O’Reilly has opened 100 net, new stores across 34 U.S. states, Puerto Rico and Mexico so far in 2023.
Greg Johnson, CEO, will retire, effective Jan. 31, 2024. Brad Beckham will become CEO and Brent Kirby will be president.
O’Reilly has operated in Mexico since 2019, when it acquired Mayasa Auto Parts and its 21 ORMA-branded parts stores.
The parts retailer opened its 6,000th store and expanded into Puerto Rico during the first quarter.
Sales for the fourth quarter increased $353 million, or 11%, to $3.64 billion from $3.29 billion for the same period one year ago.
Cory Blackburn, O’Reilly Auto Parts VP of merchandise, said Amalie exceeded expectations during a difficult year.
Brad Beckham and Brent Kirby to be promoted to co-presidents.
The company’s first “O’Reilly-prototype” DC in Mexico will boast a footprint of approximately 370,000 square feet.
The company also announced an executive leadership transition in May.
Sales for the year increased $1.72 billion, or 15%, to $13.33 billion from $11.60 billion for the same period one year ago.
Whitfield has served as president, vice chairman, alternate governor and minority owner of Hornets Sports & Entertainment (HSE) since 2018.
The company also announced the future retirement and leadership succession plan for Jeff Shaw, COO and co-president.