Business Context and Reporting Period
Company: Advance Auto Parts, Inc.
Filing Type: Form 8-K (Current Report)
Report Date: February 20, 2007
Event Date: February 14, 2007
Subject: Designation of Lead Director
Financial Metrics
This filing does not contain financial data. Revenue, profit, cash flow, margins, debt, and liquidity metrics are not reported in this document.
Material Changes
The filing reports a governance change rather than a financial or operational change. The Board of Directors designated John C. Brouillard as the Lead Director, effective immediately. William L. Salter, who served as Lead Director since May 2004, will continue to serve as a director and member of the Compensation and Nominating and Corporate Governance Committees.
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on operations, risks, contingencies, or unusual items. It is strictly a notification of a board leadership appointment.
Key Facts for Investors
- John C. Brouillard was appointed Lead Director effective February 14, 2007.
- Mr. Brouillard will continue serving on the Audit and Compensation Committees.
- William L. Salter remains a director and retains membership on the Compensation and Nominating and Corporate Governance Committees.
- No financial performance data is included in this report.