Advance Auto Parts

AGREEMENT GRADE
f
Fortune 500 Rank (2018)
317
OWLER CEO APPROVAL RATING
45/100
GLASSDOOR RATING
3.1/5
CEO
Thomas Greco

Advance Auto Parts is a retailer of automotive parts and accessories in the United States headquartered in Raleigh, North Carolina. AAP was founded in 1932 and had 2017 sales of approximately $9.37 billion. The combined enterprise of AAP (including Carquest branded stores) operates over 5,200 company-owned and 1,300 independently owned stores covering every U.S. state, the Virgin Islands, Puerto Rico, and Canada with more than 70,000 employees. It is the auto parts company with most stores after acquiring General Parts Incorporated in October 2013.

AG Sources

Any controversy or claim arising out of or relating to this Agreement, or any breach thereof, excepting only the enforcement of any Loyalty Obligations arising under Paragraph 18 of this Agreement, shall be settled by arbitration in the state of North Carolina in accordance with the Employment Arbitration Rules of the American Arbitration Association then in effect in the State of North Carolina and judgment upon such award rendered by the arbitrators may be entered in any court having jurisdiction thereof. The board of arbitrators shall consist of one arbitrator to be appointed by the Company, one by the Executive, and one by the two arbitrators so chosen. The arbitration shall be held at such place as may be agreed upon at the time by the parties to the arbitration. The cost of arbitration shall be borne as determined by the arbitrators. -Jeffrey Shepherd Employee Agreement (2018)

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