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Name: William “Bill” Rhodes
Address: 123 South Front Street, Memphis, TN 38103
Stock Quote: AZO (Common Stock), New York Stock Exchange
Services provided: Retailer and distributor of automotive replacement parts and accessories
Number of employees: 1,300 in Memphis, 65,000 overall
How long with company: Since 1994, CEO since 2005
Education: Bachelor’s in Accounting, University of Tennessee-Martin; Master’s in Business Administration, University of Memphis.
Work Background: Prior to AutoZone, worked at Ernst & Young.
Accomplishments: Rhodes has led the Fortune 500 company through the recession, with stock prices that continue to trend upward and revenues that continue to climb. AutoZones net sales topped $8.6 billion in 2012, with $930 million in net income. Same store sales increased by 3.9 percent in 2012, and sales from new stores totaled $214.2 million. AutoZone currently has 5,006 stores in the United States, Puerto Rico, and Mexico.
Professional memberships: Board Member of the Coalition for Auto Repair Equality (CARE) and the Retail Industry Leaders Association (RILA). Board Member for Dollar General Corporation.
Civic responsibilities/causes: Treasurer, National Civil Rights Museum; Board Member and Immediate past Chairman, Memphis Tomorrow; Board Member and Vice President, Youth Programs, Inc., the governing body of the FedEx St. Jude Classic, and Vice Chairman of the golf tournament. Former Board Member, Greater Memphis Arts Council and Mid-South Junior Golf Association. AutoZone sponsors Memphis’ Liberty Bowl game annually and lends its name to Memphis’ minor league baseball field, AutoZone Park. Rhodes is a minority owner in the Memphis Grizzlies NBA franchise to the tune of $3 million, or about 1.71 percent of the total purchase price.
Family/personal information: Married to Amy for 19 years, with two children.
On AutoZone’s corporate culture: “We wear uniforms. Every Monday everybody in this building is going to be in the same uniform as the people in our stores. This building is not called the headquarters, it is the store support center. It’s about how we can support our stores to give customers great service. I think our culture is our greatest point of differentiation.”