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.
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.
Chief Executive Officer
Chief Financial Officer
Executive Vice President, Store Operations, Commercial, Loss Prevention & ALLDATA
Executive Vice President, Merchandising, Supply Chain, Marketing and eCommerce