AutoZone Announces Organizational Changes - aftermarketNews

AutoZone Announces Organizational Changes

Among the changes, Mark Finestone, senior vice president, merchandising and store development, has been promoted to executive vice president, merchandising, supply chain and marketing.

AutoZone-LogoAutoZone has announced the several organizational changes, effective immediately.

Among the changes, Mark Finestone, senior vice president, merchandising and store development, has been promoted to executive vice president, merchandising, supply chain and marketing.

Bill Graves, senior vice president, supply chain and international, has been promoted to executive vice president, Mexico, Brazil, IMC and store development.

Tom Newbern, senior vice president, store operations and loss prevention, has been promoted to executive vice president, store operations, commercial and loss prevention.

“With these promotions, we continue to strengthen our senior leadership team with seasoned and accomplished AutoZoners,” said Bill Rhodes, chairman, president and CEO. “Mark, Bill and Tom have proven leadership abilities that have been invaluable to our past successes and their experiences will serve this company at a very high level for many years to come.”

In other news, AutoZone’s board of directors has authorized the repurchase of an additional $750 million of the company’s common stock in connection with its ongoing share repurchase program. Since the inception of the repurchase program in 1998, and including the above amount, AutoZone’s board of directors has authorized the repurchase of $16.4 billion in the company’s stock.

“AutoZone’s continued strong financial performance allows us to repurchase our stock while maintaining our investment grade credit ratings,” said Bill Giles, executive vice president, chief financial officer, information technology and ALLDATA. “We remain committed to utilizing share repurchases within the bounds of a disciplined capital structure to enhance stockholder returns while maintaining adequate liquidity to execute our plans.

You May Also Like

Stoneridge Appoints Chief Technology Officer

Most recently, Troy Cooprider was VP of global technology, responsible for leading product innovation, advanced engineering and technology strategy.

Stoneridge Appoints Chief Technology Officer

Stoneridge, Inc. announced the appointment of Troy Cooprider to the position of chief technology officer. Cooprider will set the company's strategic technology and product roadmaps, and support future innovation and growth through oversight of the global engineering function, the company said.

Most recently, he was vice president of global technology at Stoneridge, responsible for leading product innovation, advanced engineering and technology strategy.

MBE Group Promotes Gretchen Bennett to Account Manager

Bennett will support strategic initiatives for clients, including media relations, event management, content development and more.

MBE Group Promotes Gretchen Bennett to Account Manager
Advance Auto Parts Appoints Three New Independent Directors

With the appointments, the company’s board will temporarily expand to 12 directors.

Advance Auto Parts
Marelli Names EVP/President of Automotive Lighting & Sensing

Frank Huber assumed this role effective March 1.

Marelli Names EVP/President of Automotive Lighting & Sensing
Monro, Inc. Appoints Vice President Human Resources

Jack Heisman assumed this post, effective immediately, and will also oversee Monro’s corporate communications department.

Monro, Inc. Appoints Vice President Human Resources

Other Posts

Jacki Lutz Named Content Director at Auto Care Association

As the director of content, Lutz will be tasked with leading a cross-functional and multimedia content strategy, development and execution across all platforms.

Philippe Baudin Appointed COO of Amerigo International

He will concurrently hold the position of advisor to CEO Sylvain Abergel for relations with aftermarket leading suppliers.

BorgWarner Appoints Chief Accounting Officer

Amy Kulikowski fills the position, effective March 1.

BorgWarner Appoints Chief Accounting Officer
GSP Adds Snyder as Sr. Account Manager, Specialty Accounts

Greg Snyder will lead sales efforts for GSP in the e-commerce, ATV/UTV, OES and O’Reilly Auto Parts segments.

Greg-Snyder-GSP-North-America