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NGK, AutoZone Receive AASA Channel Excellence Award
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By AutoZone
MEMPHIS, Tenn. , Sept. 19, 2023 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO) today reported net sales of $5.7 billion for its fourth quarter (16 weeks) ended August 26, 2023 , an increase of 6.4% from the fourth quarter of fiscal 2022 (16 weeks). Same store sales, or sales for our domestic and
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By AutoZone
MEMPHIS, Tenn., Sept. 18, 2023 (GLOBE NEWSWIRE) -- AutoZone (NYSE: AZO), following its Leadership Transition Plan announced on June 26, 2023, today announced additional senior leadership changes. Tom Newbern, a 38-year AutoZoner, currently Executive Vice President, Operations, Sales and Technology, has been promoted to Chief Operating Officer (COO). Additionally, Jamere Jackson, current Chief Financial Officer and Executive Vice President, Finance and Store Development, has been promoted as Chief Financial Officer (CFO) where he will continue to lead the Finance and Store Development teams. Phil Daniele, our Chief Executive Officer-Elect (CEO-Elect), is positioning Tom and Jamere as equivalents and the senior most leaders of his leadership team.
Additionally, Bill Hackney, a 38-year AutoZoner, currently Senior Vice President, Merchandising, has been promoted to Executive Vice President, Merchandising, Marketing and Supply Chain replacing Phil Daniele who previously held the role.
“I’m very excited about these strategic moves which position us well for continued growth. Jamere and Tom are exceptional leaders and having them at my side will be an enormous benefit. Also, Bill Hackney’s promotion to Executive Vice President reflects the deep strength of our leadership team. All are proven leaders and poised to serve our customers and lead our company for many years to come,” said Phil Daniele, Chief Executive Officer-Elect.
Finally, three of AutoZone’s other Executive Committee members will be retiring around the end of the calendar year consistent with AutoZone’s long-standing Succession Plan. “I want to thank and congratulate Grant McGee, Senior Vice President, Commercial, Charlie Pleas, Senior Vice President, Finance and Accounting, and Al Saltiel, Senior Vice President, Marketing and E-Commerce on their stellar AutoZone careers and thank them for their exceptional service and leadership,” said Bill Rhodes, Chairman, President and CEO.
The company has active searches under way for Grant and Al’s replacements which will include internal and external candidates and Charlie’s role will be restructured.
About AutoZone:
As of May 6, 2023, the Company had 6,248 stores in the U.S., 713 in Mexico and 83 in Brazil for a total store count of 7,044.
AutoZone is the leading retailer and distributor of automotive replacement parts and accessories in the Americas. Each store carries an extensive product line for cars, sport utility vehicles, vans and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. Many stores also have a commercial sales program that provides commercial credit and prompt delivery of parts and other products to local, regional and national repair garages, dealers, service stations and public sector accounts. We also have commercial programs in the majority of our stores in Mexico and Brazil. AutoZone also sells the ALLDATA brand automotive diagnostic, repair and shop management software through
link hidden, please login to view. Additionally, we sell automotive hard parts, maintenance items, accessories and non-automotive products through link hidden, please login to view, and our commercial customers can make purchases through link hidden, please login to view. We also provide product information on our Duralast branded products through link hidden, please login to view. AutoZone does not derive revenue from automotive repair or installation services. Contact Information:
Financial: Brian Campbell at (901) 495-7005,
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Media: David McKinney at (901) 495-7951, link hidden, please login to view
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By Counterman
Arnold Motor Supply, in collaboration with several channel partners in the automotive aftermarket, raised $75,000 for the nonprofit Tori’s Angels.
The company celebrated the fundraising achievement during its annual golf and leisure event.
link hidden, please login to view is a nonprofit organization dedicated to assisting children with life-threatening medical challenges. “Tori’s Angels makes a profound difference in the lives of children and families in Iowa,” said Eric Johnson, president and managing partner at Arnold Motor Supply. “With the support of our valued channel partners, we’re thrilled to have made a meaningful difference for approximately 20 more families in need.”
Tori’s Angels covers all medical and travel expenses not covered by insurance, providing support from acceptance into the program until a child’s 19th birthday. The foundation always is looking for more children to help. Tori’s Angels CEO, Kirby Klinge, encourages Iowa families to reach out to the foundation for more information.
Channel Partners Recognized
Arnold Motor Supply also took the opportunity to recognize outstanding contributions from key channel partners during the event.
The company recognized PPG Industries as Vendor of the Year for PPG’s exceptional partnership and commitment through training, shop certification programs and inventory optimization.
East Penn’s Mark Hoffman, Kevin Irlocker and Ben Clark were named Reps of the Year for their customer-loyalty programs and field support.
Arnold Motor presented the Agency Partner of the Year award to Greg Nevins and Jeff Ridley of N.A. Williams, acknowledging their substantial contributions during product changeovers, fieldwork and wrap-around program support.
“Arnold Motor Supply and their channel partners remain dedicated to community support, improving the lives of those in need and reinforcing their collaborative efforts for the future,” the company said.
The company would like to recognize the major sponsors that helped to nearly double the donation over last year’s fundraising efforts: Valvoline, BBB Industries, 3M, Delphi, Dorman Products, Dayton Parts, East Penn, First Brands Group, Growmark, Motorcar Parts of America, Akzo Nobel, AP Emissions, Denso, Gates Corp., Northland Oil, Mevotech, Bosch, C-Aire Compressors and Highline Warren.
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By AutoZone
MEMPHIS, Tenn. , Aug. 25, 2023 (GLOBE NEWSWIRE) -- AutoZone, Inc. (NYSE: AZO), the leading retailer and distributor of automotive replacement parts and accessories in the Americas , will release results for its fourth quarter ended Saturday, August 26, 2023 , before market open on Tuesday,
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By Counterman
Schaeffler has been named a 2023 Automotive News PACE Award finalist for its eRocker system.
The electromechanical valve-deactivation technology is one of 34 automotive innovations recently named a finalist in the annual competition that identifies and celebrates the latest game-changing innovations from the plant floor to the product to the showroom floor.
The Schaeffler eRocker system is an electromechanical valve system used to deactivate the exhaust valves of the engine. The system consists of three main components: a dual-pin electromagnetic actuator; two slider bars; and either eight (four-cylinder) or 12 (six-cylinder) switchable roller finger followers.
The system currently is in production with a major global automaker on both a six-cylinder and four-cylinder gasoline engine, Schaeffler noted.
According to the company, Schaeffler’s eRocker systems offers a number of unique advantages over competitive systems, including: full switching performance throughout the entire engine temperature/speed range; relatively simple integration within the cylinder head; independent operation of oil pressure from the cylinder head; and a reduced total system cost.
“Schaeffler is honored that our eRocker System has been recognized as an Automotive News PACE Award finalist among an outstanding group of global automotive innovators,” said Jerry Dixon, vice president valvetrain, Schaeffler. “Our eRocker System is an example of how innovations on internal combustion engines can offer further benefits to hybrid vehicle drivetrains.”
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