8-KLeadership Changes

O REILLY AUTOMOTIVE INC 8-K Report, Executive Changes (Jul 10, 2026)

Filed July 10, 2026For Securities:ORLY

Summary

O'Reilly Automotive, Inc. (ORLY) announced a significant appointment in its leadership team through an 8-K filing on July 10, 2026. The company has appointed Colin Yankee as its new Executive Vice President and Chief Supply Chain Officer, effective July 13, 2026. This role is critical as Mr. Yankee will oversee all facets of the company's supply chain operations, including merchandise, inventory management, distribution, and transportation. Mr. Yankee brings over two decades of extensive experience in retail supply chain management, most recently serving as Executive Vice President and Chief Supply Chain Officer at Tractor Supply Company since February 2020. His background also includes significant roles at Neiman Marcus and Target Corporation, indicating a strong track record in operational efficiency and strategic supply chain development. The compensation package for Mr. Yankee includes a base salary of $700,000, eligibility for performance-based incentives, and substantial stock option awards, reflecting the importance of his position and the company's investment in his leadership to optimize its extensive distribution network.

Key Highlights

  • 1Appointment of Colin Yankee as Executive Vice President and Chief Supply Chain Officer, effective July 13, 2026.
  • 2Mr. Yankee possesses over 20 years of retail supply chain experience, including a recent senior leadership role at Tractor Supply Company.
  • 3The new role encompasses responsibility for merchandise, inventory management, distribution operations, and transportation.
  • 4Annual base salary for Mr. Yankee is set at $700,000.
  • 5He is eligible for an annual performance incentive target of 85% of base salary.
  • 6Mr. Yankee will receive a hiring stock option award valued at $500,000 (grant-date fair value).
  • 7A regular stock option award with an estimated future fair value of 100% of his annual base salary will also be granted.

Frequently Asked Questions

Colin Yankee has been appointed as the new Executive Vice President and Chief Supply Chain Officer, effective July 13, 2026.

Mr. Yankee brings over 20 years of retail supply chain experience, including his most recent position as Executive Vice President and Chief Supply Chain Officer at Tractor Supply Company since February 2020. His background also includes roles at Neiman Marcus and Target Corporation.

Mr. Yankee will receive an annual base salary of $700,000, an annual incentive target of 85% of his base salary based on company performance, a hiring stock option award with a grant-date fair value of $500,000, and a regular stock option award with an estimated future fair value of 100% of his annual base salary. He will also be eligible for similar benefits and perquisites as other executive officers and a change in control severance agreement.

Mr. Yankee will be responsible for all aspects of O'Reilly's supply chain operations, including merchandise, inventory management, distribution operations, and transportation.