According to a recent report from Roanoke.com, Mike Coppola, chief executive officer, president and chairman of Advance Auto Parts, has resigned unexpectedly. Reasons for his departure were not provided. Advance is based in Roanoke, VA.
John Brouillard, the lead director of Advance's board, will serve as interim president, CEO and chairman of the board while Advance conducts a national search for a new CEO. Brouillard told the Roanoke, VA, news site that he did not know if Coppola's resignation was related to Advance's weak financial performance in 2006. The auto parts retailer has seen lower earnings for the last three quarters of 2006.
We will continue to bring you details on Coppola’s resignation as details are confirmed.