Genuine Parts Company (GPC) 4th Annual Evercore ISI Consumer and Retail Conference summary

Leadership and culture

• New CEO emphasizes the importance of consistent leadership and evolving company culture, with talent and culture as foundational pillars for future growth.

• 80% of global employees report pride in working for the company, but ongoing investment in talent and culture is prioritized.

• Leadership aims to make the business strategically, financially, and culturally stronger over the next five to six years.

Strategic focus and growth opportunities

• Five foundational pillars guide strategy: talent and culture, technology, supply chain, sales effectiveness, and market innovation.

• North American industrial and automotive segments offer the largest addressable market, with a focus on customer loyalty and value-added services.

• Industrial business now represents about 50% of profits, with recent acquisitions like Kaman Distribution Group expanding capabilities.

• Expansion of strong brands, especially NAPA, is a global priority, with significant growth in Europe and Asia-Pacific.

Risk management and market dynamics

• Most risks are uncontrollable, but the company has developed agility and resilience post-pandemic.

• Right to repair and industry evolution are slow-moving risks, with scenario planning in place.

• The same strategic playbook is applied across both industrial and automotive businesses globally.