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Philip B. Daniele, III

President and Chief Executive Officer at AUTOZONE
Since January 2, 2024
Age
55 years
Tenure
Started his career at AZO in 1993 and over the years held several leadership positions including Divisional Vice President, Vice President roles, Senior Vice President, Executive Vice President, CEO-Elect, and ultimately was appointed President and CEO in January 2024.

Also at AUTOZONE

JJ
Jamere Jackson
Chief Financial Officer
KEJJ
Kenneth E. Jaycox, Jr.
Senior Vice President – Commercial
TBN
Thomas B. Newbern
Chief Operating Officer

About

At 55 years old with approximately 40 years of experience in the aftermarket automotive industry, he has established a robust background and commitment to excellence in every role he has assumed.

He began his journey at the company in 1993, steadily working his way through multiple key management positions. Over the decades, his career has been marked by progressive leadership roles, including serving as Divisional Vice President, Vice President in various capacities, Senior Vice President, and Executive Vice President, before being named CEO-Elect in mid-2023.

In January 2024, he was appointed as President and Chief Executive Officer, a role that capped decades of dedicated service and highlighted his strategic vision and operational expertise. His extensive experience across merchandising, marketing, supply chain, and store operations continues to drive the company’s growth and success.

$AZO Performance Under Philip B. Daniele, III

Past Roles

OrganizationRoleDate RangeDetails
AutoZone (AZO)CEO-ElectJune 2023 - January 2024Former role before promotion to President and CEO
AutoZone (AZO)Executive Vice President – Merchandising, Marketing, and Supply ChainJune 2021 - September 2023Former leadership role
AutoZone (AZO)Senior Vice President – Commercial2015 - 2021Former leadership role
AutoZone (AZO)Vice President – Commercial Support2013 - 2015Former leadership role
AutoZone (AZO)Vice President – Merchandising2008 - 2013Former leadership role
AutoZone (AZO)Divisional Vice President – Store Operations2005 - 2008Former leadership role
AutoZone (AZO)Key Management PositionsPrior to 2005Various key roles within the company

Fixed Compensation

Data from  FY 2024
Component NameAmountPayment ScheduleAdditional Details
Base Salary $855,000AnnuallyFixed annual salary
Perquisites and Personal Benefits $16,585AnnuallyIncludes matching charitable contributions, home security system/monitoring services, airline club memberships, spouse business-related travel, long-term disability insurance premiums
Charitable Contributions $50,000AnnuallyMatching contributions under the AutoZone Matching Gift Program
Imputed Income $11,191AnnuallyRepresents imputed earnings on company-paid, taxable life insurance and miscellaneous items
Employer Contributions $35,745AnnuallyContributions to the AutoZone, Inc. 401(k) Plan and the AutoZone, Inc. Executive Deferred Compensation Plan
Life Insurance Premiums $2,720AnnuallyCompany-paid life insurance premiums

Performance Compensation

Data from  FY 2024

Non-Equity Incentive Plan Compensation

MetricValueNotes
Base Salary $855,000Basis for computing target incentives
Target Incentive % 114.8%Target incentive as a percentage of base salary
Target Incentive Amount $1,009,327114.8% of base salary
Actual Payout Amount $1,002,36399.31% of target incentive
Threshold 50% of TargetMinimum payment level under the EICP
Maximum (Cap) 300% of TargetMaximum incentive under the EICP
Evaluation Period N/ANot provided
Vesting Schedule N/ANo vesting schedule details provided

Stock Awards

No performance metrics or targets provided for the Stock Awards component.

Option Awards

No performance metrics or performance targets provided for the Option Awards component.