O’Reilly Automotive, Inc. announced that Jeremy Fletcher, the Company’s Senior Vice President of Finance and Controller, has been promoted to the position of Executive Vice President and Chief Financial Officer.
Fletcher has been an O’Reilly Team Member for 16 years. Upon joining the Company in 2005, he served as Financial Reporting and Budgeting Manager and progressed through the roles of Director of Finance, Vice President of Finance and Controller, and has served in his previous role as Senior Vice President of Finance and Controller for over five years.
Prior to joining O’Reilly, Fletcher worked as a Certified Public Accountant in public practice and in a financial reporting and planning role for a Fortune 1000 corporation.
In his new position as Executive Vice President and Chief Financial Officer, Fletcher will assume full responsibility for all finance, accounting and treasury functions for the Company.
Fletcher’s promotion was effective May 9, replacing Tom McFall, O’Reilly’s Executive Vice President and Chief Financial Officer, who stepped down as Chief Financial Officer and is continuing his employment with the company in the role of Executive Vice President.
“After 16 years of dedicated service, Tom has communicated his desire to transition into a different role with the Company,” said Greg Johnson, O’Reilly President and CEO. “Tom has provided exceptional leadership to our Company since joining Team O’Reilly in 2006, and we are pleased he will continue to provide valuable guidance and mentorship as he shifts to this new role.
“Tom will retain his existing responsibilities in the areas of Information Technology, Real Estate, Legal and Risk Management, and will continue to provide key strategic and executive leadership. Succession planning has always been an important component of our Culture, and Tom has done an extraordinary job preparing Jeremy for his new role.”
McFall said it has been a privilege to have been a part of O’Reilly’s success over the past 16 years.
“I am very excited to continue my career with O’Reilly in a different role,” he said. “Our consistent and profitable growth is the result of our team working together and continually striving for the next level of success. During my entire tenure as CFO, Jeremy and I have worked very closely together, and he has been a trusted partner and advisor.
“I am highly confident in his ability to successfully transition into his new role and, along with our long-tenured executive management team, build on the Company’s impressive record of 29 consecutive years of comparable stores sales growth and record operating income.”
Fletcher is a 1995 graduate from Southwest High School, where he was the valedictorian. In 2000, he graduated from the University of Missouri in Columbia with a Master of Accountancy and Accounting degree.
