ATLANTA (Aug. 18, 2015) — Genuine Parts Co.'s board of directors has elected Elizabeth W. “Betsy” Camp as a new independent director of the company.
Ms. Camp has been president and CEO of DF Management Inc., a private investment and commercial real estate management company, since 2000. Previously, she served in various capacities, including president and CEO of Camp Oil Co. for 16 years, tax accountant with a major accounting firm and attorney in law firms in Atlanta and Washington, D.C. Ms. Camp also serves on the board of Synovus Financial Corp.
Genuine Parts, parent firm of NAPA Auto Parts, also elected two corporate officers. Robert L. Swann was named vice president - Internal Audit, Compliance and Risk. He had been assistant vice president for that department, and has served the company in a variety of audit, accounting and finance roles in his 10 year career with Genuine Parts. Christopher T. Galla was named vice president and assistant corporate counsel. He has served as both associate and senior counsel in his 10 years with the company, and most recently was assistant vice president and senior counsel.
Tom Gallagher, Genuine Parts chairman and CEO, called Ms. Camp “a talented executive and we look forward to her future contributions as a director of the company.”
He added that Messrs. Swann and Galla “bring valuable experience and expertise to their expanded leadership roles and we know they will do an outstanding job in their new positions.”
The board also declared a regular quarterly cash dividend of sixty-one and one-half cents ($.615) per share on the Genuine Parts' common stock, payable Oct. 1 to shareholders of record Sept. 4, 2015.
Atlanta-based Genuine Parts distributes automotive replacement parts in the U.S., Canada, Mexico and Australasia and also distributes industrial replacement parts in the U.S., Canada and Mexico through its Motion Industries subsidiary. The company had 2014 revenues of $15.3 billion.