CarMax 2013 Annual Report Download - page 76

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Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.
None.
Item 9A. Controls and Procedures.
Evaluation of Disclosure Controls and Procedures
We maintain disclosure controls and procedures (“disclosure controls”) that are designed to ensure that information
required to be disclosed in our reports filed under the Securities Exchange Act of 1934 is recorded, processed,
summarized and reported within the time periods specified in the U.S. Securities and Exchange Commission’s rules
and forms. Disclosure controls are also designed to ensure that this information is accumulated and communicated
to management, including the chief executive officer (“CEO”) and the chief financial officer (“CFO”), as
appropriate, to allow timely decisions regarding required disclosure.
As of the end of the period covered by this report, we evaluated the effectiveness of the design and operation of our
disclosure controls. This evaluation was performed under the supervision and with the participation of management,
including the CEO and CFO. Based upon that evaluation, the CEO and CFO concluded that our disclosure controls
were effective as of the end of the period.
Changes in Internal Control over Financial Reporting
There was no change in our internal control over financial reporting that occurred during the quarter ended
February 28, 2013, that has materially affected, or is reasonably likely to materially affect, our internal control over
financial reporting.
Management's Report on Internal Control over Financial Reporting
Management's annual report on internal control over financial reporting is included in Item 8, Consolidated
Financial Statements and Supplementary Data, of this Form 10-K and is incorporated herein by reference.
Item 9B. Other Information.
None.
Part III
With the exception of the information incorporated by reference from our 2013 Proxy Statement in Items 10, 11, 12,
13 and 14 of Part III of this Annual Report on Form 10-K, our 2013 Proxy Statement is not to be deemed filed as a
part of this Form 10-K.
Item 10. Directors, Executive Officers and Corporate Governance.
The following table identifies our executive officers as of February 28, 2013. We are not aware of any family
relationships among any of our executive officers or between any of our executive officers and any directors. All
executive officers are elected annually and serve for one year or until their successors are elected and qualify. The
next election of officers will occur in June 2013.
Name Age Office
Thomas J. Folliar
d
................................................... 48 President, Chief Executive Officer and Director
William D. Nash ...................................................... 44 Executive Vice President, Human Resources and
Administrative Services
Thomas W. Reedy ................................................... 48 Executive Vice President and Chief Financial Officer
William C. Wood, Jr. ............................................... 46 Executive Vice President, Stores
Eric M. Margolin ..................................................... 59 Senior Vice President, General Counsel and Corporate
Secretary
Richard M. Smith .................................................... 55 Senior Vice President and Chief Information Officer
72