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Advance's Overview

Total employees219
HeadquartersRaleigh
Founded1922

The Advance Family of Companies, known publicly as Advance Auto Parts, Inc. (NYSE: AAP), is a prominent American provider of automotive aftermarket parts. Headquartered in Raleigh, North Carolina, the company caters to both professional installers (Pro) and do-it-yourself (DIY) customers. Its extensive network of stores and branches offers a wide variety of brand name, original equipment manufacturer (OEM), and private label automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, SUVs, and light and heavy-duty trucks. The 'Family of Companies' includes well-recognized brands such as Advance Auto Parts, Carquest, Worldpac, and Autopart International, collectively striving to provide customers with parts, accessories, and knowledge to keep vehicles running smoothly.

Where is Advance's Headquarters?

HQ Function

The Raleigh headquarters serves as the primary center for corporate leadership, strategic decision-making, marketing, finance, human resources, technology, and overall operational oversight for Advance Auto Parts and its associated brands.

Notable Features:

A modern office space designed to facilitate collaboration and innovation among corporate teams. While specific architectural details are not widely publicized, it likely includes contemporary office amenities and meeting facilities conducive to a large enterprise.

Work Culture:

The work culture at the headquarters is focused on customer service, teamwork, integrity, and driving results. It aims to foster an inclusive environment that encourages innovation and professional development for its team members supporting a vast retail and professional network.

HQ Significance:

Relocated to Raleigh in 2018, the headquarters is strategically positioned to leverage the region's talent pool and business ecosystem. It centralizes command for one of North America's largest automotive aftermarket parts suppliers, guiding thousands of stores and distribution centers.

Values Reflected in HQ: The headquarters' design and operations likely reflect company values such as 'Inspire, Serve, Grow,' emphasizing efficiency, collaboration, and a forward-looking approach to the automotive aftermarket industry.

Location:

The Advance Family of Companies primarily operates in North America, including the United States, Canada, Puerto Rico, and the U.S. Virgin Islands. They also serve Mexico through independently owned Carquest stores. While its retail and direct professional sales are concentrated in these regions, its subsidiary Worldpac maintains a global sourcing network to procure original equipment and premium aftermarket parts for import vehicles, giving the company an international reach in its supply chain.

Street Address:

4200 Six Forks Rd

City:

Raleigh

State/Province:

North Carolina

Country:

USA

Advance's Global Presence

Roanoke, Virginia, USA

Address: 5008 Airport Rd NW, Roanoke, VA 24012 (Significant Operations Center / Former HQ)

Supports East Coast operations and customer service, leveraging its historical ties and experienced workforce in the region.

Newark, California, USA

Address: 37131 Filbert St, Newark, CA 94560 (Worldpac U.S. Headquarters)

Crucial for serving the import vehicle aftermarket across North America, with a strong focus on professional import repair specialists.

Mississauga, Ontario, Canada

Address: Refer to Carquest Canada for specific address (Example: 2000 Argentia Rd, Mississauga, ON L5N 1P7 - general area for such HQs)

Supports the network of Carquest stores across Canada, catering to both DIY and professional customers in the Canadian market.

Buying Intent Signals for Advance

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Advance

As of April 2025, Advance' leadership includes:

Shane O'Kelly - President and Chief Executive Officer
Ryan Grimsland - Executive Vice President and Chief Financial Officer
Sri Donthi - Executive Vice President, Chief Digital and Information Officer
Samantha Lee - Executive Vice President, Chief Human Resources Officer
Elizabeth Dreyer - Executive Vice President, General Counsel and Corporate Secretary
Junior Word - Executive Vice President, U.S. Stores
Danielle Portnoy - Executive Vice President, Supply Chain

Investors of Advance

Advance has been backed by several prominent investors over the years, including:

The Vanguard Group
BlackRock Inc.
Starboard Value LP
FMR LLC (Fidelity Management & Research)
State Street Corporation
Publicly Traded (NYSE: AAP)

Executive New Hires/Exits in the Last 12 Months

Hire2
Exits2

Advance Family of Companies (Advance Auto Parts) has undergone significant leadership renewal in the past 12-18 months, notably appointing a new CEO and CFO to drive its strategic transformation and enhance operational performance.

Departures

Tom Greco, Tom Greco retired from his role as President and CEO after serving since 2016.
Jeff Shepherd, Jeff Shepherd stepped down as EVP and CFO.

New Appointments:

Shane O'Kelly, Shane O'Kelly was named the new President and CEO to lead Advance Auto Parts' next chapter.
Ryan Grimsland, Ryan Grimsland was appointed EVP and CFO, bringing robust financial expertise to the leadership team.

Technology (Tech Stack) used by Advance

Discover the tools Advance uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Advance Email Formats and Examples

Advance Family of Companies (Advance Auto Parts) commonly utilizes a standardized email format for its corporate employees, which is typically the employee's first name followed by a period, then their last name, at the company's primary domain.

first.last@advanceautoparts.com

Format

jane.doe@advanceautoparts.com

Example

85%

Success rate

News and media

ReutersMay 29, 2024

Advance Auto Parts Misses Q1 Sales Estimates on Weak DIY Demand

Advance Auto Parts reported first-quarter 2024 sales below Wall Street expectations, primarily due to softer demand from its do-it-yourself customer segment. The company emphasized its ongoing efforts to improve operational execution and its commitment to its strategic initiatives under new leadership....more

ReutersFebruary 28, 2024

Activist Investor Starboard Unveils Plan to Boost Advance Auto Parts Shares

Starboard Value LP, an activist investment firm holding a significant stake in Advance Auto Parts, presented a detailed strategic plan aimed at enhancing the company's operational efficiency, expanding margins, and ultimately driving substantial shareholder value....more

Advance Auto Parts CorporateSeptember 11, 2023

Shane O'Kelly Assumes Role as President and CEO of Advance Auto Parts

Shane O'Kelly officially began his tenure as President and Chief Executive Officer of Advance Auto Parts, succeeding Tom Greco. O'Kelly is focused on leading the company through its transformation and capitalizing on growth opportunities in the automotive aftermarket....more

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