Advance Auto Parts Appoints Michael Beland as Chief Accounting Officer

Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installers and do-it-yourself customers, today announced that it has appointed Michael Beland as senior vice president, controller and chief accounting officer, effective January 5, 2025. In this role, Mr. Beland will be responsible for enterprise-wide accounting operations, tax, external financial reporting, and all related compliance.

“I am excited to welcome Michael to the Advance family as our new chief accounting officer,” said Ryan Grimsland, executive vice president and chief financial officer. “Michael’s strong expertise in accounting and financial management, paired with his familiarity of our industry, will strengthen our finance organization. I look forward to working with him closely as we execute our strategic plan to elevate the performance of the Advance blended-box business.”

Mr. Beland, 53, brings more than 25 years of accounting and finance experience to Advance. Most recently, he served as senior vice president and chief accounting officer at Driven Brands Holdings, Inc., a public franchise provider of consumer and commercial automotive services. Prior to Driven Brands, he served as the assistant corporate controller at Wolfspeed, Inc. (formerly Cree, Inc.), a public manufacturer of silicon carbide materials and devices for power applications, as well as the executive director, assistant corporate controller of PPD, LLC, a leading global contract research organization. Beland also held the role of vice president, corporate controller & compliance officer of OrthoSynetics, Inc.

Earlier in his career, Mr. Beland assumed manager roles at leading independent auditors including Arthur Anderson, Grant Thornton, and PricewaterhouseCoopers, as well as director of accounting research and policy at The Shaw Group Inc.

Mr. Beland holds a B.S.B.A. and a master’s degree in accounting and is a Certified Public Accountant and Chartered Global Management Accountant.

About Advance Auto Parts

Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installers and do-it-yourself customers. As of October 5, 2024, Advance operated 4,781 stores primarily within the United States, with additional locations in Canada, Puerto Rico, and the U.S. Virgin Islands. The company also served 1,125 independently owned Carquest branded stores across these locations in addition to Mexico and various Caribbean islands. Additional information about Advance, including employment opportunities, customer services, and online shopping for parts, accessories and other offerings can be found at www.AdvanceAutoParts.com.

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