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CarMax Inc. (KMX)

43.81 Apr 16, 4:02PM EDT
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CarMax Inc.
12800 Tuckahoe Creek Parkway
Richmond, VA 23238
United States - Map
Phone: 804-747-0422

Index Membership:N/A
Industry:Auto Dealerships
Full Time Employees:N/A

Business Summary 

CarMax, Inc., through 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 sells vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions, as well as sells new vehicles under franchise agreements. It also provides customers financing alternatives through its finance operation, CarMax Auto Finance, as well as through its third-party financing providers. In addition, the company offers a range of other related products and services, including the sale of extended service plans, guaranteed asset protection, and accessories; the appraisal and purchase of vehicles directly from consumers; and vehicle repair services. As of September 24, 2013, it had 123 used car superstores in 61 markets. The company was founded in 1993 and is based in Richmond, Virginia.

Key Statistics

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Corporate Governance 
CarMax Inc.’s ISS Governance QuickScore as of Apr 1, 2014 is 5. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 7; Compensation: 6.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Thomas J. Folliard , 49
Chief Exec. Officer, Pres and Director
Mr. Thomas W. Reedy , 50
Chief Financial Officer and Exec. VP
Mr. William D. Nash , 45
Exec. VP of HR and Admin.
Mr. Eric M. Margolin , 60
Sr. VP, Gen. Counsel and Corp. Sec.
Mr. William C. Wood Jr., 47
Exec. VP of Stores
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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