Business Context and Reporting Period
This Form 8-K Current Report was filed by Advance Auto Parts, Inc. on October 5, 2016, covering the date of the earliest event reported on September 30, 2016. The filing addresses a specific corporate governance event regarding the departure of a senior officer.
Financial Metrics
This filing does not contain financial performance data. There are no reported figures for revenue, profit, cash flow, margins, debt, or liquidity in this document.
Material Changes
The material change reported is the resignation of Jill A. Livesay, who served as Senior Vice President, Controller, and Chief Accounting Officer (including as Principal Accounting Officer). Ms. Livesay announced her intention to resign on September 30, 2016. She will remain an employee and continue to serve as the Principal Accounting Officer until October 29, 2016.
Management Commentary and Risks
Management explicitly stated that Ms. Livesay's departure is not the result of any disagreement regarding the Company's financial reporting or accounting policies, procedures, estimates, or judgments. No other risks, contingencies, or unusual items were disclosed in this report.
Key Facts for Investor Verification
- Resignation of the Chief Accounting Officer effective September 30, 2016.
- Transition period for the Principal Accounting Officer role extends to October 29, 2016.
- Confirmation that the departure involves no disagreement over financial reporting or accounting practices.
- Successor appointment details are not included in this specific filing.