In 2023, Thomas R. Greco earned $1.14M in total compensation at Advance Auto Parts, primarily from $1.13M salary. Most recently acquired 3,110 shares in Nov 2023. Currently holds stock worth $35.14M. 9+ years at the helm of Advance Auto Parts.
Compensation History
Annual executive compensation data for Thomas R. Greco, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.14M
Salary
$1.13M
Bonus
$0.00
Other
$14.02K
Salary
$1.13MBoard Justification
The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and shareholder interests, while also considering market competitiveness.
Bonus
$0.00Board Justification
No short-term incentive payout due to performance metrics not being met in 2023.
Other Compensation
$14.02KBoard Justification
Other compensation includes 401(k) matching contributions and life insurance premiums paid by the Company.
Restricted Stock
Board Justification
Vested stock awards for 2023 included performance-based restricted stock units (PSUs) that were tied to operating income metrics, but no shares vested due to threshold performance not being achieved.
Performance Metrics
The performance metrics for 2023 included comparable store sales growth, operating income, and free cash flow, none of which met the threshold for incentive payouts.
Thomas R. Greco
CEO of Advance Auto Parts
Education
MBA from the University of Chicago Booth School of Business
Field of Expertise
Business & Management
Sector of Economy
Consumer Cyclical
Born
April 1, 1958 - 67 years ago
CEO of Advance Auto Parts for
9 years 7 months (Apr 2016 - Present)
Previous Experience
President of Frito-Lay North America, a division of PepsiCo
Holdings
Track Thomas R. Greco's stock holdings and portfolio value over time.
Total Stock Sold
$9.08M
$9.08M
99,251 PEP shares
What if they kept their stock?
If Thomas R. Greco didn't sell their stock, today they would have:
Extra PEP99,251 shares worth $14.39M.
This is 58.59% and $5.32M more than what they got when they sold the stock.
Insider Trading
Thomas R. Greco's recent stock transactions, purchases, and sales filed with the SEC.
$85.00K
TPR at $27.33/share
Nov 2, 2023
Received
$85.00K
TPR at $34.98/share
Nov 15, 2022
Received
$200.69K
TPR at $35.52/share
Mar 10, 2022
Received
$1.63M
AAP at $204.48/share
Feb 28, 2022
Received
$74.98K
TPR at $41.82/share
Nov 3, 2021
Received
$1.50M
AAP at $176.50/share
Mar 8, 2021
Received
$74.99K
TPR at $29.63/share
Dec 9, 2020
Received
$991.71K
AAP at $136.13/share
Jun 15, 2020
Purchase
$1.65M
AAP at $132.99/share
Mar 2, 2020
Received
$1.50M
AAP at $132.99/share
Mar 2, 2020
Received
Rivals
Compare Thomas R. Greco with competitor CEOs and industry peers.