April 05, 2013 at 13:02 PM EDT
Investors Not Mollified By Advance Auto Shakeup
A management shakeup at Advance Auto Parts (AAP) sent shares lower Friday morning. The third-largest publicly traded auto parts chain gapped down at the open and was 1.5% lower at 80.92 shortly after noon ET on the stock market today. Late Thursday, the company announced that it has named George Sherman as president. He's a former Target (TGT) and Home Depot (HD) executive. His most recent job was as senior vice president at Best Buy (BBY), in
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