ADVANCE AUTO PARTS INC
For the period ended Mar 21, 2025. Filed Mar 21, 2025.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Mar 21, 2025 · Filed Mar 21, 2025
Contents
Overview of Executive Compensation Program
We have designed our executive compensation program to accomplish the following:
(a) Competitive total target direct pay to retain key executive talent;
(b) Achievement of short-term operational objectives of our business;
(c) Creation of long-term shareholder value; and
(d) Alignment between pay and performance.
Our executive compensation program comprises of three principal elements: base pay, short-term incentive compensation (“STI”) and long-term incentive compensation (“LTI”) that support the achievement of these goals.
The following table provides an overview of each element of our executive compensation program.
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