On March 8, 2023, AutoZone, Inc. 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).