The company announces future leadership as it advances its planned separation into two independent, publicly traded companies
Atlanta—Genuine Parts Company has announced future leadership teams and board leadership for its automotive and industrial businesses as it advances its planned separation into two independent, publicly traded companies.
Upon completion of the separation, expected to be completed in the first quarter of 2027, the company’s Automotive business will operate as Genuine Parts Company (GPC), and its Industrial business will operate as Motion.
- Court Carruthers, a current GPC Board member, has been appointed Chief Executive Officer-elect of GPC, effective immediately, and will assume the role of Chief Executive Officer upon completion of the separation.
- Jean-Jacques Lafont, a current GPC Board member and co-founder of GPC’s European operations, has been appointed Non-Executive Chairman of GPC upon completion of the separation.
- Will Stengel, current Chairman and Chief Executive Officer of GPC, will join Motion as Chairman and Chief Executive Officer upon completion of the separation.
GPC and Motion will host separate investor days in New York City, with GPC’s Investor Day scheduled for December 8, 2026, and Motion’s Investor Day scheduled for December 9, 2026.
Members of each company’s leadership team will provide details on their respective businesses and outline their go-forward strategies for growth, focused investment and long-term value creation initiatives. Additional information, including webcast and registration details, will be provided in the coming weeks.
Established in 1928, Genuine Parts Company operates across North America, Europe and Australasia, while its Industrial Parts Group serves customers across North America and Australasia. GPC has a network of over 10,800 locations spanning 17 countries supported by more than 65,000 employees.
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