Pep Boys 2011 Annual Report Download - page 27
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21
payments are in the best interests of Pep Boys and our shareholders. All compensation paid to the named executive
officers in fiscal 2011 was fully deductible.
Compensation Committee Report
We have reviewed and discussed the foregoing Compensation Discussion and Analysis with management. Based
upon our review and discussion with management, we have recommended to the Board of Directors that the
Compensation Discussion and Analysis be included in this Proxy Statement and in Pep Boys’ Annual Report on
Form 10-K for the fiscal year ended January 28, 2012 filed with the SEC.
This report is submitted by M. Shân Atkins, Robert H. Hotz and James A. Mitarotonda.