YOUR BUSINESS AUTHORITY
Springfield, MO
Total compensation fell in 2019 for four of the five top executives at O’Reilly Automotive Inc. (Nasdaq: ORLY).
Co-President and CEO Greg Johnson remained the highest paid officer in 2019, according to a preliminary proxy statement filed March 17 with the U.S. Securities and Exchange Commission.
Johnson's total compensation declined 37% in 2019 to $3.1 million. His base salary was up, with decreases in total compensation attributable largely to a drop in stock options awarded.
Below are O’Reilly Automotive's top executives, by total 2019 compensation and percent change:
• Johnson, $3.1 million, down 37%;
• Jeff Shaw, co-president and chief operating officer, $2.34 million, down 31%;
• Tom McFall, chief financial officer, $2.33 million, down 4.6%;
• David O'Reilly, board chairman, $1.1 million, up 5%; and
• Greg Henslee, executive vice chairman of the board, $1 million, down 8.8%.
O’Reilly Automotive recently announced 2019 revenue climbed 6.4% to $10.1 billion, marking the first time the company has hit that sales benchmark. Company officials have said revenue could reach $11 billion in 2020, according to past Springfield Business Journal reporting.
ORLY shares were trading at $287.29 as of 9:34 a.m., compared with a 52-week range of $274.94 to $454.31. The company’s stock has fallen by more than $86 per share this month as the stock market has taken a hit from the coronavirus pandemic.
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