People: Carmax Inc (KMX)
26 Sep 2016
Mr. Thomas J. Folliard, IV has been appointed as Non-Executive Chairman of the Board of the Company, effective August 31, 2016. He is no longer Chief Executive Officer effective August 31, 2016. Mr. Folliard is the Chief Executive Officer of CarMax and was the President and Chief Executive Officer of CarMax from 2006 until February 2016. 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.
|Total Annual Compensation, USD||2,534,300|
|Restricted Stock Awards, USD||1,749,980|
|Long-Term Incentive Plans, USD||--|
|All Other, USD||5,737,800|
|Fiscal Year Total, USD||10,022,100|