KMX - CarMax, Inc.

CarMax, Inc.

12800 Tuckahoe Creek Parkway
Richmond, VA 23238
United States
804-747-0422
https://www.carmax.com

Sector(s): Consumer Cyclical
Industry: Auto & Truck Dealerships
Full-time employees: 30,621

Key executives

Name	Title	Pay	Exercised	Year born
Mr. William D. Nash	Pres, CEO & Director	2.72M	N/A	1969
Mr. Enrique N. Mayor-Mora	Exec. VP & CFO	1.15M	N/A	1969
Mr. Shamim Mohammad	Exec. VP and Chief Information & Technology Officer	944.56k	N/A	1969
Ms. Diane Long Cafritz	Exec. VP, Gen. Counsel, CHRO & Chief Compliance Officer	914.92k	1.1M	1971
Mr. James R. Lyski	Exec. VP & Chief Marketing Officer	1.04M	N/A	1963
Mr. Charles Joseph Wilson	Exec. VP & COO	N/A	N/A	1973
Ms. Jill A. Livesay	VP, Chief Accounting Officer & Controller	N/A	N/A	1969
Mr. David L. Lowenstein	Assistant VP of Investor Relations	N/A	N/A	N/A
Ms. Trina Hoppin Lee	Assistant VP of Public Affairs & Communications	N/A	N/A	N/A
Mr. Jon G. Daniels	Sr. VP of CarMax Auto Fin.	N/A	N/A	1972

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

CarMax, Inc., together with its subsidiaries, operates as a retailer of used vehicles in the United States. It operates in two segments, CarMax Sales Operations and CarMax Auto Finance. The company offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; and extended protection plans to customers at the time of sale, as well as sells vehicles that are approximately 10 years old and has more than 100,000 miles through wholesale auctions. It also provides reconditioning and vehicle repair services; and financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with various financial institutions. The company was founded in 1993 and is based in Richmond, Virginia.

Corporate governance

CarMax, Inc.’s ISS governance QualityScore as of 30 May 2023 is 7. The pillar scores are Audit: 1; Board: 8; Shareholder rights: 7; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.