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AutoZone Senior Vice President - Stores Accepts Position With Office Depot

31 January 2001

AutoZone Senior Vice President - Stores Accepts Position With Office Depot

    MEMPHIS, Tenn., Jan. 31 AutoZone, Inc. , today
announced that Gerald E. Colley, 48, senior vice president - stores, has
resigned to accept a position as Office Depot's president of North American
stores.
    "Jerry has built an extraordinary operating team, and the strength of the
team he has assembled gives me great confidence in our future.  We wish him
the very best in his new endeavor," said Tim Vargo, AutoZone's president and
COO.
    Separately, Stephen W. Valentine, 38, has given up his duties as senior
vice president - business development in order to care for and spend more time
with his ailing father.
    "While we always hate to bid farewell to good AutoZoners, we've spent a
great deal of time developing a deep bench.  The people we've been developing
will now have the opportunity to take AutoZone to the next level," Vargo said.
    Vargo will assume responsibility for both Colley's and Valentine's duties
until internal replacements are named.
    AutoZone sells auto and light truck parts, chemicals and accessories
through 2,956 AutoZone stores in 42 states plus the District of Columbia in
the U.S. and 13 AutoZone stores in Mexico.  AutoZone also sells heavy-duty
truck parts through 49 TruckPro stores in 15 states, and automotive diagnostic
and repair software through ALLDATA.  On the web, AutoZone sells diagnostic
and repair information through alldatadiy.com, and auto and light truck parts
through AutoZone.com.