42 AutoZone has announced the successful completion of its Leadership Transition Plan, initially unveiled on June 26, 2023. Phil Daniele, boasting a 30-year tenure at AutoZone and previously serving as Chief Executive Officer-Elect, has assumed the role of President and Chief Executive Officer (CEO). Bill Rhodes, with 29 years at AutoZone and nearly two decades as CEO, has transitioned to the position of Executive Chairman. Bill Rhodes, expressing his confidence in the transition, remarked, “A very special congratulations to Phil on becoming AutoZone’s President and CEO. For only the fifth time in our company’s rich history, we have a new CEO. I am tremendously excited about AutoZone’s future and continued growth under Phil’s leadership.” Phil Daniele, reflecting on his appointment, conveyed his honor and enthusiasm, stating, “I am extremely honored and enthusiastic about the opportunity to serve as President and CEO of AutoZone, a company that I love dearly and have been a part of for over three decades. Our ability to put the customer first is and will forever be the key to our accelerated growth and continued success. Both Bill and I deeply believe that AutoZone’s best days lie ahead.” You Might Be Interested In Oman safe debt limit estimated at 30% of GDP FNB eBucks Expands to SPAR China’s Data Exodus Nightmare: A Quarter of Applications Approved as Businesses Drown in Regulatory Quagmire Apple in Mumbai: Tim Cook inaugurates first store in India Egypt’s FX Devaluation Bets Diminish Amid Anticipated IMF Package Citizens Bank Closes, Becomes Fifth US Bank to Fail in 2023