Summary
AutoZone Inc. (AZO) filed an 8-K on December 3, 2021, primarily announcing personnel changes. Mark Finestone, Executive Vice President of Strategy and Innovation, Customer Satisfaction, has announced his intention to retire in early 2022. This departure marks the end of an era for a key executive. In connection with this, the Company has promoted J. Scott Murphy to Vice President, Controller, Customer Satisfaction, and he will also serve as the principal accounting officer, succeeding Charlie Pleas, III. Mr. Murphy's promotion is effective immediately, and he is eligible for stock options. These changes are presented in line with regulatory disclosure requirements, including a furnished press release detailing Mr. Finestone's retirement.
Key Highlights
- 1Mark Finestone, EVP of Strategy and Innovation, Customer Satisfaction, to retire in early 2022.
- 2J. Scott Murphy promoted to Vice President, Controller, Customer Satisfaction.
- 3J. Scott Murphy to assume role of Principal Accounting Officer.
- 4Charlie Pleas, III will continue as Senior Vice President, Finance and Accounting.
- 5Murphy's promotion is effective immediately.
- 6Murphy is eligible for a grant of stock options.
- 7Press release announcing Finestone's retirement furnished as an exhibit.