Auto Zone

Auto Zone

Advance Auto Parts Inc. is the largest auto parts retailer in North America and is based out of Roanoke Virginia. With over 2,400 stores in 38 states, Puerto Rico and the Virgin Islands, the company serves all levels of customer from the do-it-yourself mechanic to the professional mechanic.   Advance Auto Parts was founded in 1932 when Arthur Taubman purchases Advance Stores, LLC from Pep Boys, which consists of three stores: two in Roanoke, VA and one in Lynchburg, VA.  
Mr. Taubman founded the company on three main values: 1) Inspire and build the self-confidence and success of every Team Member.   2) Serve our customers better than anyone else - help them succeed.   3) Grow the business and profitability with integrity.   The Taubman family sold Advance Auto in 1998 and in 2001 Advance became a public company and traded on the NYSE under the symbol AAP.   Under CEO Darren Jackson’s leadership, along with the direction of the board of directors Advance Auto Parts is seeing great success.   The board of directors is made up of ten persons, seven men and three women, and 2 of the members are internal members.   CEO Darren Jackson has held a position on the board of directors since 2004 when he was employed by Best Buy Company, Mr. Jackson has held many positions of power in many retail organizations and was brought on board with Advance for his expertise in the retail industry.   Advance Auto Parts chooses to not have Darren Jackson serve on any committees to eliminate the potential of any conflict of interest; this is written in the company code of ethics along with many other regulations that deal with the disclosure and reporting procedures.  
Advance Auto Parts is an organization that takes great pride in their profitability and has made their information public record on their website.   The organization performs quarterly financial inquires and use this information to compile and disclose their financial information to SEC annually.   Advance uses the code of...