- Home /
- Citybiznews /
- Public Companies /
<!––>
Share
Email this Article
We Recommend…
By Bill Murphy
ROANOKE, Va. — Advance Auto Parts Inc. (NYSE: AAP) president Jim Wade has sold shares totaling $6.04 million.
Wade, who has served in this capacity since 2009, sold 95,800 shares at an average price of $63.04 per share. The sale followed conversion of his stock options at an average exercise price of $34.75 per share, giving Wade a net gain of $2.71 million.
A 17-year company veteran, Wade was executive vice president for customer development before being named president. Through his stint, Wade has held multiple senior leadership roles, including that of CFO, and played key roles in a number of acquisitions including those of Western Auto Supply Company/Parts America, Discount Auto Parts and Autopart International.
Based in Roanoke, Va., Advance Auto Parts is an automotive aftermarket retailer with over 3,500 stores in 39 continental states, Puerto Rico and Virgin Islands. Among other things, the stores sell automotive parts, accessories, batteries and maintenance items.
Form 4 filing: http://tinyurl.com/3qylo83
Also at citybizlist, see:
Advance Auto Parts Raises Over $4.8M for Charity
Advance Auto Parts Announces Organization Changes
Advance Auto Parts Announces $300M Notes Offering
Advance Auto Parts Appoints Bill Carter SVP
To find out more about the company in this article and to see if you
have business connections, click below:
-
Advance Auto Parts Inc.
Please enable JavaScript to view the
comments powered by Disqus.
blog comments powered by
Disqus
Sign-in to connect with your friends on Citybizlist
<!–
Edit Connections
Update your Status Update Your Status Hide Status Box
–>