AutoZone 2010 Annual Report Download - page 21

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• review the compensation of AutoZone’s non-employee directors from time to time and recommend to
the full Board any changes that the Compensation Committee deems necessary.
The Compensation Committee may appoint subcommittees from time to time with such responsibilities as
it may deem appropriate; however, the committee may not delegate its authority to any other persons.
AutoZone’s processes and procedures for the consideration and determination of executive compensation,
including the role of the Compensation Committee and compensation consultants, are described in the
“Compensation Discussion and Analysis” on page 28.
Who are the members of the Compensation Committee?
The Compensation Committee consists of Mr. Graves (Chair), Mr. Grusky, Mr. Mrkonic and Mr. Ullyot,
all of whom are independent directors under the standards of AutoZone’s Corporate Governance Principals
and the listing standards of the New York Stock Exchange.
How many times did the Compensation Committee meet during the last fiscal year?
During the 2010 fiscal year, the Compensation Committee held four meetings.
Where can I find the charter of the Compensation Committee?
The Compensation Committee’s charter is available on our corporate website at www.autozoneinc.com
and is also available, free of charge, in print to any stockholder who requests it.
Nominating and Corporate Governance Committee
What is the function of the Nominating and Corporate Governance Committee?
The Nominating and Corporate Governance Committee ensures that:
• qualified candidates are presented to the Board of Directors for election as directors;
• the Board of Directors has adopted appropriate corporate governance principles that best serve the
practices and objectives of the Board of Directors; and
• AutoZone’s Articles of Incorporation and Bylaws are structured to best serve the interests of the
stockholders.
Who are the members of the Nominating and Corporate Governance Committee?
The Nominating and Corporate Governance Committee consists of Mr. Crowley, Ms. Gove (Chair) and
Mr. Nieto, all of whom are independent directors under the standards of AutoZone’s Corporate Governance
Principals and the listing standards of the New York Stock Exchange.
How many times did the Nominating and Corporate Governance Committee meet during the last fiscal
year?
During the 2010 fiscal year, the Nominating and Corporate Governance Committee held four meetings.
Where can I find the charter of the Nominating and Corporate Governance Committee?
The Nominating and Corporate Governance Committee’s charter is available on our corporate website at
www.autozoneinc.com and is also available, free of charge, in print to any stockholder who requests it.
11
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