Business Context and Reporting Period
This Form 8-K Current Report was filed by Advance Auto Parts, Inc. on March 19, 2021. The report discloses a material corporate event regarding the departure of a senior officer.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on personnel changes and does not contain financial statement data.
Material Changes
- Departure of Chief Accounting Officer: Andrew E. Page informed the Company of his intent to resign as Chief Accounting Officer, effective April 9, 2021.
- Reason for Departure: Mr. Page is resigning to pursue another opportunity. The filing explicitly states the resignation is not the result of any disagreement regarding the Company's financial reporting, accounting policies, procedures, estimates, or judgments.
- Succession Plan: Jeffrey W. Shepherd, Executive Vice President and Chief Financial Officer, will assume Mr. Page's responsibilities upon his departure.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, or management commentary regarding future financial performance. No new risks, contingencies, or unusual items were disclosed in this report.
Investor Verification Checklist
- Verify the effective date of the Chief Accounting Officer's resignation (April 9, 2021).
- Confirm that the departure is unrelated to any accounting or financial reporting disputes.
- Note that the Chief Financial Officer, Jeffrey W. Shepherd, is assuming the vacated responsibilities.