CarMax announces leadership changes days after cutting hundreds of jobs

RICHMOND, Va. — Days after eliminating approximately 350 Customer Experience Center jobs nationwide, CarMax has announced leadership changes.

Effective Dec. 1, 2025, current Chief Executive Officer Bill Nash is stepping down from his position and as a member of the board of directors. The news comes just over a month since CarMax announced a decrease in sales as part of its Second Quarter Fiscal Year 2026 Results.

David McCreight, a current member of the board of directors, will serve as interim president and CEO…

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