William C. Rhodes, III is the President and CEO of AutoZone, Inc., a position he has held since 2005. He also serves as the Chairman of the Board. Rhodes climbed the ranks at AutoZone since joining the company in 1994....

William C. Rhodes, III is the President and CEO of AutoZone, Inc., a position he has held since 2005. He also serves as the Chairman of the Board. Rhodes climbed the ranks at AutoZone since joining the company in 1994. Before becoming the CEO, he worked in various roles, including Executive Vice President of Store Operations and Senior Vice President for Supply Chain. This experience has given him a deep understanding of the business. His total compensation reached nearly $14.8 million in 2021, largely due to vested stock awards. This kind of pay structure aligns his interests with those of the shareholders. If he were to leave the company without cause, he could receive a severance payment of around three times his base salary and continued health benefits for up to 18 months. Rhodes has a background in finance from his time at Ernst & Young, which supports his strategic decision-making skills. His commitment to AutoZone is evident in his long tenure and the non-compete agreement he signed, indicating he plans to stick around and grow the company further. When he took over, AutoZone was already known for its customer service and extensive store footprint, but under his leadership, it has continued to expand its operations significantly. He also serves as a director for Dollar General Corporation, which adds to his industry experience.