People: Carmax Inc (KMX)
KMX on New York Consolidated
46.71USD
24 May 2013
46.71USD
24 May 2013
Price Change (% chg)
$-0.34 (-0.72%)
$-0.34 (-0.72%)
Prev Close
$47.05
$47.05
Open
$46.67
$46.67
Day's High
$47.01
$47.01
Day's Low
$46.43
$46.43
Volume
1,619,929
1,619,929
Avg. Vol
1,619,000
1,619,000
52-wk High
$48.86
$48.86
52-wk Low
$24.83
$24.83
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
William Tiefel |
79 | 2007 | Independent Chairman of the Board |
Thomas Folliard |
48 | 2006 | President, Chief Executive Officer, Director |
Thomas Reedy |
48 | 2012 | Chief Financial Officer, Executive Vice President |
William Nash |
44 | 2012 | Executive Vice President - Human Resources and Administrative Services |
William Wood |
46 | 2012 | Executive Vice President - Stores |
Richard Smith |
55 | 2006 | Senior Vice President, Chief Information Officer |
Eric Margolin |
59 | 2007 | Senior Vice President, General Counsel, Corporate Secretary |
Ronald Blaylock |
53 | 2007 | Independent Director |
Rakesh Gangwal |
59 | 2011 | Independent Director |
Jeffrey Garten |
66 | 2002 | Independent Director |
Shira Goodman |
52 | 2007 | Independent Director |
W. Robert Grafton |
72 | 2003 | Independent Director |
Edgar Grubb |
73 | 2007 | Independent Director |
Mitchell Steenrod |
46 | 2011 | Independent Director |
Thomas Stemberg |
64 | 2003 | Independent Director |
Beth Stewart |
56 | 2002 | Independent Director |
Katharine Kenny |
Vice President - Investor Relations |
Biographies
| Name | Description |
|---|---|
William Tiefel |
Mr. William R. Tiefel is Independent Chairman of the Board of CarMax Inc. He is Retired Vice Chairman of Marriott International, Inc. and Chairman Emeritus of The Ritz-Carlton Hotel Company, LLC since 2002. He joined Marriott Corporation in 1961. He was named president of Marriott Hotels and Resorts in 1989, president of Marriott Lodging in 1992 and vice chairman of Marriott International and chairman of The Ritz-Carlton Hotel Company in 1998. He previously served as a director of Lydian Private Bank (2005-2011). In September 2010, Lydian Private Bank became a party to a publicly available Office of Thrift Supervision Order to Cease and Desist regarding its banking practices. |
Thomas Folliard |
Mr. Thomas J. Folliard is President, Chief Executive Officer, Director of Carmax Inc. He joined CarMax in 1993 as senior buyer and became 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 of store operations in 2001 and president and chief executive officer in 2006. He is a director of PulteGroup, Inc. As the chief executive of CarMax, Mr. Folliard leads the day-to-day operations of CarMax and is responsible for establishing and executing the Company’s strategic plans. |
Thomas Reedy |
Mr. Thomas W. Reedy, Jr. is Chief Financial Officer, Executive Vice President of Carmax Inc. Mr. Reedy joined CarMax in 2003 as its vice president and treasurer and, in January 2010, was promoted to senior vice president, finance. In October 2010, Mr. Reedy was promoted to senior vice president and chief financial officer. In March 2012, he was promoted to executive vice president and chief financial officer. Prior to joining CarMax, Mr. Reedy was vice president, corporate development and treasurer of Gateway, Inc., a technology retail company. |
William Nash |
Mr. William D. Nash is Executive Vice President - Human Resources and Administrative Services of Carmax Inc. Mr. Nash joined CarMax in 1997 as auction manager. In 2007, he was promoted to vice president and later, senior vice president of merchandising, a position he held until October 2011, when he was named senior vice president, human resources and administrative services. In March 2012, he was promoted to executive vice president, human resources and administrative services. Prior to joining CarMax, Mr. Nash worked at Circuit City. |
William Wood |
Mr. William C. Wood, Jr., is Executive Vice President - Stores of Carmax Inc., since March 2012. Mr. Wood joined CarMax in 1993 as a buyer-in-training. He has served as buyer, purchasing manager, district manager, regional director and director of buyer development. He was promoted to vice president, merchandising in 1998, vice president of sales operations in 2007, senior vice president, sales in 2010, and senior vice president, stores in 2011. In March 2012, he was promoted to executive vice president, stores. Prior to joining CarMax, Mr. Wood worked at Circuit City from 1989 to 1993. |
Richard Smith |
Mr. Richard Murray Smith is Senior Vice President, Chief Information Officer of Carmax Inc. Mr. Smith was the first full-time associate of CarMax, having worked on the original CarMax concept while at Circuit City in 1991. He has held various positions in technology and operations throughout his tenure with CarMax and was promoted to vice president, management information systems, in 2005. He was promoted to senior vice president and chief information officer in 2006. |
Eric Margolin |
Mr. Eric M. Margolin is Senior Vice President, General Counsel, Corporate Secretary of Carmax Inc., since November 2007. Prior to joining CarMax, he was senior vice president, general counsel and corporate secretary with Advance Auto Parts, Inc. and vice president, general counsel and corporate secretary with Tire Kingdom, Inc. |
Ronald Blaylock |
Mr. Ronald E. Blaylock is Independent Director of Carmax Inc. He is Founder and Managing Partner of GenNx360 Capital Partners, a private-equity buyout fund, focused on industrial business-to-business companies. Prior to founding GenNx360 in 2006, Mr. Blaylock was chief executive officer of Blaylock & Company, a full-service investment banking firm that he founded in 1993. Previously, Mr. Blaylock held senior management positions with PaineWebber and Citigroup. He is a director of Radio One, Inc. and W. R. Berkley Corporation. |
Rakesh Gangwal |
Mr. Rakesh Gangwal is Independent Director of CarMax Inc. He is Former Chief Executive Officer of US Airways Group, Inc. and Worldspan Technologies, Inc. From 2003 to 2007, Mr. Gangwal served as chairman, president and chief executive officer of Worldspan Technologies, Inc., a provider of travel and information technology services to the travel and transportation industry. From 2002 to 2003, he was involved in various personal business endeavors, including private equity and consulting projects. From 1998 until his resignation in 2001, Mr. Gangwal served as president and chief executive officer of US Airways Group, Inc. and US Airways, Inc. and from 1996 to 1998, he was the president and chief operating officer of US Airways Group. He is a co-founder of IndiGo, India’s low-fare airline. Mr. Gangwal is a director of PetSmart, Inc. and OfficeMax Incorporated, where he is the non-executive chairman. |
Jeffrey Garten |
Mr. Jeffrey E. Garten is Independent Director of CarMax Inc., since 2002. He is Juan Trippe Professor in the Practice of International Trade, Finance and Business at the Yale School of Management since July 2005 and 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 Blackstone Group. He is a director of Aetna Inc. and certain mutual funds of Credit Suisse Asset Management. He also serves on the board of management of Standard & Poor’s and is a member of the board of overseers of the International Rescue Committee. |
Shira Goodman |
Ms. Shira D. Goodman is Independent Director of CarMax Inc. Ms. Goodman is Executive Vice President, Global Growth of Staples, Inc., since 2012. She joined Staples in 1992 and has held a variety of positions of increasing responsibility in general management, marketing and human resources, including serving as executive vice president, marketing from 2001 to 2009 and executive vice president, human resources from 2009 to 2012. From 1986 to 1992, Ms. Goodman worked at Bain & Company in project design, client relationships and case team management. In her current position, she is responsible for international growth strategy, global marketing, mergers and acquisitions and new ventures of Staples globally. |
W. Robert Grafton |
Mr. W. Robert Grafton is Independent Director of CarMax Inc. Mr. Grafton is Retired Managing Partner-Chief Executive, Andersen Worldwide S.C. Andersen Worldwide provided global professional auditing and consulting services through its two service entities, Arthur Andersen and Andersen Consulting. He is a retired certified public accountant and 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 served as Managing Partner-Chief Executive from 1997 through 2000. Mr. Grafton is currently lead director of DiamondRock Hospitality Company. He previously served as a director of SRA International, Inc. (2010-2011). |
Edgar Grubb |
Mr. Edgar H. Grubb is Independent Director of CarMax Inc. He is Retired Executive Vice President and Chief Financial Officer of Transamerica Corporation. He joined Transamerica in 1989, became executive vice president in 1993 and retired in 1999. From 1986 to 1989, he was the senior vice president and chief financial officer of Lucky Stores, Inc. Mr. Grubb is a director and chair of the board of AAA Northern California, Nevada & Utah Insurance Exchange and he is a director of Auto Club Partners, Inc., an affiliation of ten AAA clubs in the United States. |
Mitchell Steenrod |
Mr. Mitchell D. Steenrod is Independent Director of CarMax Inc. He is Senior Vice President, Chief Financial Officer and Chief Information Officer of Pilot Travel Centers LLC, since 2006. Mr. Steenrod joined Pilot Travel Centers in 2001 as controller and treasurer. In 2004, he was promoted to senior vice president and chief financial officer and in 2006 took on the additional role of chief information officer. Previously, he spent 12 years with Marathon Oil Company and Marathon Ashland Petroleum LLC in a variety of positions of increasing responsibility in accounting, general management and marketing. |
Thomas Stemberg |
Mr. Thomas G. Stemberg is Independent Director of CarMax Inc. He is 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 the founder and Chairman Emeritus of the Board of Staples, Inc. He pioneered the office superstore industry and was chief executive officer of Staples from 1986 to 2002. From 2002 to 2004, Mr. Stemberg served as an executive officer at Staples with the title of Chairman. Mr. Stemberg is a director of PetSmart, Inc., lululemon athletica inc. and Guitar Center, Inc. |
Beth Stewart |
Ms. Beth A. Stewart is Independent Director of CarMax Inc. Ms. Stewart is Co-managing member of Trewstar, LLC, a private investment company, since 1998 and Chief Executive Officer of Trewstar Corporate Board Services, an executive search firm, since 2011. Ms. Stewart served as chief executive officer of Storetrax.com, an Internet retail real estate service, from 2001 until her retirement in 2011. 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 previously served as a director of Avatar Holdings Inc. (2001-2012) and General Growth Properties, Inc. (1993-2010). |
Katharine Kenny |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
William Tiefel |
-- |
Thomas Folliard |
7,405,850 |
Thomas Reedy |
2,686,260 |
William Nash |
2,578,280 |
William Wood |
2,772,680 |
Richard Smith |
864,800 |
Eric Margolin |
1,825,540 |
Ronald Blaylock |
-- |
Rakesh Gangwal |
-- |
Jeffrey Garten |
-- |
Shira Goodman |
-- |
W. Robert Grafton |
-- |
Edgar Grubb |
-- |
Mitchell Steenrod |
-- |
Thomas Stemberg |
-- |
Beth Stewart |
-- |
Katharine Kenny |
-- |
As Of 27 Feb 2013
Options Compensation
| Name | Options | Value |
|---|---|---|
William Tiefel |
0 | 0 |
Thomas Folliard |
780,000 | 12,721,340 |
Thomas Reedy |
70,000 | 1,243,400 |
William Nash |
30,800 | 332,467 |
William Wood |
70,800 | 1,293,310 |
Richard Smith |
44,340 | 896,288 |
Eric Margolin |
50,000 | 909,000 |
Ronald Blaylock |
0 | 0 |
Rakesh Gangwal |
0 | 0 |
Jeffrey Garten |
0 | 0 |
Shira Goodman |
0 | 0 |
W. Robert Grafton |
0 | 0 |
Edgar Grubb |
0 | 0 |
Mitchell Steenrod |
0 | 0 |
Thomas Stemberg |
0 | 0 |
Beth Stewart |
0 | 0 |
Katharine Kenny |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
STEWART BETH A |
4,998 | $46.67 |
NASH WILLIAM D |
10,000 | $19.82 |
NASH WILLIAM D |
10,000 | $0.00 |
NASH WILLIAM D |
4,000 | $0.00 |
NASH WILLIAM D |
4,000 | $13.19 |
MARGOLIN ERIC M |
20,000 | $11.43 |
MARGOLIN ERIC M |
20,000 | $45.10 |
WYATT NATALIE L |
3,915 | $25.39 |
WYATT NATALIE L |
3,915 | $0.00 |
WYATT NATALIE L |
2,233 | $0.00 |
WYATT NATALIE L |
1,603 | $0.00 |
WYATT NATALIE L |
2,233 | $11.43 |
REEDY THOMAS W JR |
20,800 | $24.99 |
REEDY THOMAS W JR |
18,500 | $43.07 |
REEDY THOMAS W JR |
9,500 | $13.19 |
REEDY THOMAS W JR |
10,000 | $24.99 |
REEDY THOMAS W JR |
16,738 | $42.31 |
REEDY THOMAS W JR |
20,500 | $13.19 |
REEDY THOMAS W JR |
16,940 | $42.31 |
BLAYLOCK RONALD E |
700 | $42.40 |
SMITH RICHARD MURRAY |
125,000 | $44.12 |
SMITH RICHARD MURRAY |
40,000 | $13.19 |
SMITH RICHARD MURRAY |
6,889 | $44.25 |
SMITH RICHARD MURRAY |
85,000 | $19.82 |
WYATT NATALIE L |
2,478 | $0.00 |

