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Founders

Who Founded Genuine Parts?

Carlyle Fraser, Malcolm Fraser, William 'Bill' Martin · Founded 1928 · HQ today: Atlanta, Georgia

Who founded Genuine Parts?

Genuine Parts was founded by Carlyle Fraser, Malcolm Fraser, William 'Bill' Martin in 1928 in Atlanta, Georgia, United States. It is now led by Will Stengel.

Founders
Carlyle Fraser, Malcolm Fraser, William 'Bill' Martin
Founded
1928
Headquarters
Atlanta, Georgia
Number of founders
3
Current CEO
Will Stengel (since 2024)
Where was Genuine Parts founded?
Genuine Parts was founded in Atlanta, Georgia, United States in 1928. en.wikipedia.org
When was Genuine Parts founded?
Genuine Parts was founded in 1928.
Who started Genuine Parts?
Genuine Parts was founded by Carlyle Fraser, Malcolm Fraser and William 'Bill' Martin.
How old is Genuine Parts?
Genuine Parts is 98 years old as of 2026.

Founding Story

In 1928, Carlyle Fraser recognized a large flaw in the early automotive industry. Henry Ford was building millions of cars, but there was no system in place to repair them when they broke. If a water pump failed in Georgia, the mechanic had to mail a letter to Detroit and wait weeks for the part. Fraser bought a tiny shop in Atlanta and co-founded the National Automotive Parts Association (NAPA). His simple, large idea was to aggregate parts from multiple manufacturers into local warehouses, essentially inventing the modern auto repair industry.

Carlyle Fraser

Co-founder 1928

Background

Carlyle Fraser founded Genuine Parts Company in 1928 in Atlanta, Georgia, purchasing Motor Parts Depot for $40,000 and renaming it Genuine Parts Company. He developed the company's core philosophy of distributing only top-tier, guaranteed-quality automotive parts backed by unconditional guarantees. Fraser served as president and later chairman, guiding the company from a single store with six employees to a national distribution network. He was elected President of the National Automotive Parts Association (NAPA) in 1941-1942 and served as director of the Chamber of Commerce of the United States (1940-1949). He also served as a delegate to an International Labor Conference in Paris in 1945. Fraser's vision of quality-backed distribution and cooperative relationships with independent stores became the foundation of GPC's business model.

Role at Genuine Parts Company

Carlyle Fraser founded Genuine Parts Company in Atlanta on May 7, 1928, buying Motor Parts Depot for $40,000 and renaming it. The first store had six employees and posted about $75,000 of sales in its first year. Fraser's idea was that mechanics needed a dependable local source of quality, guaranteed replacement parts at a time when cars were spreading fast but parts supply was disorganized. GPC was an early member of the National Automotive Parts Association (NAPA), founded in 1925, and Fraser served as NAPA's president in 1941-1942. Under his leadership the company survived the Depression, partly by refurbishing used parts, and went public in 1948. Carlyle Fraser was born in 1895.

Malcolm Fraser

Co-founder 1928

Background

Malcolm Fraser was Carlyle Fraser's brother and co-founder of Genuine Parts Company. He played a significant role in the early business alongside Carlyle, helping establish the company's operations and culture in the formative years. While Carlyle was the primary and leader, Malcolm contributed to building the business from its founding in 1928 through the early decades of growth.

Role at Genuine Parts Company

Malcolm Fraser was the brother of Carlyle Fraser and co-founder of Genuine Parts Company in 1928. While less prominent in historical records than his brother, Malcolm played an important role in the company's early development, working alongside Carlyle to build the business from a single Atlanta auto parts store into a growing regional distributor. The Fraser brothers shared a vision for quality automotive parts distribution that would define the company's culture for generations. Malcolm's contributions to the founding and early growth of GPC helped establish the operational foundation that would support the company's expansion through the Great Depression and into the post-war boom era. (Exact birth year remains publicly undisclosed).

William 'Bill' Martin

Co-founder 1928

Background

William 'Bill' Martin is listed in some company histories as an early partner of Carlyle Fraser. Public records give few verifiable details about his role.

Role at Genuine Parts Company

William 'Bill' Martin is credited in some accounts as an early partner in Genuine Parts Company around its 1928 founding in Atlanta. Detailed, verifiable information about his specific contribution is limited, and most historical sources focus on Carlyle Fraser as the company's founder. (Exact birth year remains publicly undisclosed).

Genuine Parts Company: CEO & Leadership History

Full timeline →

Court Carruthers

CEO-elect of Genuine Parts Company (automotive business)

2026 – Present

He will lead the post-separation GPC, which keeps NAPA in North America, Alliance Automotive Group in Europe and Repco in Australasia.

Will Stengel

Chairman and Chief Executive Officer (to become Chairman and CEO of Motion after the separation)

2024 – Present

Stengel represents a new, dynamic era of leadership for the century-old distribution giant. His willingness to dismantle the conglomerate structure that had defined the company for decades demonstrates a pragmatic, aggressive commitment to unlocking shareholder value and increasing operational focus. By splitting the NAPA and Motion businesses, he aims to ensure that both entities can independently pursue specialized growth strategies and distinct capital allocation priorities in their respective global markets.

Paul Donahue

Former Chairman and CEO

2016 – 2024

Donahue provided crucial, steady leadership during a period of necessary structural transition, modernizing the company's portfolio to adapt to changing macroeconomic conditions. His disciplined divestitures simplified the corporate structure, fortified the balance sheet, and ultimately laid the essential strategic groundwork that made his successor's plan to split the remaining automotive and industrial businesses viable.

Tom Gallagher

Former Chairman and CEO

2004 – 2016

Gallagher is a revered figure in the company's history, representing the steady, reliable, blue-collar ethos that defined GPC for decades. His successful international acquisitions provided critical new revenue streams as domestic growth slowed. His conservative, disciplined financial management ensured the company's survival and continued profitability during the severe economic contraction of the 2008 global financial crisis.

Keep researching Genuine Parts

Who Founded Genuine Parts? FAQ

Who founded Genuine Parts Company and in what year was it established?

Genuine Parts Company was founded on May 7, 1928, in Atlanta, Georgia, by entrepreneur and automotive aftermarket pioneer Carlyle Fraser.

How did Carlyle Fraser start Genuine Parts Company during the early automotive era?

Carlyle Fraser purchased Motor Parts Depot in Atlanta for $40,000, renaming it Genuine Parts Company. Fraser recognized that as automobiles became the dominant mode of American transportation, independent repair shops required a reliable, standardized supply of replacement parts to keep cars running.

What was Carlyle Fraser's involvement in the founding of the National Automotive Parts Association (NAPA)?

In 1925, prior to founding GPC, Carlyle Fraser joined a group of independent auto parts distributors to establish NAPA (National Automotive Parts Association) to standardize parts distribution, improve cataloging, and ensure quality replacement parts were available nationwide.

What foundational business principles did Carlyle Fraser instill at Genuine Parts Company?

Carlyle Fraser built GPC on the principles of exceptional customer service, maintaining complete inventory of quality parts, partnering closely with independent garage owners, treating employees with dignity, and reinvesting earnings back into business expansion.

How did Carlyle Fraser guide Genuine Parts Company through the Great Depression of the 1930s?

During the Great Depression, when consumers could not afford new cars and were forced to repair existing vehicles, Fraser capitalized on the surging demand for maintenance parts, expanding GPC's warehouse distribution footprint and supporting independent local garage operators.

When did Genuine Parts Company complete its initial public offering (IPO)?

Genuine Parts Company completed its public stock offering in 1948, transitioning into a publicly traded corporation to fund post-war distribution warehouse expansions across the southeastern United States and nationwide.

Where was the original Genuine Parts Company store located in Atlanta?

The original Genuine Parts Company store opened on Spring Street in downtown Atlanta, Georgia, serving as the commercial springboard for what would become an international distribution network of over 10,700 global locations.

What legacy did Carlyle Fraser leave upon his passing in 1961?

Carlyle Fraser left behind an enduring corporate legacy of customer-first distribution excellence, a decentralized operational culture, and a solid financial foundation that enabled GPC to grow into a Fortune 200 global enterprise.

Who founded Genuine Parts?

It was founded by Carlyle Fraser. He was a pioneer in automotive logistics. Before GPC, local mechanics had to wait weeks for parts to ship directly from Detroit automakers. Fraser built a massive system of regional warehouses that held inventory locally, drastically reducing repair times for everyday Americans.

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