CarMax

#1571

Rank

$10.65B

Marketcap

United States

Country

Leadership team

Mr. William D. Nash (Pres, CEO & Director)

Mr. Enrique N. Mayor-Mora (Exec. VP & CFO)

Mr. Shamim Mohammad (Exec. VP and Chief Information & Technology Officer)

Products/ Services

Automotive, Online Portals, Retail

Number of Employees

20,000 - 50,000

Headquarters

Richmond, Virginia, United States

Established

1993

Company Registration

SEC CIK number: 0001170010

Net Income

1B - 20B

Revenue

Above - 1B

Traded as

KMX

Social Media

URL

https://www.carmax.com

Overview

Location

Recognition and Award

References

Summary

CarMax, Inc., together with its subsidiaries, operates as a retailer of used vehicles in the United States. The company operates through two segments, CarMax Sales Operations and CarMax Auto Finance. It 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. The company 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. As of February 28, 2022, it operated approximately 230 used car stores. CarMax, Inc. was founded in 1993 and is based in Richmond, Virginia.

History

CarMax was founded in 1993 by Austin Ligon, a former McKinsey & Company colleague, and is now a Fortune 500 company. The company is rapidly expanding and now has more than 7,000 team members in the United States. CarMax is a publicly traded and publicly held company.

Mission

To drive integrity in the automotive industry by being honest & transparent in every interaction.

Vision

An iconic experience -- Every time. Everywhere.

Key Team

Ms. Diane Long Cafritz (Exec. VP, Gen. Counsel, CHRO & Chief Compliance Officer)

Mr. James R. Lyski (Exec. VP & Chief Marketing Officer)

Mr. Charles Joseph Wilson (Exec. VP & COO)

Ms. Trina Hoppin Lee (Assistant VP of Public Affairs & Communications)

Ms. Jill A. Livesay (VP, Chief Accounting Officer & Controller)

Corey Haire (VP of Sales)

Stacy Frole (VP of Investor Relations)

Recognition and Awards

CarMax is consistently honored for its innovative approach to customer service. We have been named to Fortune’s list of 100 Best Companies to Work For, recognized as one of the Top 50 Places to Work by the Human Rights Campaign, and have been included in Forbes magazine’s list of America’s best employers.