Used car dealer CarMax, Inc. (NYSE: KMX) appointed Keith Barr as president and chief executive officer, effective March 16, 2026. Barr has also been named as a member of the company’s board of directors. David McCreight, who has been serving as interim president and CEO, will transition to his prior duties as an independent director.
Most recently, Barr served as chief executive officer of InterContinental Hotels Group (NYSE: IHG), where he led the development of an innovative digital reservation system that enhanced the booking experience and empowered guests to personalize their stays. Currently, Barr also serves on the board of directors at MGM Resorts.
“The Board and I are thrilled to welcome Keith to CarMax. His decades of leadership experience and proven ability to enhance the customer experience, lead digital transformations, build brand loyalty, and effectively integrate online and physical properties make Keith the right choice to lead CarMax through a critical juncture and drive the company’s next chapter of growth,” said Tom Folliard, interim executive chair of CarMax’s board.
Folliard will remain in his role as interim executive chair of the board until the company’s annual meeting to be held in June 2026, after which he is expected to resume his prior duties as non-executive chair.