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O’Reilly Automotive (ORLY) Announces Executive Leadership Promotions

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O’Reilly Automotive, Inc. (“we” or “O’Reilly”) (NASDAQ: ORLY, a leading retailer in the automotive aftermarket industry, has announced executive leadership promotions. Effective January 9, 2023, Brad Beckham, our Executive Vice President and Chief Operating Officer, and Brent Kirby, our Executive Vice President and Chief Supply Chain Officer, will each be promoted to Co-President. increase. Mr. Beckham and Mr. Kirby will continue to report directly to Greg Johnson, who is currently the President and Chief Executive Officer (“CEO”) of the Company, and will retain his role as CEO, although the title and role of President will remain unchanged. Handed over to Greg Johnson. Beckham and Kirby.

Mr Johnson commented: Brad and Brent’s distinguished executives are very fortunate to have his leadership experience with the Company and are very confident in their ability to successfully undertake these new roles as Co-Presidents. During my time as CEO, both Brad and Brent have been key members of O’Reilly’s leadership team, with Brad leading store operations and sales and Brent supplying the chain and omnichannel. led the initiative. Their extensive experience and critical industry knowledge, combined with the knowledge of our long-standing executive management team, will be the foundation for driving our continued profitable growth well into the future. ”

Mr. Beckham will be responsible for all domestic and international store operations and sales, real estate and expansion, human resources, legal, risk management, training and finance. Mr. Kirby will be responsible for merchandise, distribution, logistics, inventory management, pricing, store design, advertising/marketing, electronic catalogs, customer satisfaction, omnichannel and information technology.

About Brad BeckhamBeckham, 44, has been an O’Reilly team member since 1996. Mr. Beckham’s career at O’Reilly began as a parts specialist, and he progressed through the roles of store manager, district manager, regional manager, divisional vice president, and vice president. He is the president of store operations and sales in the east, senior vice president of store operations and sales in the east, senior vice president of central store operations and sales, and vice president of store operations and sales. Mr. Beckham has been Executive Vice President and Chief Operating Officer since January 2022.

About Brent KirbyKirby, 54, has been an O’Reilly team member since 2018. Mr. Kirby began his 35-year retail career as a hardware associate at Lowe’s Companies, Inc. (“Lowe’s”), progressing through various positions in stores. After gaining experience at the district and regional level, he was promoted to Senior Vice President of Store Operations and later to Chief Omnichannel Officer. Prior to joining O’Reilly, Mr. Kirby served as Lowe’s Chief Supply Chain Officer. In 2018, Kirby began his career at O’Reilly as senior vice president of omnichannel and supply where he assumed the role of senior vice president of chain. Kirby will serve as Executive Vice President and Chief Supply Chain Officer from January 2022.

About O’Reilly AutomotiveO’Reilly Automotive, Inc. was founded by the O’Reilly family in 1957 and is one of the largest specialty retailers of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States. and the professional service provider market. Please visit the company website. For additional information about O’Reilly, including online shopping and current promotions, store locations, hours and services, employment opportunities, and access to other programs, please visit . As of September 30, 2022, the company operates 5,910 of his stores in 47 US states and 28 stores in Mexico.

Forward-Looking StatementsThe Company claims safe harbor protections for forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. , “will”, “believe”, “expect”, “would”, “consider”, “should”, “expect”, “plan”, “plan”, “intend” , or similar words. In addition, statements contained in this press release that are not historical facts are forward-looking statements that, among other things, describe expected growth, store development, integration and expansion strategy, business strategy, future earnings and future performance. It is a description that discusses about. These forward-looking statements are based on estimates, forecasts, beliefs and assumptions and are not guarantees of future events or results. Such statements are subject to risks, uncertainties and assumptions, including, but not limited to, the COVID-19 pandemic and other public health crises. general economy; inflation; consumer debt levels; demand for products; competition; weather; tariffs; availability of key products and supply chain disruptions. Business interruption, including terrorist activity, war, or the threat of war. Failure to protect our brand and reputation. Challenges in the international market. the market price volatility of our common stock; Rising debt levels. the credit rating of public debt; the sustainability of past growth rates; and our ability to hire and retain qualified employees. risks associated with the performance of acquired businesses; information security and cyberattacks; and government regulation. Actual results may differ materially from the anticipated results described or implied by these forward-looking statements. By reference to the “Risk Factors” section of our Annual Report on Form 10-K for the year ended December 31, 2021 and subsequent filings with the Securities and Exchange Commission, Check out other factors that can affect it. Forward-looking statements speak only as of the date on which they are made, and we may not make any statements as a result of new information, future events or otherwise, except as required by applicable law. We undertake no obligation to publicly update any forward-looking statements.

For more information, please contact: Investor and Media Contacts
Mark Mertz (417) 829-5878
Eric Byrd (417) 868-4259

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Source: O’Reilly Automotive, Inc.

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