Chairman & Chief Executive Officer Genuine Parts Company – Atlanta, Georgia
Larry Prince is Chairman and Chief Executive Officer of Genuine Parts Company in Atlanta, Georgia. Genuine Parts is the parent company of NAPA, the largest automotive replacement parts company in North America. The company also distributes industrial parts, office products, and electrical/electronic materials. Overall sales totaled $8 billion in 1999. Mr. Prince joined Genuine Parts in 1958 while still a student at the University of Memphis in Tennessee. He worked his way up from various clerical, stockroom, and sales positions becoming Vice President for Marketing in 1969. In 1973, Mr. Prince became General Manager of European Operations in Paris, France, and by 1983 was Executive Vice President for overall operations of the company. He became President and Chief Operating Officer in 1986, was promoted to Chief Executive Officer in 1989, and became Chairman and CEO in 1990, the position he still holds today. Mr. Prince serves on the board of directors of several major organizations, including Equifax, Inc.; Southern Mills, Inc.; and SunTrust Banks, Inc. and is Past Chairman of the Federal Reserve Bank of Atlanta. He is a trustee of Campbell Foundation, Tull Foundation, and Westminster Schools. Mr. Prince lives with his wife in Atlanta. They have one son.
