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

February 18, 2020

Date of Report (date of earliest event reported)

GENUINE PARTS COMPANY

(Exact name of registrant as specified in its charter)

GA		001-05690	58-0254510
(State or other jurisdiction of incorporation or organization)		(Commission File Number)	(I.R.S. Employer Identification No.)
2999 WILDWOOD PARKWAY,
ATLANTA,	GA		30339
(Address of principal executive offices)			(Zip Code)

(678) 934-5000

Registrant's telephone number, including area code

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 (see General Instruction A.2. below):

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

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CF.14a-12)

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

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

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $1.00 par value per share	GPC	New York Stock Exchange

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 ☐

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. ☐

Item 8.01 Other Events

On February 17, 2020, the Board of Directors of Genuine Parts Company (the "Company") declared a regular quarterly cash dividend of seventy-nine cents ($0.79) per share on the Company’s common stock. The dividend is payable on April 1, 2020 to shareholders of record on March 6, 2020.

A copy of the press release is furnished with this Current Report on Form 8-K as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit Number	Description
99.1	Press Release dated February 18, 2020
104	The cover page from this current report on Form 8-K, formatted in inline XBRL

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.

	Genuine Parts Company
February 18, 2020	By:	/s/ Carol B. Yancey
		Name: Carol B. Yancey
		Title: Executive Vice President and CFO

EX-99.1

	GENUINE PARTS COMPANY
	NEWS RELEASE

FOR IMMEDIATE RELEASE

GENUINE PARTS COMPANY

MARKS 64^th CONSECUTIVE YEAR OF INCREASED DIVIDENDS

AND ANNOUNCES OFFICER CHANGES

- Dividend for 2020 Increased by 4% -

Atlanta, Georgia, February 18, 2020 - Genuine Parts Company (NYSE: GPC) announced today a 4% increase in the regular quarterly cash dividend for 2020. The Board of Directors of the Company, at its February 17, 2020 Board meeting, increased the cash dividend payable to an annual rate of $3.16 per share compared with the previous dividend of $3.05 per share. The quarterly cash dividend of seventy-nine cents ($0.79) per share is payable April 1, 2020 to shareholders of record March 6, 2020. GPC has paid a cash dividend every year since going public in 1948, and 2020 marks the 64^th consecutive year of increased dividends paid to shareholders.

Genuine Parts Company also announced today that its Board of Directors approved two corporate officer changes, effective immediately. Treg S. Brown was named Executive Vice President, Mergers and Acquisitions, and will continue to lead the Company’s global acquisition strategy. In Treg’s 25-year career with the Company, he has served as an officer in several key financial roles, including Planning and Acquisitions and Customer Financial Services, and has been instrumental in GPC’s domestic and global growth. James R. Neill was named Executive Vice President and Chief Human Resources Officer and is responsible for leading all aspects of the Company’s human resources (HR) organization. Jim has devoted his entire career to the HR business field and, as an officer of the Company since joining GPC in 2006, has provided exemplary leadership in the areas of talent management and employee engagement, corporate compliance, sustainability and safety.

Paul Donahue, Chairman and Chief Executive Officer of Genuine Parts Company, commented, “We are pleased to have Treg and Jim in these new roles, as they are both talented leaders and key executives of the Company. Treg has been instrumental to GPC’s domestic and global growth for many years, and Jim has played a vital role in the evolution of our global human resources initiatives, which are ever growing. We applaud them for their impressive careers thus far and look forward to their future contributions to the Company.”

Genuine Parts Company plans to release Fourth Quarter and Year-End Earnings tomorrow morning. Management will also conduct a conference call at 11:00 a.m. Eastern time. The public may access the call on the Company’s website, www.genpt.com, by clicking “Investors”, or by dialing 877-407-0789. The conference ID is 13698286. If you are unable to participate during the call, a recording of the call will be

available on the Company’s website or toll-free at 844-512-2921, ID 13698286, two hours after the completion of the conference call until 12:00 a.m. Eastern time on March 4, 2020.

About Genuine Parts Company

Genuine Parts Company is a distributor of automotive replacement parts in the U.S., Canada, Mexico, Australasia, France, the U.K., Germany, Poland, the Netherlands and Belgium. The Company also distributes industrial replacement parts in the U.S., Canada, Mexico and Australasia through its Industrial Parts Group. S.P. Richards Company, the Business Products Group, distributes a variety of business products in the U.S. Genuine Parts Company had 2018 revenues of $18.7 billion. Further information is available at www.genpt.com.

Contacts

Carol B. Yancey, Executive Vice President and CFO - (678) 934-5044

Sidney G. Jones, Senior Vice President - Investor Relations - (678) 934-5628

XML

Document and Entity Information	Feb. 18, 2020
Cover page.
Entity Central Index Key	0000040987
Amendment Flag	false
Document Type	8-K
Document Period End Date	Feb. 18, 2020
Entity File Number	001-05690
Entity Registrant Name	GENUINE PARTS CO
Entity Incorporation, State or Country Code	GA
Entity Tax Identification Number	58-0254510
Entity Address, Address Line One	2999 WILDWOOD PARKWAY,
Entity Address, Postal Zip Code	30339
Entity Address, City or Town	ATLANTA,
Entity Address, State or Province	GA
City Area Code	678
Local Phone Number	934-5000
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common Stock, $1.00 par value per share
Trading Symbol	GPC
Security Exchange Name	NYSE
Entity Emerging Growth	false