secwatch.observer — SEC 8-K summary
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Issuer:     O REILLY AUTOMOTIVE INC (ORLY)
CIK:        0000898173
Form:       8-K
Filed at:   2021-12-22T23:59:59+00:00
Accession:  0001558370-21-017002
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

O'Reilly Automotive announces retirement of Co-President Jeff Shaw; promotes Beckham and Kirby
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- Jeff Shaw retires Feb 15, 2022; title changes to Co-President effective Jan 1, 2022.
- Brad Beckham promoted to Executive VP and Chief Operating Officer effective Jan 1, 2022.
- Brent Kirby promoted to Executive VP and Chief Supply Chain Officer effective Jan 1, 2022.
- Greg Johnson becomes President and CEO upon Shaw's retirement.
- Beckham and Kirby receive $600K salary, 80% bonus target, and $1M stock option award.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/898173/000155837021017002/0001558370-21-017002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/898173/000155837021017002/orly-20211221x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-21-017002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer