CarMax Management
Management criteria checks 4/4
CarMax's CEO is Bill Nash, appointed in Feb 2016, has a tenure of 8.17 years. total yearly compensation is $11.59M, comprised of 10.6% salary and 89.4% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth $11.63M. The average tenure of the management team and the board of directors is 6.7 years and 7.6 years respectively.
Key information
Bill Nash
Chief executive officer
US$11.6m
Total compensation
| CEO salary percentage | 10.6% |
| CEO tenure | 8.2yrs |
| CEO ownership | 0.1% |
| Management average tenure | 6.7yrs |
| Board average tenure | 7.6yrs |
Recent management updates
Recent updates
CarMax: Buy The Q4 Earnings Dip, Here's Why
Apr 11Is CarMax, Inc. (NYSE:KMX) Potentially Undervalued?
Apr 03
CarMax (NYSE:KMX) May Have Issues Allocating Its Capital
Mar 12CarMax: The Anticipated Earnings Recovery Is Reflected In Valuation
Mar 06Investors Still Waiting For A Pull Back In CarMax, Inc. (NYSE:KMX)
Jan 30CarMax Q3 2024 Earnings: Still Too Cheap
Dec 22Should You Think About Buying CarMax, Inc. (NYSE:KMX) Now?
Dec 15CarMax: Potential Credit Losses Make Shares Unattractive
Dec 03CarMax, Inc.'s (NYSE:KMX) Intrinsic Value Is Potentially 47% Above Its Share Price
Nov 27CarMax (NYSE:KMX) Is Reinvesting At Lower Rates Of Return
Nov 09CarMax: We Bought Amidst The UAW Strike
Sep 27Is There Now An Opportunity In CarMax, Inc. (NYSE:KMX)?
Sep 13CarMax Is Substantially Overvalued And Its Fundamentals Are Deteriorating
Aug 23CarMax (NYSE:KMX) May Have Issues Allocating Its Capital
Aug 05Estimating The Intrinsic Value Of CarMax, Inc. (NYSE:KMX)
Jul 18CarMax: I Would Not Make A Long-Term Investment
Jun 19At US$74.66, Is CarMax, Inc. (NYSE:KMX) Worth Looking At Closely?
Jun 05CarMax's (NYSE:KMX) Returns On Capital Not Reflecting Well On The Business
May 01An Intrinsic Calculation For CarMax, Inc. (NYSE:KMX) Suggests It's 35% Undervalued
Mar 25CarMax: A Great, But Pricey, Company
Feb 24What Is CarMax, Inc.'s (NYSE:KMX) Share Price Doing?
Feb 20CarMax and UVeye tie-up to provide tech solutions for wholesale vehicles
Jan 24Some Investors May Be Worried About CarMax's (NYSE:KMX) Returns On Capital
Jan 20CarMax gains on activist investor speculation
Jan 17Is There An Opportunity With CarMax, Inc.'s (NYSE:KMX) 38% Undervaluation?
Dec 25CarMax Q3 2023 Earnings Preview
Dec 21Should You Investigate CarMax, Inc. (NYSE:KMX) At US$64.63?
Nov 08CarMax: Near-Term Headwinds Present Long-Term Opportunity
Nov 01Alphyn Capital - CarMax: An Attractive Compounder In A Cyclical Industry
Oct 26Quick Takes: Tesla, Twitter, Carvana & More
Oct 06
CarMax, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Oct 05CarMax (NYSE:KMX) Will Want To Turn Around Its Return Trends
Sep 29CarMax FQ2 2023 Earnings Preview
Sep 28An Intrinsic Calculation For CarMax, Inc. (NYSE:KMX) Suggests It's 50% Undervalued
Sep 11CarMax: The Right Business Model For Any Environment
Sep 07Is It Too Late To Consider Buying CarMax, Inc. (NYSE:KMX)?
Jul 27CarMax: Tailwinds Weakening, Headwinds On The Horizon
Jun 27Here's What To Make Of CarMax's (NYSE:KMX) Decelerating Rates Of Return
Jun 21Are Investors Undervaluing CarMax, Inc. (NYSE:KMX) By 43%?
Jun 08Focus On Fundamentals In Stormy Markets - CarMax
May 12I Ran A Stock Scan For Earnings Growth And CarMax (NYSE:KMX) Passed With Ease
Apr 29CarMax's Growth Turbo-Boosted By Hot Used Car Market
Apr 26Fiduciary Management - CarMax, Inc.: A Leading Franchise At A Steep Discount
Apr 16CarMax, Inc's (NYSE:KMX) Fair Value is Close Enough to Current Prices
Apr 13CarMax Q4 2022 Earnings Preview: A Favorable Risk To Reward Prospect
Apr 08When Should You Buy CarMax, Inc. (NYSE:KMX)?
Mar 31CarMax, Inc. Offers Unmatched Omnichannel Experience In The Used Car Market
Mar 18Return Trends At CarMax (NYSE:KMX) Aren't Appealing
Mar 04The CarMax Business Model Is Being Proven True
Feb 28Estimating The Fair Value Of CarMax, Inc. (NYSE:KMX)
Feb 19CarMax Stock Has Fallen To An Attractive Level
Feb 15Is Now The Time To Put CarMax (NYSE:KMX) On Your Watchlist?
Jan 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Feb 29 2024 | n/a | n/a | US$479m |
| Nov 30 2023 | n/a | n/a | US$498m |
| Aug 31 2023 | n/a | n/a | US$454m |
| May 31 2023 | n/a | n/a | US$461m |
| Feb 28 2023 | US$12m | US$1m | US$485m |
| Nov 30 2022 | n/a | n/a | US$576m |
| Aug 31 2022 | n/a | n/a | US$807m |
| May 31 2022 | n/a | n/a | US$967m |
| Feb 28 2022 | US$14m | US$1m | US$1b |
| Nov 30 2021 | n/a | n/a | US$1b |
| Aug 31 2021 | n/a | n/a | US$1b |
| May 31 2021 | n/a | n/a | US$1b |
| Feb 28 2021 | US$10m | US$967k | US$747m |
| Nov 30 2020 | n/a | n/a | US$752m |
| Aug 31 2020 | n/a | n/a | US$690m |
| May 31 2020 | n/a | n/a | US$627m |
| Feb 29 2020 | US$9m | US$1m | US$888m |
| Nov 30 2019 | n/a | n/a | US$866m |
| Aug 31 2019 | n/a | n/a | US$883m |
| May 31 2019 | n/a | n/a | US$871m |
| Feb 28 2019 | US$9m | US$1m | US$842m |
| Nov 30 2018 | n/a | n/a | US$772m |
| Aug 31 2018 | n/a | n/a | US$731m |
| May 31 2018 | n/a | n/a | US$691m |
| Feb 28 2018 | US$8m | US$1m | US$664m |
Compensation vs Market: Bill's total compensation ($USD11.59M) is about average for companies of similar size in the US market ($USD13.51M).
Compensation vs Earnings: Bill's compensation has been consistent with company performance over the past year.
CEO
Bill Nash (54 yo)
8.2yrs
Tenure
US$11,588,743
Compensation
Mr. William D. Nash, also known as Bill, has been the Chief Executive Officer of CarMax, Inc. since September 2016 and its President since February 1, 2016. Mr. Nash served as an Executive Vice President o...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 8.2yrs | US$11.59m | 0.11% $ 11.6m | |
| Executive VP & CFO | 4.5yrs | US$2.44m | 0.012% $ 1.3m | |
| Executive VP and Chief Information & Technology Officer | 9.5yrs | US$2.24m | 0.0079% $ 863.2k | |
| EVP of Human Resources | 7yrs | US$2.21m | 0.0044% $ 485.9k | |
| Executive VP | less than a year | US$2.61m | 0.015% $ 1.6m | |
| Executive VP & COO | 1.4yrs | no data | 0.010% $ 1.1m | |
| VP, Chief Accounting Officer & Controller | 7.4yrs | no data | 0.0058% $ 631.8k | |
| Vice President of Investor Relations | no data | no data | no data | |
| Assistant Vice President of Public Affairs & Communications | no data | no data | no data | |
| Senior Vice President of CarMax Auto Finance | 10.3yrs | no data | 0.0018% $ 191.9k | |
| VP of Strategy & Chief Data Officer | 4.2yrs | no data | no data | |
| Senior Vice President of Store & CEC Execution | 6.4yrs | no data | 0.0074% $ 808.4k |
6.7yrs
Average Tenure
54yo
Average Age
Experienced Management: KMX's management team is seasoned and experienced (6.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.6yrs | US$11.59m | 0.11% $ 11.6m | |
| Non-Executive Chairman | 17.8yrs | US$493.44k | 0.13% $ 14.5m | |
| Independent Director | 16.5yrs | US$311.14k | 0.0064% $ 700.9k | |
| Independent Director | 16.5yrs | US$305.40k | 0.022% $ 2.4m | |
| Independent Director | 4.5yrs | US$296.22k | 0.010% $ 1.1m | |
| Independent Director | 5.5yrs | US$283.72k | 0.0070% $ 764.5k | |
| Lead Independent Director | 13.3yrs | US$348.61k | 0.019% $ 2.1m | |
| Independent Director | 7yrs | US$309.47k | 0.0091% $ 1.0m | |
| Independent Director | 6yrs | US$333.97k | 0.011% $ 1.2m | |
| Independent Director | 5.8yrs | US$293.97k | 0.0072% $ 790.8k | |
| Independent Director | 9yrs | US$288.27k | 0.012% $ 1.3m |
7.6yrs
Average Tenure
60yo
Average Age
Experienced Board: KMX's board of directors are considered experienced (7.6 years average tenure).