O'Reilly Automotive, Inc. Names New CFO
24 Maio 2006 - 7:30PM
Business Wire
O'Reilly Automotive, Inc. ("O'Reilly" or "the Company") (Nasdaq:
ORLY) today announced that Tom McFall will be joining the Company
May 31, 2006, as Senior Vice-President Finance/Chief Financial
Officer ("CFO"). Mr. McFall succeeds Jim Batten, who will retain
the role of Treasurer. Mr. McFall joins O'Reilly from CSK Auto,
where he served as CFO - Midwest Operation, following CSK's recent
acquisition of Murray's Discount Auto Stores in Belleville,
Michigan ("Murray's"). Previously, Mr. McFall served Murray's for 8
years as a key member of the company's executive team as
Controller, Vice President of Finance, and CFO, with direct
responsibility for finance and accounting, distribution and
logistics operations. Prior to joining Murray's, Mr. McFall was
Audit Manager with Ernst & Young, LLP in Detroit, Michigan. Mr.
McFall graduated from Michigan State University in 1992 with a
Bachelor's Degree in Accounting and is a CPA. He is 36 years old.
Mr. Batten will remain with the Company as Treasurer and assist Mr.
McFall in his transition to O'Reilly. He will continue to be
involved with investor relations, financial reporting and will
serve on the Company's Finance Committee. He will ultimately
transition to a less than full-time role with the Company. Greg
Henslee, CEO and Co-President, stated, "Tom McFall brings
significant retail and automotive aftermarket industry experience
to our Company and we look forward to his contributions toward our
continued growth. We are very pleased with Jim's plans to stay with
the Company as Treasurer, which will ensure a smooth transition and
allow Jim more personal time to spend with his wife and four
children." O'Reilly Automotive, Inc. is one of the largest
specialty retailers of automotive aftermarket parts, tools,
supplies, equipment and accessories in the United States, serving
both the do-it-yourself and professional installer markets. Founded
in 1957 by the O'Reilly family, the Company operated 1,506 stores
within the states of Alabama, Arkansas, Florida, Georgia, Illinois,
Indiana, Iowa, Kansas, Kentucky, Louisiana, Minnesota, Mississippi,
Missouri, Montana, Nebraska, North Carolina, North Dakota,
Oklahoma, South Carolina, South Dakota, Tennessee, Texas, Virginia,
Wisconsin and Wyoming as of March 31, 2006. The Company claims the
protection of the safe-harbor for forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. These statements can be identified by forward-looking words
such as "expect," "believe," "anticipate," "should," "plan,"
"intend," "estimate," "project," "will" or similar words. In
addition, statements contained within this press release that are
not historical facts are forward-looking statements, such as
statements discussing among other things, expected growth, store
development and expansion strategy, business strategies, future
revenues and future performance. These forward-looking statements
are based on estimates, projections, beliefs and assumptions and
are not guarantees of future events and results. Such statements
are subject to risks, uncertainties and assumptions, including, but
not limited to, competition, product demand, the market for auto
parts, the economy in general, inflation, consumer debt levels,
governmental approvals, our ability to hire and retain qualified
employees, risks associated with the integration of acquired
businesses, weather, terrorist activities, war and the threat of
war. Actual results may materially differ from anticipated results
described or implied in these forward-looking statements. Please
refer to the Risk Factors sections of the Company's Form 10-K for
the year ended December 31, 2005, for more details.
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