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CarMax CEO Bill Nash To Step Down, Effective Dec. 1, David McCreight Named Interim President, CEO, Tom Folliard Appointed Interim Executive Chair

Author: Benzinga Newsdesk | November 06, 2025 06:53am

CarMax, Inc. (NYSE: KMX) ("CarMax" or the "Company") today announced leadership changes to strengthen its business. David McCreight, a member of the Board of Directors (the "Board"), and proven retail business leader and brand strategist, has been named Interim President and Chief Executive Officer. Concurrently with Mr. McCreight's appointment, current Chair of the Board, Tom Folliard, an executive with a 30-year history with CarMax, including as Chief Executive Officer from 2006 to 2016, has been appointed Interim Executive Chair of the Board. Current Chief Executive Officer, Bill Nash, is stepping down from his position and as a member of the Board. The changes are effective as of December 1, 2025.

 

Posted In: KMX

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