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Founders

Who Founded Advance Auto Parts?

Arthur Taubman · Founded 1929 · HQ today: Raleigh, North Carolina

Who founded Advance Auto Parts?

Advance Auto Parts was founded by Arthur Taubman in 1929. It is now led by Shane O'Kelly.

Founders
Arthur Taubman
Founded
1929
Headquarters
Raleigh, North Carolina
Number of founders
1
Current CEO
Shane O'Kelly (since 2023)
Where was Advance Auto Parts founded?
Advance Auto Parts was founded in Roanoke, Virginia in 1929.
Who started Advance Auto Parts?
Advance Auto Parts was founded by Arthur Taubman.
How old is Advance Auto Parts?
Advance Auto Parts is 97 years old as of 2026.

Founding Story

The company traces Advance Stores Company to 1929. On April 29, 1932, Arthur Taubman acquired the three-store business, consisting of two locations in Roanoke and one in Lynchburg, Virginia. The retailer initially sold general merchandise as well as automotive products before narrowing its focus to automotive parts.

Arthur Taubman

Co-founder 1932

Background

Arthur Taubman was a retailer who acquired the three-store Advance Stores business on April 29, 1932. The locations were in Roanoke and Lynchburg, Virginia, and sold general merchandise as well as automotive products.

Role at Advance Auto Parts, Inc.

Advance Stores Company existed before Taubman's ownership, which is why the FY2025 Form 10-K gives 1929 as the company's founding year. The company's own 90th-anniversary history identifies April 29, 1932 as the date Arthur Taubman acquired the business and began the ownership era from which modern Advance Auto Parts developed.

Arthur Taubman was born in 1901 in Astoria.

Taubman died on March 15, 1994 in Boca Raton, Florida. He is also remembered as a humanitarian.

Advance Auto Parts, Inc.: CEO & Leadership History

Full timeline →

Shane O'Kelly

President and Chief Executive Officer

2023 – Present

O'Kelly joined Advance in September 2023. Under his leadership the company sold Worldpac, approved a restructuring plan, completed store-footprint optimization, and focused its strategy on merchandising, supply chain, and store operations.

George Sherman

Interim Chief Executive Officer

2016 – 2016

As CEO, he managed the agonizingly slow integration of Carquest, but ultimately failed to close the massive operating margin gap with rivals AutoZone and O'Reilly, leading to his retirement.

Tom Greco

President and Chief Executive Officer

2016 – 2023

Greco served from April 2016 until August 2023. During his tenure Advance acquired the DieHard brand and designated Raleigh as corporate headquarters.

Darren Jackson

President and Chief Executive Officer

2008 – 2016

Jackson became president and CEO in January 2008 and led Advance during the 2014 General Parts International acquisition.

Keep researching Advance Auto Parts

Who Founded Advance Auto Parts? FAQ

When was Advance Auto Parts founded?

The FY2025 Form 10-K traces Advance Stores Company to 1929. Arthur Taubman acquired the three-store predecessor on April 29, 1932, the date used for the Taubman-era origin story.

Who was Arthur Taubman?

Arthur Taubman was the retailer who acquired the three-store Advance Stores business in 1932 and developed the enterprise associated with modern Advance Auto Parts.

How many stores did Taubman acquire?

He acquired a three-store business with two locations in Roanoke and one in Lynchburg, Virginia.

Was Charles Taubman a verified co-founder?

The reviewed company and SEC sources identify Arthur Taubman in the founding story; they did not substantiate the prior structured claim that Charles Taubman co-founded Advance.

Who founded Advance Auto Parts?

Arthur Taubman essentially created the modern company when he purchased three stores from Pep Boys in 1932.

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Content is for informational purposes only. Not financial advice. Data sourced from SEC filings, annual reports, and public records. See our full disclaimer and methodology.