O'Reilly Auto Parts 2014 Annual Report Download - page 18

FORM 10-K
11
Regulations
We are subject to federal, state and local laws and governmental regulations relating to our business, including those related to the handling,
storage and disposal of hazardous substances, the recycling of batteries and used lubricants, and the ownership and operation of real
property.
As part of our operations, we handle hazardous materials in the ordinary course of business and our customers may bring hazardous
materials onto our property in connection with, for example, our oil and battery recycling programs. We currently provide a recycling
program for batteries and the collection of used lubricants at certain stores as a service to our customers pursuant to agreements with
third-party suppliers. The batteries and used lubricants are collected by our Team Members, deposited into supplier-provided containers
and pallets, and then disposed of by the third-party suppliers. In general, our agreements with such suppliers contain provisions that are
designed to limit our potential liability under applicable environmental regulations for any damage or contamination, which may be
caused by the batteries and lubricants to off-site properties (including as a result of waste disposal) and to our properties, when caused
by the supplier.
Compliance with any such laws and regulations has not had a material adverse effect on our operations to date. However, we cannot
give any assurance that we will not incur significant expenses in the future in order to comply with any such laws or regulations.
EXECUTIVE OFFICERS OF THE REGISTRANT
The following paragraphs discuss information about our executive officers who are not also directors:
Greg L. Henslee, age 54, President and Chief Executive Officer, has been an O'Reilly Team Member for 30 years. Mr. Henslee's O'Reilly
career began as a Parts Specialist in a store and progressed through the roles of Assistant Store Manager, District Manager, Computer
Operations Manager, Director of Computer Operations and Loss Prevention, Vice President of Store Operations, Senior Vice President,
President of Merchandise, Distribution, Information Systems and Loss Prevention, and Chief Executive Officer and Co-President. Mr.
Henslee has held the position of Chief Executive Officer since 2005 and the position of President since 2013.
Thomas McFall, age 44, Executive Vice President of Finance and Chief Financial Officer, has been an O'Reilly Team Member for eight
years. Mr. McFall's primary areas of responsibility are Finance, Accounting, Information Systems, Risk Management and Human
Resources. Mr. McFall's career began with Ernst & Young LLP in Detroit, Michigan, where he achieved the position of Audit Manager,
before accepting a position with Murray's Discount Auto Stores ("Murray's"). Mr. McFall served Murray's for eight years as Controller,
Vice President of Finance, and Chief Financial Officer, with direct responsibility for finance and accounting, distribution and logistics
operations, and after Murray's was acquired by CSK Auto Corporation ("CSK"), he held the position of Chief Financial Officer - Midwest
Operation for CSK. In May of 2006, Mr. McFall joined O'Reilly as Senior Vice President of Finance and Chief Financial Officer, and
has held the position as Executive Vice President of Finance and Chief Financial Officer since December of 2006.
Gregory D. Johnson, age 49, Executive Vice President of Supply Chain, has been an O'Reilly Team Member for 32 years. Mr. Johnson's
primary areas of responsibility are Distribution Operations, Logistics, Purchasing, and Advertising. Mr. Johnson's O'Reilly career began
as a part-time distribution center team member and progressed through the roles of Retail Systems Manager, WMS Systems Development
Manager, Director of Distribution, Vice President of Distribution Operations, and Senior Vice President of Distribution Operations. Mr.
Johnson has held the position of Executive Vice President of Supply Chain since December of 2014.
Jeff M. Shaw, age 52, Executive Vice President of Store Operations and Sales, has been an O'Reilly Team Member for 26 years. Mr.
Shaw's primary areas of responsibility are Store Operations, Sales, Real Estate, Jobber Sales, and Acquisitions. Mr. Shaw's O'Reilly
career began as a Parts Specialist and progressed through the roles of Store Manager, District Manager, Regional Manager and Vice
President of the Southern Division, Vice President of Sales and Operations, and Senior Vice President of Sales and Operations. Mr. Shaw
has held the position of Executive Vice President of Store Operations and Sales since 2013.
Ted F. Wise, age 64, Executive Vice President of Expansion, has been an O'Reilly Team Member for 44 years. Mr. Wise's primary area
of responsibility is Real Estate. Mr. Wise's O'Reilly career began in a store, and he advanced to Store Manager before becoming O'Reilly's
first District Manager. Mr. Wise progressed through the roles of Operations Manager, Vice President, Senior Vice President of Operations
and Sales, Executive Vice President, and President of Sales, Operations and Real Estate, and Chief Operating Officer and Co-President.
Mr. Wise has held the position of Executive Vice President of Expansion since 2013.
Tony Bartholomew, age 53, Senior Vice President of Professional Sales, has been an O'Reilly Team Member for 32 years. Mr.
Bartholomew's primary area of responsibility is Professional Sales. Mr. Bartholomew's O'Reilly career began as a Delivery Specialist
and progressed through the roles of Parts Specialist, Assistant Manager, Night Manager, Merchandising set up crew Supervisor, Equipment
Sales Manager, Regional Field Sales Manager, Director of Southern Division Sales, and Vice President of Professional Sales. Mr.
Bartholomew has held the position of Senior Vice President of Professional Sales since 2013.