CarMax 2013 Annual Report Download - page 77

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Mr. Folliard joined CarMax in 1993 as senior buyer and became director of purchasing in 1994. He was promoted
to vice president of merchandising in 1996, senior vice president of store operations in 2000 and executive vice
president of store operations in 2001. Mr. Folliard became president and chief executive officer and a director of
CarMax in 2006.
Mr. Nash joined CarMax in 1997 as auction manager. In 2007, he was promoted to vice president and later, senior
vice president of merchandising, a position he held until October 2011, when he was named senior vice president,
human resources and administrative services. In March 2012, he was promoted to executive vice president, human
resources and administrative services. Prior to joining CarMax, Mr. Nash worked at Circuit City.
Mr. Reedy joined CarMax in 2003 as its vice president and treasurer and, in January 2010, was promoted to senior
vice president, finance. In October 2010, Mr. Reedy was promoted to senior vice president and chief financial
officer. In March 2012, he was promoted to executive vice president and chief financial officer. Prior to joining
CarMax, Mr. Reedy was vice president, corporate development and treasurer of Gateway, Inc., a technology retail
company.
Mr. Wood joined CarMax in 1993 as a buyer-in-training. He has served as buyer, purchasing manager, district
manager, regional director and director of buyer development. He was promoted to vice president, merchandising in
1998, vice president of sales operations in 2007, senior vice president, sales in 2010, and senior vice president,
stores in 2011. In March 2012, he was promoted to executive vice president, stores. Prior to joining CarMax, Mr.
Wood worked at Circuit City from 1989 to 1993.
Mr. Margolin joined CarMax in 2007 as senior vice president, general counsel and corporate secretary. Prior to
joining CarMax, he was senior vice president, general counsel and corporate secretary with Advance Auto Parts,
Inc. and vice president, general counsel and corporate secretary with Tire Kingdom, Inc.
Mr. Smith was the first full-time associate of CarMax, having worked on the original CarMax concept while at
Circuit City in 1991. He has held various positions in technology and operations throughout his tenure with CarMax
and was promoted to vice president, management information systems, in 2005. He was promoted to senior vice
president and chief information officer in 2006.
The information concerning our directors required by this Item is incorporated by reference to the section titled
“Proposal One - Election of Directors” in our 2013 Proxy Statement.
The information concerning the audit committee of our board of directors and the audit committee financial expert
required by this Item is incorporated by reference to the information included in the sub-section titled “Corporate
Governance – Board Committees” in our 2013 Proxy Statement.
The information concerning compliance with Section 16(a) of the Securities Exchange Act of 1934 required by this
Item is incorporated by reference to the sub-section titled “CarMax Share Ownership - Section 16(a) Beneficial
Ownership Reporting Compliance” in our 2013 Proxy Statement.
The information concerning our code of ethics (“Code of Business Conduct”) for senior management required by
this Item is incorporated by reference to the sub-section titled “Corporate Governance – Overview” in our 2013
Proxy Statement.
Item 11. Executive Compensation.
The information required by this Item is incorporated by reference to the section titled “Compensation Tables”
appearing in our 2013 Proxy Statement. Additional information required by this Item is incorporated by reference to
the section titled “Director Compensation” in our 2013 Proxy Statement.
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder
Matters.
The information required by this Item is incorporated by reference to the section titled “CarMax Share Ownership”
and the sub-section titled “Equity Compensation Plan Information” in our 2013 Proxy Statement.
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