AutoZone (NYSE:AZO) announced senior leadership changes, with Tom Newbern, a 38-year-old executive VP of Operations, Sales, and Technology, being promoted to COO.
Additionally, Jamere Jackson, current CFO and executive VP, Finance and Store Development, has been promoted to CFO, where he will continue to lead the Finance and Store Development teams.
Phil Daniele, CEO-elect, is positioning Tom and Jamere as equivalents and the senior leaders of his team.
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.