AUTOZONE INC : Other Events, Financial Statements and Exhibits (form 8-K)
June 17, 2021 at 04:33 pm EDT
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Item 8.01. Other Events.
On June 17, 2021, AutoZone, Inc. (the "Company") announced the following changes
to the AutoZone Executive Committee: (i) Philip B. Daniele, currently Senior
Vice President, Commercial, has been promoted to the position of Executive Vice
President, Merchandising, Marketing and Supply Chain; (ii) Preston B. Frazer,
currently Senior Vice President, Store Operations, has been promoted to the
position of Executive Vice President, Store Operations, Commercial and Loss
Prevention; (iii) Thomas B. Newbern, currently, Executive Vice President, Store
Operations, Commercial, Loss Prevention and ALLDATA, has been appointed to the
position of Executive Vice President, International, Information Technology and
ALLDATA; and (iv) Mark A. Finestone, currently Executive Vice President,
Merchandising, Marketing and Supply Chain, has been appointed to the position of
Executive Vice President, Strategy and Innovation. Changes to officer
compensation due to promotions are consistent with the Company's compensation
practices for its executive officers as described in the Company's proxy
statement filed with the Securities and Exchange Commission on October 26, 2020.
A copy of the press release is attached hereto as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
99.1 Press Release dated June 17, 2021
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
AutoZone, Inc. specializes in distributing automotive spare parts and accessories. The group offers compressors, batteries, carburetors, clutches, des rotors, des motors, fuel pumps, etc. Net sales break down by activity as follows:
- retail and professional distribution (98.2%): sale of spare parts primarily to garages and service stations;
- other (1.8%): sales of diagnostic and maintenance software (name Alldata), and an e-commerce division.
At the end of August 2023, AutoZone, Inc. had a network of 7,140 stores located in the United States and Puerto Rico (6,300), Mexico (740) and Brazil (100).