United States, Canada, Puerto Rico and the U.S. Virgin Islands. The Organization also serves 1,277 independently owned Carquest branded shops throughout these areas in addition to Mexico, Grand Cayman, the Bahamas, Turks and Caicos and British Virgin Islands. Further data about Advance, such as employment chances, shopper services, and on-line buying for areas, components and other offerings can be located at

Ahead-Seeking Statements

Particular statements herein are “forward-on the lookout statements” inside of the this means of the Personal Securities Litigation Reform Act of 1995. Forward-seeking statements are typically identifiable by terms this kind of as “anticipate,” “believe,” “could,” “estimate,” “expect,” “forecast,” “direction,” “intend,” “likely,” “may,” “plan,” “position,” “possible,” “potential,” “probable,” “project,” “should,” “strategy,” “will,” or equivalent language. All statements other than statements of historical reality are forward-searching statements, including, but not confined to, statements about the Firm’s strategic initiatives, operational designs and goals, retail outlet expansions and upcoming business enterprise and fiscal performance, as nicely as statements relating to fundamental assumptions linked thereto. Ahead-wanting statements replicate the Firm’s sights primarily based on historical effects, current information and assumptions associated to potential developments. Other than as may well be necessary by regulation, the Company undertakes no obligation to update any forward-seeking statements created herein. Ahead-wanting statements are topic to a range of risks and uncertainties that could lead to genuine effects to differ materially from those projected or implied by the forward-on the lookout statements. They include things like, among the others, things similar to the timing and implementation of strategic initiatives, the highly aggressive character of the Firm’s business, demand for the Firm’s items and products and services, complexities in its stock and source chain, problems with transforming and developing its enterprise and things associated to the present world pandemic. You should refer to “Item 1A. Hazard Things.” of the Firm’s most modern Once-a-year Report on Form 10-K for a description of these and other hazards and uncertainties that could cause true success to differ materially from those people projected or implied by the ahead-hunting statements.


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