AUTOZONE INC : Change in Directors or Principal Officers (form 8-K)
March 09, 2023 at 04:32 pm EST
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 8, 2023, AutoZone, Inc. (the "Company") made the following changes to
the AutoZone Executive Committee: (i) Preston B. Frazer, currently Executive
Vice President, Store Operations, Commercial and Loss Prevention, has been
appointed to the position of Senior Vice President, Finance; and (ii) Thomas B.
Newbern, currently Executive Vice President, International, Information
Technology and ALLDATA, has been appointed to the position of Executive Vice
President, Store Operations, Commercial, Loss Prevention, International,
Information Technology and ALLDATA. Changes to Mr. Frazer's compensation are
consistent with the Company's compensation practices for its Senior Vice
Presidents. No changes have been made to Mr. Newbern's compensation.
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).
AUTOZONE, INC. 
