CarMax Announces New Chief Human Resources Officer

Diane Long Cafritz, Chief Human Resources Officer and Senior Vice President, CarMax, Inc. (Photo: Business Wire)

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RICHMOND, Va.--()--CarMax, Inc. (NYSE: KMX), the nation’s largest retailer of used cars, today announced the promotion of Diane Long Cafritz to the newly created position of chief human resources officer and senior vice president.

Cafritz, 46, will lead all human resources and loss prevention areas with the primary responsibility of leading CarMax’s strategy to attract, develop and retain talent to support the company’s business and its future growth.

“Our associates are our most important asset and strongest differentiator,” said Bill Nash, CarMax president and chief executive officer. “Diane’s extensive leadership experience will be a tremendous asset in ensuring we continue to elevate our exceptional culture and move our people forward.”

Cafritz joined CarMax in 2003 as assistant general counsel, managing commercial and consumer litigation and has provided significant leadership within the company’s field operational leadership team. She was promoted to vice president in 2014. Prior to joining CarMax, she was employed by McDermott, Will & Emery in Washington, D.C. in the litigation department.

She earned her B.A. in Economics and International Relations at Tufts University, and received her J.D. from the University of Virginia.

About CarMax

CarMax is the nation’s largest retailer of used cars and operates more than 170 stores in 39 states nationwide. CarMax revolutionized the auto industry by delivering the honest, transparent and high-integrity car buying experience customers want and deserve. For more than 20 years, CarMax has made car buying more ethical, fair and stress-free by offering a no-haggle, no-hassle experience and an incredible selection of vehicles. CarMax makes selling your car easy too, by offering no-obligation appraisals good for seven days. At CarMax, we’ll buy your car even if you don’t buy ours®. CarMax has more than 24,000 associates nationwide. During the 12 months ending February 28, 2017, the company retailed 671,294 used cars and sold 391,686 wholesale vehicles at its in-store auctions. For more information, access the CarMax website at www.carmax.com.

Contacts

Media Contacts
pr@carmax.com, (855) 887-2915
or
Investor Contacts
Katharine Kenny, Vice President, Investor Relations, (804) 935-4591
Celeste Gunter, Manager, Investor Relations, (804) 935-4597

Contacts

Media Contacts
pr@carmax.com, (855) 887-2915
or
Investor Contacts
Katharine Kenny, Vice President, Investor Relations, (804) 935-4591
Celeste Gunter, Manager, Investor Relations, (804) 935-4597