O'Reilly Auto Parts 2000 Annual Report Download - page 6

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Our Management is CHARGED with
the excitement of growth!
Successfully leading a growing company
is a daunting challenge – one that requires
skilled, innovative, experienced and visionary
leaders. They are everyday people with
extraordinary dedication and knowledge
that earn the trust and respect of fellow
team members, our customers and our
shareholders. O’Reilly management meets
this challenge head-on with contagious
enthusiasm and determination.
The O’Reilly family’s belief in and vision
for the Company are passed down through
the ranks from the strategic planning
meetings to the Annual Managers’
Conference that is attended by more than
1,000 store, district and sales managers.
Charlie O’Reilly personally attends many
store grand openings – extending the
“family” welcome to new team members
and demonstrating firsthand the O’Reilly
Culture! He’ll have many more
opportunities with our plans to open
120 new stores in 2001.
Pooling the resourcefulness and creativity
of our 40 senior management leaders who
average more than 18 years of service
with O’Reilly, we are confident that we
will attain the goals we’ve set. Installing
warehouse and store systems for managing
and improving our inventory turns, while
still providing the broadbase of parts our
customers have come to rely on, and wisely
using our balance sheet and obtaining
capital with sale-leaseback and synthetic-
lease transactions, are a few ways to arrive
at our targets of 11% operating margin,
reducing SG&A to 32%-32.5% of sales and
increasing our EPS by 22%-25% in 2001.
At O’Reilly … We’re looking back
on a proud past and looking ahead
to a great future!
2000 AR
4
O’REILLY LEADERSHIP
2000 ANNUAL REPORT
Charged
Training new team members. Planning new store locations.
Researching new products.
Charged
Charged