CarMax, Inc. (NYSE: KMX) ("CarMax" or the "Company"), the nation’s largest retailer of used cars, today announced that it intends to add William "Bill" Cobb and Jim Kessler as new directors to the ...
The move comes after Starboard urged the used-car retailer’s new chief executive officer, Keith Barr, to revamp its pricing framework, streamline its digital processes, and cut costs.
April 9 (Reuters) - CarMax said on Thursday it would add Bill Cobb and Jim Kessler to its board in connection with its 2026 ...
After acquiring a $350M stake in the auto dealership, Starboard Value urged the company to take disciplined measures to ...
There are execution risks and rough roads to navigate in the used-car market, but CarMax is charting a new path for itself, ...
Prosecutors say the used-car retail giant repeatedly delayed ownership paperwork, leaving thousands of buyers without legal ...
“Congratulations to CarMax associates for this recognition, which reflects the culture you’ve built and strengthened over time,” said Craig Cronheim, CarMax’s Chief Human Resources Officer. “I’m ...