AutoZone Compensation Committee approves pay packages for new COO, CFO, and CEO transition

AUTOZONE INC

New COO Thomas Newbern and new CFO Jamere Jackson: $800k base salary, 100% bonus target, $5.2M stock option grant (Oct 6, 2023).
CEO William Rhodes: cash unchanged until Jan 2024; post-Transition to Executive Chairman: $150k base, no bonus.
Rhodes receives $4.85M stock option grant, cliff-vest Oct 2028; 50% at 110% exercise price, 50% at 100%.
New compensation effective Oct 22, 2023 for COO/CFO; option grants on Oct 6, 2023.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Jamere Jackson

Chief Financial Officer

AZO · AUTOZONE INC

Filed: October 4, 2023, 7:59 PM ET

Jamere Jackson to the position of Chief Financial Officer

Appointed

Thomas B. Newbern

Chief Operating Officer

AZO · AUTOZONE INC

Filed: October 4, 2023, 7:59 PM ET

Thomas B. Newbern to the position of Chief Operating Officer

Role change

William C. Rhodes, III

Executive Chairman

AZO · AUTOZONE INC

Filed: October 4, 2023, 7:59 PM ET

when he relinquishes his roles as President and Chief Executive Officer and is appointed by the Board to the role of Executive Chairman

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jamere Jackson was appointed as Chief Financial Officer at AUTOZONE INC.

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

Jamere Jackson to the position of Chief Financial Officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Thomas B. Newbern was appointed as Chief Operating Officer at AUTOZONE INC.

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

Thomas B. Newbern to the position of Chief Operating Officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

William C. Rhodes, III was appointed as Executive Chairman at AUTOZONE INC.

Action: appointed to Executive Chairman
Role: Executive Chairman

Exact text from the filing

when he relinquishes his roles as President and Chief Executive Officer and is appointed by the Board to the role of Executive Chairman

View on SEC.gov

AUTOZONE INC filing history →

Source: SEC EDGAR

accession 0001171843-23-006093

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