William D. Nash is the President and CEO of CarMax, Inc., a position he has held since September 2016. He started his journey with CarMax in 1997 as an auction manager and rose through the ranks, gaining experience in merchandising...

Current Market Cap

$11.75B

Number of Employees

29.84K

Total Compensation

2019 - 2023

Trending down by -50.47% last year
Showing total compensation for the last 2019 - 2023

Stock

Down by -100.00% last year

Salary

Up by 0.04% last year

Bonus

Up by 36.35% last year

Other

Down by -100.00% last year

Year

2023

Total Compensation

$2.66M

Salary

$1.23M

Board Justification

The compensation philosophy emphasizes aligning executive pay with performance, ensuring a significant portion of compensation is performance-based to drive long-term shareholder value.

Bonus

$1.43M

Board Justification

The annual incentive bonus is calculated based on performance against established goals, with a performance adjustment factor of 66.4% applied for fiscal 2024.

Other

$0.00

Board Justification

No additional compensation reported for 2023 outside of salary and bonus.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants vested in 2023 as the focus is on long-term equity awards which are not included in the total compensation calculation for this year.

Performance Metrics

Performance metrics for the annual incentive bonus included financial performance, market share growth, operational execution, and achievement of environmental and social objectives.

SEC Filing

From May 9, 2024