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Advance Auto Parts to add 3 new directors after Dan Loeb s firm takes stake

Advance Auto Parts to add 3 new directors after Dan Loeb s firm takes stake
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Advance Auto Parts to add three board members as activist investors take stake

Advance Auto Parts is appointing three new board members after hedge funds Third Point LLC and Saddle Point Management took positions in the automotive afterparts provider, the company said. .

Third pointUnited statesGregory smithShane okellyTom grecoBrent windomMatthew lewisDaniel loebRoy katzoviczEugene leeSvea herbst baylissThomas seboldtJeffrey smithOreilly automotiveBath body worksUs army

Turbo Wholesale adds investor, appoints new leadership

Private equity firm Kingswood Capital Management announced its partnership with the California tire wholesaler.

United statesSarkis sepetjianMichael niegschAlex wolfLarry jeffriesPhillip kaneParts coPirelli coTurbo wholesale tires incTurbo wholesale tiresGeneral partsTredroc tireBridgestone americasBusiness finance

Advance Auto Parts Tops Bank of America Stock List for Sector

After the downturn of hard-line retail stocks, we reassess valuations and growth outlooks for auto parts stocks, Bank of America said.

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Parts Town Annual Revenue Eclipses $1B

The company said its revenue jumped 33% last year.

Steve snowerChain solutionsRed lightning divisionParts townGeneral partsDayton appliance partsEncompass supply chain solutionsLeonard greenBerkshire partners

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