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O’Reilly Auto compensation drops for 3 of 5 top execs

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Total compensation for three of O’Reilly Automotive Inc.’s (Nasdaq: ORLY) top five executives fell in 2017, according to a U.S. Securities and Exchange Commission filing.

The top earner was CEO Greg Henslee, whose compensation declined 37 percent to $2.9 million in 2017 from $4.6 million a year earlier. The decrease was largely due to a drop in nonequity incentive plan compensation. Henslee also had the largest base salary, at $1.3 million, a 6 percent increase from 2016, according to the proxy filing.

In May, Henslee is slated to relinquish his chief executive title to co-President Greg Johnson. Henslee will become executive vice chairman of the board.

O’Reilly Automotive’s top officers, by 2017 total compensation and percentage increase/decrease, are:
    •    Henslee, $2.9 million, down 37 percent;
    •    Tom McFall, chief financial officer, $1.6 million, down 33 percent;
    •    Jeff Shaw, co-president, $1.2 million, down 7.3 percent;
    •    Johnson, $1.2 million, up 8.3 percent; and
    •    David O’Reilly, board chairman, $1.07 million, up 5.3 percent.

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