Genuine Parts Co. has appointed William Stengel president of the company.
Stengel, 43, was previously executive vice president and chief transformation officer and becomes only the eighth president in the company's 93-year history. He will continue to report to Paul Donahue, chairman and chief executive officer.
Donahue says, "Will is an exceptional talent, and his proven leadership and relevant experience make him an excellent choice as the company's next president. His promotion is also a reflection of our board and management's ongoing commitment to succession planning for the company. As chief transformation officer, Will has led the effective and disciplined management of our transformation initiatives while also taking on various operational and strategic responsibilities. As president, he will continue to lead these efforts and work alongside me to further develop and advance our strategic roadmap and execute our growth and productivity initiatives."
Stengel had nearly two decades of significant leadership and professional experience prior to joining Genuine Parts Co. in 2019.
Founded in 1928, Genuine Parts Co. is a global service organization engaged in the distribution of automotive replacement parts and industrial parts. The company's Automotive Parts Group distributes automotive replacement parts in the U.S., Canada, Mexico, Australasia, France, the U.K., Germany, Poland, the Netherlands and Belgium. It had 2019 revenues of $19.4 billion.
For more information, see www.genpt.com.