July 3, 2022
CarMax Headquarters

CarMax Board of Directors Compensation and Salary

CarMax is a America’s largest used-car retailer and a Fortune 500 company, headquartered in Richmond, Virginia, United States. The company is listed on the NYSE with ticker name KMX.  William D. Nash is heading the company as the chief executive officer since 1 Sep 2016. The company is engaged in the business of New and used car retailer. They have more than c. 25,000 employees in 2018.

So, let’s see information on CarMax Board of Directors Compensation and Salary. 

CarMax Headquarters
CarMax Headquarters

CarMax Board of Directors Compensation and Salary 2019

Peter J. Bensen – Retired Chief Administrative Officer, McDonald’s Corporation

This board member is the Retired Chief Administrative Officer, McDonald’s Corporation. This board member was paid total compensation US$278,754, including base salary (cash fees paid) US$93,083, stock awards US$174,996 and all other compensation US$10,675.

Ronald E. Blaylock – Founder and Managing Partner, GenNx360 Capital Partners

This board member is the Founder and Managing Partner, GenNx360 Capital Partners. This board member was paid total compensation US$282,645, including base salary (cash fees paid) US$107,500, stock awards US$174,996 and all other compensation US$149.

Sona Chawla – Retired President, Kohl’s Corporation

This board member is the Retired President, Kohl’s Corporation. This board member was paid total compensation US$271,008, including base salary (cash fees paid) US$95,250, stock awards US$174,996 and all other compensation US$762.

Alan B. Colberg – President/CEO, Assurant Inc

This board member is the President/CEO, Assurant Inc. This board member was paid total compensation US$179,963, including base salary (cash fees paid) US$24,000, stock awards US$155,477 and all other compensation US$486.

Thomas J. Folliard – Retired President and Chief Executive Officer of CarMax, Inc.

This board member is the Retired President and Chief Executive Officer of CarMax, Inc. This board member was paid total compensation US$372,481, including base salary (cash fees paid) US$185,000, stock awards US$174,996 and all other compensation US$12,485.

Jeffrey E. Garten – Dean Emeritus at the Yale School of Management

This board member is the Dean Emeritus at the Yale School of Management. This board member was paid total compensation US$192,810, including base salary (cash fees paid) US$ 27,333, stock awards US$155,477 and all other compensation US$10,000.

Shira D. Goodman – Retired Chief Executive Officer, Staples, Inc.

This board member is the Retired Chief Executive Officer, Staples, Inc. This board member was paid total compensation US$285,496, including base salary (cash fees paid) US$103,000, stock awards US$174,996 and all other compensation US$7,500.

W. Robert Grafton

This board member was paid total compensation US$184,866, including base salary (cash fees paid) US$28,083, stock awards US$155,477 and all other compensation US$1,306.

Edgar H. Grubb

This board member was paid total compensation US$185,998, including base salary (cash fees paid) US$27,333, stock awards US$155,477 and all other compensation US$3,188.

Robert J. Hombach – Retired EVP, Chief Financial Officer and Chief Operating Officer, Baxalta

This board member is the Retired EVP, Chief Financial Officer and Chief Operating Officer, Baxalta. This board member was paid total compensation US$279,519, including base salary (cash fees paid) US$93,833, stock awards US$174,996 and all other compensation US$10,690.

David W. McCreight – Retired President, Urban Outfitters, Inc.

This board member is the Retired President, Urban Outfitters, Inc. This board member was paid total compensation US$207,033, including base salary (cash fees paid) US$75,750, stock awards US$131,283 and all other compensation US$0.

Pietro Satriano – Chief Executive Officer, US Foods Holding Corp.

This board member is the Chief Executive Officer, US Foods Holding Corp. This board member was paid total compensation US$125,887, including base salary (cash fees paid) US$38,416, stock awards US$87,471 and all other compensation US$0.

Marcella Shinder – Global Head of Partnerships, WeWork Companies, Inc.

This board member is the Global Head of Partnerships, WeWork Companies, Inc. This board member was paid total compensation US$269,735, including base salary (cash fees paid) US$94,500, stock awards US$174,996 and all other compensation US$239.

Mitchell D. Steenrod – Lead Independent Director, CarMax, Inc.

This board member is the Lead Independent Director, CarMax, Inc. This board member was paid total compensation US$316,996, including base salary (cash fees paid) US$132,000, stock awards US$174,996 and all other compensation US$10,000.

William R. Tiefel

This board member was paid total compensation US$384,257, including base salary (cash fees paid) US$191,000, stock awards US$174,996 and all other compensation US$18,261.