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    Philip B. Daniele, III

    President and Chief Executive Officer at Autozone Inc
    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 Inc

    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.