YOUR BUSINESS AUTHORITY
Springfield, MO
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.
Utah-based gourmet cookie chain Crumbl Cookies opened its first Springfield shop; interior design business Branson Upstaging LLC relocated; and Lauren Ashley Dance Center LLC added a second location.
Updated: Systematic Savings Bank to be acquired in $14M deal
Warby Parker store planned in Springfield
Former CoxHealth colleagues starting communications firm
Former Wentzville superintendent to get $1M in contract buyout
STL construction firm buys KC company
NPR editor resigns after writing piece critical of organization