AutoZone CEO William Rhodes' 2020 pay jumps 34% to $11.5M

AutoZone reports 2020 executive compensation

By ExecPay News

Published: October 26, 2020

AutoZone reported fiscal year 2020 executive compensation information on October 26, 2020.
In 2020, five AutoZone executives received on average a compensation package of $5M, a 29% increase compared to previous year.
Average pay of disclosed executives at AutoZone
William C. Rhodes III, Chief Executive Officer, received $11.5M in total, which increased by 34% compared to 2019. 63.04% of Rhodes' compensation, or $7.3M, was in option awards. Rhodes also received $2.9M in non-equity incentive plan, $1.1M in salary, $89.4K in stock awards, as well as $180.6K in other compensation.
William T. Giles, Chief Financial Officer, received a compensation package of $4M, which increased by 26% compared to previous year. 51.30% of the compensation package, or $2M, was in option awards.
Thomas B. Newbern, Executive Vice President, Store Operations, Commercial, Loss Prevention & ALLDATA, earned $3.7M in 2020, a 28% increase compared to previous year.
Mark A. Finestone, Executive Vice President, Merchandising, Supply Chain, Marketing and eCommerce, received $3.4M in 2020, which increases by 19% compared to 2019.
Philip B. Daniele, Senior Vice President, Commercial, earned $2.6M in 2020.
AutoZone's fiscal year ends on August 29.

Related executives

William Rhodes

AutoZone

Chief Executive Officer

William Giles

AutoZone

Chief Financial Officer

Thomas Newbern

AutoZone

Executive Vice President, Store Operations, Commercial, Loss Prevention & ALLDATA

Mark Finestone

AutoZone

Executive Vice President, Merchandising, Supply Chain, Marketing and eCommerce

Philip Daniele

AutoZone

Senior Vice President, Commercial

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Source: SEC filing on October 26, 2020.