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CarMax Inc. (KMX)


NYSE - NYSE Delayed Price. Currency in USD
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61.71-0.79 (-1.26%)
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CarMax Inc.

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

SectorServices
IndustryAuto Dealerships
Full Time Employees24,344

Key Executives

NameTitlePayExercisedAge
Mr. William D. NashChief Exec. Officer, Pres and Director1.51MN/A48
Mr. Thomas W. ReedyChief Financial Officer and Exec. VP1.04M3.42M53
Mr. William C. Wood Jr.Chief Operating Officer and Exec. VP1.04M824.34k50
Mr. Eric M. MargolinExec. VP, Gen. Counsel and Corp. Sec.822.75k2.38M63
Mr. Edwin J. HillExec. VP of Strategy and Bus. Transformation862.35k2.36M57
Amounts are as of December 31, 2017 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.

Description

CarMax Inc., through its subsidiaries, operates as a retailer of used vehicles in the United States. The company operates in two segments, CarMax Sales Operations and CarMax Auto Finance. It offers customers a range of makes and models of used vehicles, including domestic and imported vehicles; sells vehicles that do not meet its retail standards to licensed dealers through on-site wholesale auctions; and provides extended protection plans to customers at the time of sale. The company also offers reconditioning and vehicle repair services; and provides financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with various financial institutions. In addition, it sells new vehicles under franchise agreements. As of April 6, 2017, the company operated 173 used car stores in 39 states. The company was founded in 1993 and is based in Richmond, Virginia.

Corporate Governance

CarMax Inc.’s ISS Governance QualityScore as of June 2, 2017 is 5. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 5; 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 a 10 indicates higher governance risk.