Advance Auto Parts 2002 Annual Report Download - page 8

The Discount Auto Parts Team Members have worked tirelessly to make the integration process a big success. It's no surprise
when you consider the experience of the people making it happen. Like Kurt Schumacher, Senior Vice President, Store
Operations-Florida, who, between Discount and Advance, has gained 12 years of valuable expertise. Tommy Merk, Regional Vice
President, has 14 years of combined service. And Regional Vice Presidents Doug Snyder and Joe Villavicencio have both been a
part of the family for 20 years. Thanks to their strong leadership, our Team Members are producing on-plan results through the
integration process.
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Board photo
w/article
Also Officers and
boards, etc. listing...
Officers &
Board of Directors
BOARD OF DIRECTORS:
Lawrence P. Castellani
Chairman and Chief Executive Officer,
Advance Auto Parts, Inc.
Mark J. Doran (1)
Principal, Freeman Spogli & Co.
Peter J. Fontaine (1)
Former Chief Executive Officer and
Chairman of the Board, Discount Auto Parts, Inc.
Stephen M. Peck (1*)
General Partner, Wilderness Partners, L.P.
and The Torrey Funds, L.L.C.
Gilbert T. Ray (3*)
Retired Partner,
O’Melveny & Myers, L.L.P.
John M. Roth (2,3)
Principal, Freeman Spogli & Co.
William J. Salter (2)
Retired President of the Specialty Retail
Division, Sears, Roebuck and Co.
Francesca Spinelli (2*)
Senior Vice President, People
Radio Shack Corporation
Ronald P. Spogli
Co-Founder and Principal
Freeman Spogli & Co.
Committee Membership:
1 Audit
2 Compensation
3 Corporate Governance and
Nominating Committee
* Chair
EXECUTIVE COMMITTEE:
Lawrence P. Castellani
Chairman and 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
Roy Martin
Senior Vice President,
Logistics and Replenishment
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
In appreciation for their Dedicated Leadership
of Advance Auto Parts
On February 12, 2003, Nicholas F. Taubman,
Chairman of the Board, and Garnett E. Smith, Vice
Chairman of the Board, took the final step in the lead-
ership transition process by retiring from our Board of
Directors. Their legacy of integrity, hard work and
unwavering commitment to customer service will
remain forever ingrained in the hearts of our 33,000
Team Members.
Nick and Garnett grew Advance Auto Parts from a small
regional chain of home and auto supply stores to one of
the leading specialty retailers in the United States, with
more than 2,400 stores. They built Advance Auto Parts
on the ideals of honesty, integrity, and the Golden Rule.
Their strong character made Advance a successful
company and a special place to work.
Many of us at Advance Auto Parts remember Nick and
Garnett rolling up their sleeves and helping unload the
weekly delivery truck or relieving a store manager so
he could be with his family on a holiday or a special
occasion. This selfless commitment to the team gives
them a special place in our hearts.
Thank you Nick and Garnett for your dedicated lead-
ership, values and service to Advance Auto Parts. You
have set the highest standard by which we will meas-
ure ourselves going forward. You will always be part of
the Advance Auto Parts family. Gentlemen, we will not
disappoint you!
With Deep Appreciation,
The Advance Auto Parts Family
Board of Directors pictured: left to right; Peter J. Fontaine; Garnett E. Smith; Gilbert T. Ray; William J. Salter; Lawrence P. Castellani; Ronald P. Spogli; Mark J. Doran;
Stephen M. Peck; John M. Roth; Nicholas F. Taubman; Francesca Spinelli
surrounding stores
• Completing 100% of the merchandise mix
alignment in the Florida market, which
totaled 75,000 new Plan-O-Grams (377
stores with 200 new Plan-O-Grams),
using 275,000 hours of labor
• Converting over 50% of the in-store
operating systems in the Florida market,
with the completion anticipated in 2003
• Re-branding of the stores in the Florida market to
“Advance Discount Auto Parts.” In 2002, we
physically converted 51 stores and anticipate
that all the stores will be completely converted
to Advance Discount Auto Parts in the next
two to three years
• Converting the Mississippi distribution center
to the Advance Auto Parts system with more
than 300% increase in its utilization
The integration of Discount Auto Parts is progress-
ing well because of good communication. We com-
municated where we are going and how we are
going to get there. When we hit a bump in the road,
we communicate the problem and come up with a
solution. We keep everyone focused on serving the
customer better. All our Team Members know that
they are the ones who make our customers come
back for all their automotive needs. That’s what
makes us ready in Advance to be a winning team.
We’re ready to make Advance Auto Parts a
special place to work. This company was built
on the belief that Team Members should be treated
like family. That philosophy continues to permeate
everything we do. We know that the success of
the Company is clearly attributable to our Team
Members.
During 2002, our human resources team worked
diligently on new programs and enhanced benefits
to continue making Advance Auto Parts a special
place to work.
The new initiatives include:
• A Team Member stock purchase plan – Through
regular payroll deductions, thousands of
Team Members have become owners of
Advance Auto Parts.
• An expanded 401K plan – We are offering
our Team Members enhanced education
and communication about their options, a
wider selection of investment alternatives, a
competitive match, and more enrollment
opportunities.
• Improved medical network – In late 2001
we changed our medical insurance to a
leading company that has a vast network
of providers in all areas of the country.
Our focus on developing our team is the initiative
we’re most proud of. At Advance Auto Parts we
know that each of our team members has much to
contribute. That’s why we want to help all of them
reach their potential. We’re accomplishing this
through training and goal setting, as well as a struc-
tured performance management process. In addition,
a formalized succession management program was
also implemented to provide greater opportunities
for the growth of our Team Members.
“At Advance Auto Parts - The Best Part is Our People”
and we’re working hard to maintain that spirit!
The best leaders learn
from experience.
For Andy Perez that
meant getting a very
early start.
Andy started his career at Discount Auto Parts as a
part-time sales person at the age of 17. He was a
store manager at 20, the youngest in the chain. At
23 he was running the highest volume store in the
Discount Auto Parts chain. And at 25 he was pro-
moted to division manager. Thanks to his talent,
drive and ability to motivate others, Andy has been
chosen to represent all of the hard working
Discount Auto Parts Team Members adopted into
the Advance Auto Parts family as part of the acqui-
sition in November 2001.
“What I like most about my job is the people,” says
Andy. “We're all like a big family. After all, we spend
a lot of time working together.” The acquisition
means Andy's family got a lot bigger. “Now we've
got more opportunities and more people who real-
ly care. We have more high-quality parts to sell and
more Team Members to sell them and that is a
recipe for success,” says Andy.
Andy credits his family, as well as his mentor,
Regional Vice President Joe Villavicencio, with his
success. At the age of 7, Andy and his family
came to the United States as refugees from Cuba.
They were determined to make it in America and
this determination has spurred Andy forward.
Through his career at Discount Auto Parts, Joe
Villavicencio continued to develop and promote
Andy. Andy credits Joe for demonstrating the
qualities of a good leader, including the ability to
coach, motivate, and build confidence in all the
Team Members with whom he works.
Pictured: Andy Perez, left with Judd Poindexter
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Senior Management Team pictured:
1. Kurt R. Schumacher 2. Roy Martin
3. Donald L. Lockard, Jr. 4. Robert E.
Hedrick 5. Jeffrey T. Gray 6. Kenneth A.
Wirth, Jr 7. S. Lynn Stevens 8. Joe H.
Vaughn, Jr. 9. Anthony R. Weatherly
10. Geoffrey R. McCarty 11. David R.
Reid 12. Paul W. Klasing 13. Eric M.
Margolin 14. Michael N. Coppola
15. Conley P. Kyle
continued from page 12
Pictured: left to right; Joe Villavicencio; Kurt Schumacher; Doug Snyder; Tommy Merk
We’re ready with a
great team at Advance
Discount Auto Parts
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