During his time at CarMax, Thomas J. Folliard's stock holdings showed significant fluctuations. His holdings peaked with values surpassing $33 million in 2021, reflecting strong confidence in CarMax's trajectory. However, he also managed substantial declines, with values dropping to around...
During his time at CarMax, Thomas J. Folliard's stock holdings showed significant fluctuations. His holdings peaked with values surpassing $33 million in 2021, reflecting strong confidence in CarMax's trajectory. However, he also managed substantial declines, with values dropping to around $15 million by late 2021. This volatility captured the dynamic nature of the retail automotive market and Folliard’s deep stake in the company's success. When he started as the CEO, the holdings were considerably lower, showing how his role was intertwined with stock performance. Over the years, his wealth in holdings fluctuated dramatically, indicating not just personal investment but also the faith he had in the growth of CarMax.