On March 11, 2024, Advance Auto Parts, Inc. announced that it has appointed A. Brent Windom, Gregory L. Smith, and Thomas W. Seboldt as independent directors to the Company board, effective immediately. The Company stated that in connection with these appointments, the Company has entered into a cooperation agreement with Third Point LLC and Saddle Point Management, L.P.
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- Advance Auto Parts Enters into Cooperation Agreement with Third Point and Saddle Point Management