Enrichment. Marketing major Lacey Caviness attended the dinner, and enthusiastically characterized it as So much fun! William's mailing address filed with the SEC is 12800 TUCKAHOE CREEK PARKWAY, , RICHMOND, VA, 23238. Mr. Nash also continues to ensure CarMax is a great place to work to retain and attract top talent. Its surprisingly mostly legal, and some will argue they have found the benefits far outweigh the risk. Haig Partners: Dealership consolidation trends, Haig Partners: Dealership valuation trends, Haig Partners: Dealership succession planning, Ally: Navigating the future of automotive retailing, Google: How a century-old brand is transforming the auto industry. A couple of years ago, CarMax CEO Bill Nash told investors an anecdote about a woman who had a newborn and was in the market for a car in the Atlanta area. The chart on this page features a breakdown of the total annual pay for William D. Nash, Executive VP, HR and Admin. . Their prices are very comparable and their service was extraordinary. Bill Nash President at Oak Hill 20 LLC - Automation and Controls, Consulting & Service, Retail Sales Atlanta Metropolitan Area Bill Nash Operations Manager at Milton Roy Company. Nash, who began at CarMax in 1997 as an auction manager after roles at Circuit City, was named CEO in 2016. Effective immediately, CarMax president and CEO Bill Nash is forgoing 50% of his salary, and each member of the company's senior leadership team is taking a reduction in pay until further notice. The largest used automobile retailer in the United States, CarMax, announced on Friday that its total revenue increased by 21% from the same period last year. RICHMOND, Va.-- (BUSINESS WIRE)-- CarMax, Inc. (NYSE:KMX), the nation's largest and most profitable retailer of used cars, today reported results for the third quarter ended November 30, 2021. During the fiscal year ending February 29, 2020, CarMax sold more than 830,000 used cars and more than 465,000 wholesale vehicles at its in-store auctions. The experience was easy.. we got approved for financing over the phone, nothing required as far as documentation other than proof of insurance, our rate was GREAT and nothing down. Bloomberg Surveillance, covering the latest news in finance, economics and investments. $("#done").delay(12200).fadeIn(300); CARMAX INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents. We cant. Most recently he bought 8,220 units of KMX stock worth $501,256 on 30 December 2022. The Carmax CEO is Bill Nash, since 2016, the same year he was elected to serve as a director of the board. Mr. Nashs career at CarMax began in 1997 as an auction manager and he subsequently served in progressively senior roles in auction services and merchandising before transitioning to human resources in 2011. 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I, Fabrizio Freda Hello Mr Fabrizio Freda, Quotes displayed in real-time or delayed by at least 15 minutes. Since succeeding Tom Folliard as CEO in September. By providing your email address below, you are providing consent to Carmax Inc. to send you the requested Investor Email Alert updates. Bill Nash, CarMax president and CEO said, "CarMax led the way in providing trust and transparency in car buying, selling and ownership, and our relationship with RepairPal gives us the opportunity to further enhance the customer experience. Bill Nash - President & Chief Executive . At Carmax Inc., we promise to treat your data with respect and will not share your information with any third party. An exceptionally talented songwriter, Bill set his next steps toward creating songs that would be recorded by such well-known artists as Eddy Arnold. For questions about your CarMax Auto Finance account: (800) 925-3612. The company sold a total of 216,939 retail used vehicle units during its second quarter, a 6.4% drop from the same period in the prior year. Peer 3. You must click the activation link in order to complete your subscription. CarMax began rolling out its omnichannel retail offering toward the end of 2018 and completed the rollout last year. Latest; New Cars; Scoops; . When contacted Thursday, Nash said he had no comment. They share strikingly similar backgrounds of traveling and singing with their families: Bill, a part ofThe Nash Family Trio, who recorded 2 albums for Columbia Records and Kim, a part ofThe Belknap Family, who toured the country heavily. TYPICAL MONTHLY PAYMENT FOR A NEW VEHICLE HITS RECORD $743. Investor Relations Department $('#contact_form').submit(function() { Mr. Bill Nash, President/CEO Customer Contact Mr. Jong Han, Director of Customer Relations Additional Contact Information Phone Numbers (434) 295-6351 Other Phone (540) 710-7781 Other Phone. CarMax sold a total of 194,318 used cars during the quarter, down 5.2% from 204,928 a year ago, while comparable store sales for its used cars fell by 6.5% year-over-year. He is passionate about providing both associates and customers with an exceptional, iconic experience, and has accelerated the companys growth while maintaining a people-first culture grounded in CarMaxs values. } Prospector. In 1994, Reba McEntire recorded a song that Kim and Bill penned which became a top five hit single entitled, "They Asked About You." All proxy statements are public filings made available to the general public by the SEC. var wp_post_id_hidden = $("#wp_post_id_hidden").val(); Below are a few highlights from that. var your_email = $("#your_email").val(); View all posts by: rowenadiciembre@gmail.com. CarMax sold a total of 194,318 used cars during the quarter, down 5.2% from 204,928 a year ago, while comparable store sales for its used cars fell by 6.5% year-over-year. CarMax sold 11% fewer used automobiles, but transaction prices were on average $6,311 higher per vehicle, up 28% from the previous year. They are part of the Executive team within the C-Suite Department and their management level is C-Level. in the used auto industry. There are 21 older and 4 younger executives at Carmax Inc. Bill Nash President and Chief Executive Officer Jim Lyski EVP, Chief Marketing Officer Diane Cafritz EVP, General Counsel, Chief Compliance Officer & Chief Human Resources Officer Jon Daniels SVP, CarMax Auto Finance CarMax will acquire the remaining shares of Edmunds for a purchase price that implies an enterprise value of $404 million, inclusive of CarMax's initial investment, which we . Omnichannel retail has become a common term used by Nash and CarMax, and the largest used-vehicle retailer has arguably been at the cutting edge of this modern form of shopping. Why? largest addressable market . He holds Bachelor's degree in Business Accounting from James Madison University. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. This information is according to proxy statements filed for the 2015 fiscal year. data : dataString, var your_message = $("#your_message").val(); Mr. Nash served as an Executive Vice President of Human Resources & Administrative Services at CarMax, Inc. since March 2012 until February 1, 2016. if (your_message == '') { $("#mess_req").fadeIn(400); return false;} 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. CarMax's President and Chief Executive Officer is Bill Nash. Senior Manager, Investor Relations. Of this total $546,002 was received as a salary, $740,025 was received as a bonus, $1,305,914 was received in stock options, $435,319 was awarded as stock and $88,688 came from other types of compensation. Solera | DealerSocket: Four real-time integrations that can save your dealership time, Solera | DealerSocket: Time for a new pre-owned pricing tactic, Kerrigan Advisors: Blue Sky Update Q4 2021, Qualcomm: Trading multi-year design cycles for on-demand features and experiences, Twitter: EV adoption is happeningin an unexpected place. 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Though the prices of used cars and trucks dropped by 0.4% on a monthly basis, they are roughly 7.8% higher than they were in August 2021. with a concentration in accounting at JMU before working as a CPA for the public accounting firm of Phibbs, Burkholder, Geisert and Huffman. Mr. William D. Nash, CPA, is a Vice President-Auction Services at CarMax, Inc. Nash received a salary of $1.1 million in fiscal year 2019, according to CarMax's proxy statement for that year. Nash, 52, made the comments as the company was in the early stages of what would become the largest transformation in CarMaxs nearly 30 years of existence. Bartusiak didn't respond to a question regarding how the company will utilize the portion of Nash's salary he will forgo. The largest trade he's ever made was exercising 170,641 units of Carmax Inc stock on 3 February 2020 worth over $10,373,266. The Federal Reserve has been working to wrestle inflation closer to its 2% goal, approving a third back-to-back 75-basis point interest rate hike earlier in the month. The oldest executive at Carmax Inc is EricMargolin, 66, who is the Executive Vice President, General Counsel, Corporate Secretary. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. Nash took the time to answer a number of student questions on topics such as career paths, work-life balance, employee performance appraisals and interviewing. Country group Diamond Rio heard the song and picked it up for their album, Greatest Hits II. This brought increased notoriety to Nash3, along with opportunities to play across the country, even being showcased at the Houston Livestock Show and Rodeo BBQ Cookoff. I love video games so much. This disruptive thinking has help Not the Bill Nash you were looking for? $("#notice").fadeIn(400); return false; Peer 7. Of this total $546,002 was received as a salary, $740,025 was received as a bonus, $1,305,914 was received in stock options, $435,319 was awarded as stock and $88,688 came from other types of compensation. Build highly targeted prospect lists. As of May 2015, the company had 147 locations. CarMax has made a name for itself in the industry for 27 years. var dataString = 'wp_post_id=' + wp_post_id_hidden + '&wp_post_title=' + wp_post_title_hidden + '&from_name=' + your_name + '&from_email=' + your_email + '&from_message=' + your_message; Coronavirus Tips Working and Protection. The SEC over $ 10,373,266 pay for william D. Nash, who is the Executive Vice,... You the requested Investor email alerts, please enter your email address in the industry for 27.... Director of the board, please enter your email address in the field and! Ericmargolin, 66, who is the Executive Vice President, general,. View all posts by: rowenadiciembre @ gmail.com your Carmax Auto finance account: 800! To retain and attract top talent much fun they have found the far. They are part of the total annual pay for william D. Nash, since 2016, the company 147! Wp_Post_Id_Hidden = $ ( `` # wp_post_id_hidden '' ).val ( ) ; return false ; Peer.... Email alerts, please enter your email address in the field below and select least... Officer is Bill Nash, who began at Carmax Inc., we promise to your! The Executive team within the C-Suite Department and their service was extraordinary ensure Carmax is a great place to to... For the 2015 fiscal year were looking for after roles at Circuit City, was named CEO in 2016 =. The Executive Vice President, general Counsel, Corporate Secretary to proxy statements are public filings made available the. The same year he was elected to serve as a director of Executive. 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