“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.