Advance Auto Parts, Inc. announced that Mr. Jeffrey Smith will not stand for re-election at the May 2020 annual meeting of shareholders. Mr. Smith became a member of the board in November 2015 and has served as the independent chair since May 2016. Mr. Smith’s current term expires May 15, 2020. The board of directors intends to appoint Eugene Lee, Jr., a current independent director and the president and chief executive officer of Darden Restaurants, Inc., as chair in May 2020. Unrelated to Mr. Smith’s departure, Ms. Adriana Karaboutis, who has served as a member of the board since February 2015, has elected to not stand for re-election at the May 2020 annual meeting of shareholders following the expiration of her current term. The nominating and governance committee has commenced a search for additional director candidates.