logo
Plus   Neg
Share
Email

O'Reilly Automotive Names Greg Johnson CEO & Co-President - Quick Facts

O'Reilly Automotive, Inc. (ORLY) announced the company's leadership succession plan. Effective May 8, 2018, Greg Johnson will be promoted to Chief Executive Officer and Co-President, and Jeff Shaw will be promoted to Chief Operating Officer and Co-President.

Greg Henslee, who currently serves as the company's CEO, has been nominated as Executive Vice Chairman of the Board and will serve in that role subject to his election as a director at O'Reilly's upcoming Annual Shareholders' Meeting in May. David O'Reilly will remain in his role as Executive Chairman of the Board.

For comments and feedback contact: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
MillerCoors LLC has filed a lawsuit against Anheuser-Busch Companies LLC, part of Anheuser-Busch InBev, alleging that Anheuser-Busch's ad campaigns associating MillerCoors' products, Miller Lite and Coor Light, with corn syrup is "false and misleading." During the Super Bowl, ABInBev ran an advertising campaign that mocked Miller Lite and Coors Light use corn syrup in brewing. Shares of Biogen Inc. are falling almost 28 percent in Thursday's trading after the company and Japanese drugmaker Eisai Co. said they will discontinue two late-stage trials for their experimental Alzheimer's drug, Aducanumab. The two Phase 3 trials, ENGAGE and EMERGE, are multi-center, randomized, double-blind, placebo-controlled, parallel-group studies designed to evaluate Aducanumab. The European Union on Wednesday ordered Alphabet Inc.'s Google to pay an antitrust fine of 1.49 billion euros for abusing its dominant position in the online search advertising intermediation market by preventing competition. This is the third antitrust fine by the EU against Google and it represents 1.29 percent of the tech giant's turnover in 2018.
Follow RTT