William C. Rhodes III is President and Chief Executive Officer of AutoZone, Inc.,[1] a Fortune 300 company.[2] He was named to those positions on March 13, 2005,[3] following more than 12 years with the company where he served in a variety of executive-level roles.[4] According to annual proxy filings with the United States Securities and Exchange Commission, his 2005 compensation from AutoZone totaled over US $8.5M.[5]
Rhodes is a graduate of the University of Tennessee at Martin with an accounting degree. He also earned a master of business administration degree from the University of Memphis.
While CEO of AutoZone in 2009, William C. Rhodes III earned a total compensation of $3,052,765, which included a base salary of $752,385, a cash bonus of $1,017,977, stocks granted of $21,270, options granted of $1,138,717, and other compensation totaling $122,416.[6]
AutoZone is an American store and is the second-largest retailer of aftermarket automotive parts and accessories in the United States,[4] Founded in 1979, AutoZone has over 5,200 stores across the United States, Mexico, and Brazil. The company is based in Memphis, Tennessee.[4]