People: Carmax Inc (KMX)

KMX on New York Consolidated

44.44USD
17 Apr 2014
Price Change (% chg)

$0.63 (+1.44%)
Prev Close
$43.81
Open
$43.76
Day's High
$44.66
Day's Low
$43.76
Volume
1,555,434
Avg. Vol
1,807,418
52-wk High
$53.08
52-wk Low
$40.52

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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

2003 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.

Katharine Kenny

Basic Compensation

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

Katharine Kenny

0 0
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