Advance Auto Parts 2001 Annual Report Download - page 29

BOARD OF DIRECTORS:
Nicholas F. Taubman
Chairman of the Board,
Retired Chief Executive Officer,
Advance Auto Parts, Inc.
Garnett E. Smith
Vice Chairman of the Board,
Retired Chief Executive Officer,
Advance Auto Parts, Inc.
Lawrence P. Castellani
Chief Executive Officer,
Advance Auto Parts, Inc.
Timothy C. Collins
Senior Managing Director and Chief Executive
Officer, Ripplewood Holdings L.L.C.
Mark J. Doran
Principal, Freeman Spogli & Co.
Peter J. Fontaine
Former Chief Executive Officer and
Chairman of the Board, Discount Auto Parts, Inc.
Paul J. Liska
Executive Vice President and
Chief Financial Officer,
Sears, Roebuck and Co.
Stephen M. Peck
General Partner, Wilderness Partners, L.P.
and The Torrey Funds, L.L.C.
Glenn Richter
Senior Vice President of Finance,
Sears, Roebuck and Co.
John M. Roth
Principal, Freeman, Spogli & Co.
William L. Salter
Retired President of the Specialty Retail
Division, Sears, Roebuck and Co.
Ronald P. Spogli
Co-Founder and Principal,
Freeman Spogli & Co.
Audit Committee:
Messrs. Doran, Fontaine, Peck and Richter.
Compensation Committee:
Messrs. Roth, Salter and Smith.
EXECUTIVE COMMITTEE:
Lawrence P. Castellani
Chief Executive Officer
Jimmie L. Wade
President and Chief Financial Officer
David R. Reid
Executive Vice President and
Chief Operating Officer
Paul W. Klasing
Executive Vice President, Merchandising
and Marketing
Robert E. Hedrick
Senior Vice President, Human Resources
SENIOR VICE PRESIDENTS:
Michael N. Coppola
Senior Vice President, Merchandising
Jeffrey T. Gray
Senior Vice President, Controller,
Assistant Secretary
Conley P. Kyle
Senior Vice President, Store Operations –
Midwest
Donald L. Lockard, Jr.
Senior Vice President, Store Operations –
West
Eric M. Margolin
Senior Vice President, General Counsel
and Secretary
Geoffrey R. McCarty
Senior Vice President, Advertising
Kurt R. Schumacher
Senior Vice President, Store Operations –
Florida
S. Lynn Stevens
Senior Vice President and
Chief Information Officer
Joe H. Vaughn, Jr.
Senior Vice President, Operations Support
Anthony R. Weatherly
Senior Vice President, Store Operations -
South
Kenneth A. Wirth, Jr.
Senior Vice President, Store Operations -
Northeast
52 ADVANCE AUTO PARTS ANNUAL REPORT 2001
Stockholder Information:
Corporate Offices:
5673 Airport Road
Roanoke, Virginia 24012
540-362-4911
Internet Site: http://www.advanceautoparts.com
Annual Meeting:
May 23, 2002, 10:00 am
Wyndham Roanoke Hotel
2801 Hershberger Road NW
Roanoke, Virginia 24017
Registrar and Transfer Agent:
Mellon Investor Services LLC
P.O. Box 3315
South Hackensack, New Jersey 07606
1-800-756-3353
TDD for Hearing Impaired: 1-800-231-5469
Foreign Stockholders: 201-329-8660
TDD Foreign Stockholders: 201-329-8354
Common Stock:
Ticker Symbol: AAP
Listing: New York Stock Exchange
Independent Accountants:
See the accompanying proxy statement regarding our
recent change in independent accountants.
SEC Form 10-K:
Stockholders may obtain free of charge a copy of the
Company’s Annual Report on Form 10-K as filed
with the Securities and Exchange Commission by
writing to the Corporate Secretary, P.O. Box 2710,
Roanoke, Virginia 24001
Or accessing the Company’s website
www.advanceautoparts.com
Stock Price Information :
The table below sets forth, for the fiscal periods indicated, the high and low
sale prices per share for our common stock, as reported by the New York
Stock Exchange or NYSE. Our common stock has been listed on the NYSE
since November 29, 2001, the closing date of the Discount acquisition.
Prior to that date, there was no public market for our common stock.
High Low
Fiscal Year Ended December 29, 2001
Fourth Quarter from November 29 $47.65 $39.70
Fiscal Year Ending December 28, 2002
First Quarter (through March 20) $49.75 $40.90
The closing sale price of our common stock on March 20, 2002 was
$44.56. At March 20, 2002, there were 410 holders of record of our
common stock.
Dividend Policy:
We have not declared or paid cash dividends on our common stock in
the last two years. We anticipate that we will retain all of our earnings
in the foreseeable future to finance
the expansion of our business and,
therefore, do not anticipate paying any dividends on our
common
stock. In addition, the terms of our senior credit facility and the
indentures governing our senior subordinated notes and senior discount
debentures currently prohibit us from declaring or paying any
dividends or other distributions on any shares of our capital stock. Any
payments of dividends in the future will be at the discretion of our
Board of Directors and will depend upon our results of operations,
earnings, capital requirements contractual restrictions contained in our
senior credit facility and notes indentures, or other agreements, the
general Corporation Law of the State of Delaware, which provides that
dividends are only payable out of surplus or current net profits, and
other factors deemed relevant by our Board of Directors.