8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 11, 2019

ADVANCE AUTO PARTS, INC.

(Exact name of registrant as specified in its charter)

Delaware	001-16797	54-2049910
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

2635 East Millbrook Road Raleigh, NC (Address of principal executive offices)     27604 (Zip Code)

(540) 362-4911

(Registrant's telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

INFORMATION TO BE INCLUDED IN THE REPORT

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 (d)    On February 11, 2019, the Board of Directors (the “Board”) of Advance Auto Parts, Inc. (“Advance”) increased the number of directors on the Board from 10 to 12 and appointed Jeffrey J. Jones II and Sharon L. McCollam to serve as directors of the Company. Mr. Jones has also been appointed as a member of the Compensation Committee of the Board and Ms. McCollam has also been appointed as a member of the Audit Committee of the Board. In connection with their service as non-employee directors, Mr. Jones and Ms. McCollam will receive compensation in accordance with the Company’s compensation practices for non-employee directors described in the Company’s Definitive Proxy Statement on Schedule 14A filed with the United States Securities and Exchange Commission on April 18, 2018, under the caption “Director Compensation.”

In connection with the appointment of Mr. Jones and Ms. McCollam as a directors, effective as of February 11, 2019, the Board’s Committees were reorganized and reconstituted as follows:

Audit Committee

Brad W. Buss, Chair

Adriana Karaboutis

Sharon L. McCollam

Compensation Committee

John F. Bergstrom, Chair

Eugene I. Lee, Jr.

Jeffrey J. Jones II

Nominating and Corporate Governance Committee

John F. Ferraro, Chair

Fiona P. Dias

Douglas A. Pertz

Nigel Travis

Mr. Buss and Ms. McCollam have been designated as Audit Committee Financial Experts.

Item 7.01 Regulation FD Disclosure.

On February 13, 2019, the Company issued a press release which contained the announcement of the appointment of Jeffrey J. Jones II and Sharon L. McCollam as directors of the Company. The press release is attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number	Description of Exhibit
99.1	Press Release dated February 13, 2019, announcing the appointment of Jeffrey J. Jones II and Sharon L. McCollam as directors of the Company.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	ADVANCE AUTO PARTS, INC.
Date: February 13, 2019	/s/ Jeffrey W. Shepherd
	Jeffrey W. Shepherd
	Executive Vice President, Chief Financial Officer, Controller and Chief Accounting Officer

EX-99.1

Exhibit 99.1

Advance Auto Parts Appoints Seasoned Retail Executives

to its Board of Directors

H&R Block President and CEO Jeffrey J. Jones II, and

former Best Buy executive Sharon L. McCollam join Board of Directors

RALEIGH, N.C., February 13, 2019 - Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America, that serves both professional installer and do-it-yourself customers, today announced two new appointments to its Board of Directors. Jeffrey J. Jones II, President, CEO and Director of H&R Block, Inc., and Sharon L. McCollam, former Chief Administrative and Chief Financial Officer of Best Buy Co., Inc., have been appointed to the Board, effective February 11, 2019.

Jones, 51, who will serve on the Board’s Compensation Committee, has nearly 30 years of executive management experience with top companies in the retail, consumer products and technology industries. Prior to joining H&R Block in October 2017, Jones served as Uber’s first President from 2016 to 2017. Prior to Uber, Jones was Executive Vice President and Chief Marketing Officer of Target Corporation from 2012 to 2016 where he served as a key member of the company’s executive leadership team. He helped lead the business back from a data breach in 2013 and launched a number of initiatives to drive traffic, brand affinity and loyalty. Jones also previously held senior leadership roles with The Coca-Cola Company, Gap, Inc., and the advertising agency Leo Burnett where he founded the agency’s subsidiary company, LB Works, which focused on technology solutions.

Prior to retiring from Best Buy, McCollam, 56, oversaw all aspects of global finance, IT, supply chain, customer care and real estate for the company from 2012 to 2016. McCollam was broadly recognized as the co-pilot of Best Buy’s Renew Blue transformation which has been regarded by the investment community as one of the foremost omnichannel turnarounds in the retail sector. Prior to Best Buy, McCollam served as Executive Vice President, Chief Operating and Chief Financial Officer for Williams-Sonoma, Inc. from 2006 to 2012. She was appointed to the Board of Williams-Sonoma in 2010. McCollam served as Vice President and Chief Financial Officer for Dole Fresh Vegetables, Inc. from 1996 to 2000. McCollam also serves as a member of the Board of Directors of Signet Jewelers, Ltd., and Stitch Fix, Inc., and the privately held boards of PetSmart, Inc., Hallmark Cards, Inc., GetYourGuide AG, and Art.com. In her role on the Advance Board of Directors, McCollam will serve on the Audit Committee and has been designated as an Audit Committee Financial Expert.

“I’m delighted to welcome both Jeff and Sharon to the Advance Auto Parts Board of Directors,” said Jeffrey C. Smith, Chair of the Board of Directors. “Technology and innovation continue to be critical areas of focus for Advance and both Jeff and Sharon bring a wealth of experience in these areas to the Board. In particular, Jeff’s extensive marketing and digital experience leading top retail and technology companies and Sharon’s financial expertise and experience leading Best Buy’s highly successful omnichannel turnaround will be immensely helpful as Advance continues its own transformation.”

About Advance Auto Parts

Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers. As of October 6, 2018, Advance operated 4,981 stores and 139 Worldpac branches in the United States, Canada, Puerto Rico and the U.S. Virgin Islands. The Company also serves 1,229 independently owned Carquest branded stores across these locations in addition to Mexico, the Bahamas, Turks and Caicos, British Virgin Islands and Pacific Islands. Additional information about Advance, including employment opportunities, customer service, and online shopping for parts, accessories and other offerings can be found at www.AdvanceAutoParts.com.

Investor Relations Contact:	Media Contact:
Elisabeth Eisleben	Darryl Carr
T: (919) 227-5466	T: (540) 589-8102
E:invrelations@advanceautoparts.com	E: darryl.carr@advance-auto.com