Investor Relations

Corporate Governance - Board of Directors

Management

Tom Folliard
President and Chief Executive Officer

Tom Folliard
President and Chief Executive Officer

Mr. Folliard joined CarMax in 1993 as the senior buyer and became the director of purchasing in 1994. Mr. Folliard was promoted to vice president of merchandising in 1996; senior vice president of store operations in 2000; executive vice president, store operations in 2001; and president and chief executive officer in 2006. He was responsible for the design and development of the unique CarMax purchasing process, the buyer training program, and the in-store wholesale auction system. He also p...

Keith Browning
Executive Vice President and Chief Financial Officer

Keith Browning
Executive Vice President and Chief Financial Officer

Mr. Browning joined CarMax in 1996 after spending 14 years at Circuit City. He has been involved in the development of accounting procedures, systems and internal controls for CarMax since its inception. While at Circuit City, he served as controller for the West Coast Division from 1984 to 1987, assistant corporate controller from 1987 to 1990 and corporate controller from 1990 to 1996. Mr. Browning has served as a director of CarMax since January 1997....

Mike Dolan
Executive Vice President and Chief Administrative Officer

Mike Dolan
Executive Vice President and Chief Administrative Officer

Mr. Dolan joined CarMax in 1997 as vice president and chief information officer. He was named senior vice president in April 2001. Prior to joining CarMax, Mr. Dolan was vice president and chief information officer for H.E.B. Stores, a privately held grocery retailer....

Joe Kunkel
Senior Vice President, Marketing and Strategy

Joe Kunkel
Senior Vice President, Marketing and Strategy

Mr. Kunkel joined CarMax in 1998 as vice president, marketing and strategy. He was named senior vice president in April 2001. Prior to joining CarMax, Mr. Kunkel was president of Wholesome Kidfoods, Inc. and a senior manager with McKinsey and Company....

Eric Margolin
Senior Vice President, General Counsel and Corporate Secretary

Richard Smith
Senior Vice President and Chief Information Officer

Anu Agarwal
Vice President, Business Strategy

Dave Banks
Vice President, Information Technology

Dan Bickett
Vice President, Construction and Facilities

Angie Chattin
Vice President, CarMax Auto Finance

Jon Daniels
Vice President, CarMax Auto Finance

Laura Donahue
Vice President, Advertising

Roberta Douma
Vice President, Human Resource Development

Barbara Harvill
Vice President, Information Technology

Ed Hill
Vice President, Service Operations

Katharine Kenny
Vice President, Investor Relations

Rob Mitchell
Vice President, Consumer Finance

Douglass Moyers
Vice President, Real Estate

Lynn Mussatt
Vice President, Business Operations

Bill Nash
Vice President, Merchandising

Kim Orcutt
Vice President, Controller

Tom Reedy
Vice President, Treasurer

Scott Rivas
Vice President, Human Resources

Rob Sorensen
Vice President, Marketing

Fred Wilson
Vice President, Store Administration

Cliff Wood
Vice President, Sales

Mark Adams
Assistant Vice President, Logistics

Jeremy Byrnes
Assistant Vice President, CarMax Auto Finance

Mike Callahan
Assistant Vice President, CarMax Auto Finance

Troy Downs
Assistant Vice President, Information Technology

Edward Fabritiis
Assistant Vice President, Service Operations Human Resources

Dodie Fix
Assistant Vice President, Procurement

Michelle Halasz
Assistant Vice President, Deputy General Counsel

Veronica Hinckle
Assistant Vice President, Assistant Controller

Dan Johnston
Assistant Vice President, Sales Operations

Chad Kulas
Assistant Vice President, Human Resources

John Montegari
Assistant Vice President, Media

Kim Ross
Assistant Vice President, Human Resources

Gary Sheehan
Assistant Vice President, Process Engineering

David Smith
Assistant Vice President, Operations Strategy

Brian Stone
Assistant Vice President, Sales Development

Joe Wilson
Assistant Vice President, Auction Services and Buyer Development

Natalie Wyatt
Assistant Vice President, Assistant Controller

Board of Directors

William R. Tiefel
Chairman of the Board, CarMax, Inc., Retired Vice Chairman of Marriott International, Inc. and Chairman Emeritus of The Ritz-Carlton Hotel Company, L.L.C.

William R. Tiefel
Chairman of the Board, CarMax, Inc., Retired Vice Chairman of Marriott International, Inc. and Chairman Emeritus of The Ritz-Carlton Hotel Company, L.L.C.

Mr. Tiefel retired as vice-chairman of Marriott International, Inc. and the chairman emeritus of The Ritz-Carlton Hotel Company, L.L.C. in 2002. He joined Marriott Corporation in 1961. He was named president of Marriott Hotels and Resorts in 1989, president of Marriott Lodging in 1993, and vice-chairman of Marriott International and chairman of The Ritz-Carlton Hotel Company in 1998. He is a director of Bulgari Hotels and Resorts and Lydian Private Bank. Mr. Tiefel has been a member of the C...

Ronald E. Blaylock
Founder and Managing Partner, GenNx360 Capital Partners

Keith D. Browning
Executive Vice President, Chief Financial Officer, CarMax, Inc.

Keith D. Browning
Executive Vice President, Chief Financial Officer, CarMax, Inc.

Mr. Browning joined CarMax in 1996 after spending 14 years at Circuit City. He has been involved in the development of accounting procedures, systems and internal controls for CarMax since its inception. While at Circuit City, he served as controller for the West Coast Division from 1984 to 1987, assistant corporate controller from 1987 to 1990 and corporate controller from 1990 to 1996. Mr. Browning has served as a director of CarMax since January 1997....

James F. "Fully" Clingman, Jr.
Retired President and Chief Operating Officer, H.E. Butt Grocery Company

James F. "Fully" Clingman, Jr.
Retired President and Chief Operating Officer, H.E. Butt Grocery Company

Mr. Clingman retired as the president and chief operating officer of the H.E. Butt Grocery Company in 2003. H.E. Butt is an independently owned food retailer. He joined H.E. Butt in 1975, and was named chief operating officer in 1984 and president in 1995. He is a director of H.E. Butt Grocery Company, Van de Walle Food Manufacturing Company, Ecce Panis, and Valero GP, L.L.C. Mr Clingman joined the CarMax board of directors in 2003....

Thomas J. Folliard
President and Chief Executive Officer, CarMax, Inc.

Thomas J. Folliard
President and Chief Executive Officer, CarMax, Inc.

Mr. Folliard joined CarMax in 1993 as the senior buyer and became the director of purchasing in 1994. Mr. Folliard was promoted to vice president of merchandising in 1996; senior vice president of store operations in 2000; executive vice president, store operations in 2001; and president and chief executive officer in 2006. He was responsible for the design and development of the unique CarMax purchasing process, the buyer training program, and the in-store wholesale auction system. He also p...

Jeffrey E. Garten
Juan Trippe Professor in the Practice of International Trade, Finance and Business, Yale School of Management, and Chairman of Garten Rothkopf

Jeffrey E. Garten
Juan Trippe Professor in the Practice of International Trade, Finance and Business, Yale School of Management, and Chairman of Garten Rothkopf

Mr. Garten has been the Juan Trippe Professor in the Practice of International Trade, Finance, and Business at the Yale School of Management since July 2005 and the Chairman of Garten Rothkopf, an international consulting firm, since October 2005. He was the Dean of the Yale School of Management from 1995 to 2005. He was the United States Undersecretary of Commerce for International Trade from 1993 to 1995 and previously spent 13 years in investment banking with Lehman Brothers and the Blackst...

Shira D. Goodman
Executive Vice President of Marketing, Staples, Inc.

W. Robert Grafton
Retired Managing Partner -- Chief Executive, Andersen Worldwide S.C.

W. Robert Grafton
Retired Managing Partner -- Chief Executive, Andersen Worldwide S.C.

Mr. Grafton retired as managing partner-chief executive of Andersen Worldwide S.C. in 2000. Andersen Worldwide provided global professional auditing and consulting services through its two service entities, Arthur Andersen and Andersen Consulting. He is a certified public accountant, and he joined Arthur Andersen in 1963. He was elected a member of the Board of Partners, Andersen Worldwide in 1991 and chairman of the Board of Partners in 1994. He became managing partner-chief executive in 19...

Edgar H. Grubb
Retired Executive Vice President and Chief Financial Officer, Transamerica Corporation

Edgar H. Grubb
Retired Executive Vice President and Chief Financial Officer, Transamerica Corporation

Mr. Grubb retired as exective vice president and chief financial officer of Transamerica Corporation, a leading insurance and financial services firm, in 1999. He joined Transamerica in 1989 and became chief financial officer in 1993. From 1986 to 1989, he was the senior vice president and chief financial officer of Lucky Stores, Inc. He is a director of the California State Automobile Association (the "CSAA"), the CSAA Insurance Bureau, and ACA, Inc., which is a partnership of the Northern C...

Hugh G. Robinson
Chief Executive Officer, Global Building Systems, Inc.

Hugh G. Robinson
Chief Executive Officer, Global Building Systems, Inc.

Major General Robinson, (U.S.A. Ret.), is the chief executive officer of Global Building Systems, Inc., a firm that develops and constructs low- and moderate-income residential housing. From 2003 to 2005, he was the chairman and chief executive officer of Granville Construction & Development Co., Inc., a housing development and construction firm. From 1989 to 2003, he was chairman and chief exective officer of the Tetra Group, a construction management and building services firm. He is also ...

Thomas G. Stemberg
Chairman Emeritus, Staples, Inc., and Managing General Partner of the Highland Consumer Fund at Highland Capital Partners

Thomas G. Stemberg
Chairman Emeritus, Staples, Inc., and Managing General Partner of the Highland Consumer Fund at Highland Capital Partners

Mr. Stemberg is the managing general partner of the Highland Consumer Fund at Highland Capital Partners, a venture capital firm. From 2005 to 2007, he acted as the venture partner of Highland Capital Partners. Mr. Stemberg is also the founder and chairman emeritus of Staples, Inc. an office supply superstore retailer. He pioneered the office superstore industry and was chief executive officer of Staples from 1986 to 2002. From 2002 to 2004, he served as an executive officer at Staples with t...

Vivian M. Stephenson
Retired Chief Operating Officer, Williams-Sonoma, Inc.

Vivian M. Stephenson
Retired Chief Operating Officer, Williams-Sonoma, Inc.

Ms. Stephenson retired as the chief operating officer of WIlliams-Sonoma, Inc., a specialty retailer of products for the home, in 2006. She was named chief operating officer of Williams-Sonoma in 2003. From 2000 to 2003, she served as a consultant to Apple Computer and Williams-Sonoma. She was the chief information officer for Target Corporation from 1995 to 2000. She currently is the chair of the Mills College board of trustees and the vice chair of the California State Automobile Associati...

Beth A. Stewart
Chairman and Chief Executive Officer, Storetrax.com and Co-Managing Member, Trewstar, LLC

Beth A. Stewart
Chairman and Chief Executive Officer, Storetrax.com and Co-Managing Member, Trewstar, LLC

Ms. Stewart has been chairman since 1999 and chief executive officer since 2001 of Storetrax.com, and Internet retail real estate listing service company. Since 1992, she has served as president of Stewart Real Estate Capital, a real estate investment company. She was an adjunct professor at Columbia University Graduate School of Business from 1994 to 1996. She previously spent 12 years in investment banking with Goldman, Sachs & Co. She is currently a director of General Growth Properties, ...

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Corporate Governance - Board of Directors

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