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Total compensation for four of the five top officers at O'Reilly Automotive dropped in 2019, according to an SEC proxy filing.
SBJ file photo
Total compensation for four of the five top officers at O'Reilly Automotive dropped in 2019, according to an SEC proxy filing.

Total compensation drops for O'Reilly Auto’s top execs

Posted online

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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