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CarMax Executive Compensation (FY26)

KMX · Executive and director compensation, fiscal 2024 to 2026

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Data as of September 7, 2026Latest filing (8-K): June 24, 2026
14 filings cited on this page
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
CarMax brief$1,500Get the executive brief
325 figures on this page: 314 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
Chief executive, fiscal 2026
◇
David McCreight
Median of the other named officers
$3,223,432
5 officers, excluding the chief executive
Latest say-on-pay support
=
June 23, 2026
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive of record: William Nash → David McCreight
Say-on-pay support: 87.8% → 95.0% (7.2 points higher)
CEO pay ratio: 305:1 → 318:1 (4.3% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is CarMax's chief executive and what were they paid?
David McCreight, Interim President and Chief Executive Officer, received $4,208,674 in total compensation for fiscal 2026.
What was CarMax's say-on-pay result?
The say-on-pay proposal drew 95.0% of votes cast for or against in favor at the meeting held June 23, 2026 for fiscal 2026.
What is CarMax's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2026 is 318:1, against median employee compensation of $58,023.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Nash
Former President and Chief Executive Officer
◇—◇◇◇◇◇◇
Enrique Mayor-Mora
EVP and Chief Financial Officer
◇—◇◇◇—◇◇
Charles Joseph Wilson
EVP and Chief Operating Officer
◇—◇◇◇◇◇◇
Shamim Mohammad
EVP and Chief Information and Technology Officer
◇—◇◇◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Nash
Former President and Chief Executive Officer
◇—◇◇◇◇◇◇
Enrique Mayor-Mora
EVP and Chief Financial Officer
◇—◇◇◇—◇◇
Charles Joseph Wilson
EVP and Chief Operating Officer
◇—◇◇◇◇◇◇
Shamim Mohammad
EVP and Chief Information and Technology Officer
◇—◇◇◇—◇◇
Fiscal 2026
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Nash
Former President and Chief Executive Officer
Departed during or after this year
◇—◇◇◇◇◇◇
David McCreight
Interim President and Chief Executive Officer
Served on an interim basis
◇—◇———◇◇
Enrique Mayor-Mora
EVP and Chief Financial Officer
◇—◇◇◇—◇◇
Charles Joseph Wilson
EVP and Chief Operating Officer
◇—◇◇◇◇◇◇
Diane Cafritz
EVP and Chief Innovation and People Officer
◇—◇◇◇◇◇◇
Shamim Mohammad
EVP and Chief Information and Technology Officer
◇—◇◇◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2026
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Charles Joseph WilsonPSU◇◇◇—◇—◇
Charles Joseph WilsonOPTION◇——◇—◇◇
Charles Joseph WilsonPSU◇◇◇—◇—◇
David W. McCreightRSU◇——◇——◇
Diane L. CafritzPSU◇◇◇—◇—◇
Diane L. CafritzOPTION◇——◇—◇◇
Diane L. CafritzPSU◇—◇—◇—◇
Diane L. CafritzPSU◇◇◇—◇—◇
Diane L. CafritzOPTION◇——◇—◇◇
Enrique N. Mayor-MoraPSU◇◇◇—◇—◇
Enrique N. Mayor-MoraPSU◇◇◇—◇—◇
Enrique N. Mayor-MoraOPTION◇——◇—◇◇
Shamim MohammadPSU◇◇◇—◇—◇
Shamim MohammadPSU◇◇◇—◇—◇
Shamim MohammadOPTION◇——◇—◇◇
William D. NashPSU◇◇◇—◇—◇
William D. NashPSU◇◇◇—◇—◇
William D. NashOPTION◇——◇—◇◇
Fiscal 2025 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2026 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
MohammadRSU◇◇——
Option◇—◇5/1/2031
RSU◇◇——
Option◇—◇5/2/2029
Option◇—◇5/1/2032
RSU◇◇——
Option◇—◇5/1/2030
CafritzOption◇—◇5/1/2032
Option◇—◇5/1/2031
RSU◇◇——
Option◇—◇5/2/2029
RSU◇◇——
RSU◇◇——
Option◇—◇5/1/2030
Option◇—◇6/30/2032
RSU◇◇——
WilsonOption◇—◇5/1/2030
RSU◇◇——
Option◇—◇5/2/2029
RSU◇◇——
Option◇—◇12/28/2029
RSU◇◇——
Option◇—◇5/1/2031
Option◇—◇5/1/2032
Mayor-MoraOption◇—◇5/1/2031
RSU◇◇——
Option◇—◇5/1/2032
RSU◇◇——
Option◇—◇5/1/2030
Option◇—◇5/2/2029
RSU◇◇——
McCreightRSU◇◇——
NashRSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2026
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Thomas J. Folliard
Board chair
◇◇———◇◇
Mitchell D. Steenrod
Lead independent director
◇◇———◇◇
Peter J. Bensen
◇◇———◇◇
Sona Chawla
◇◇————◇
Shira D. Goodman
◇◇————◇
Mark F. O'Neil
◇◇————◇
Pietro Satriano
◇◇————◇
Marcella Shinder
◇◇————◇
Ronald E. Blaylock
◇————◇◇
William D. Nash, Robert T. O'Shaughnessy, David W. McCreight, James Kessler, Keith Barr and William C. Cobb served on the board in fiscal 2026 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee member◇
Compensation committee chair◇
Committee meeting fee◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2026
  • Performance- PFGC

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2026June 23, 2026=◇◇◇
2025June 24, 2025=◇◇◇
2024June 25, 2024=◇◇◇
2023June 27, 2023=◇◇◇
2022June 28, 2022=◇◇◇
2021June 29, 2021=◇◇◇
2020June 23, 2020=◇◇◇
2019June 25, 2019=◇◇◇
2018June 26, 2018=◇◇◇
2017June 26, 2017=◇◇◇
2016June 28, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact CarMax disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where CarMax sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
325 figures on this page: 314 cited to the filing that reported them, 11 calculated from figures it prints.
314 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001170010-26-000057
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001170010-26-000045
    CEO Pay Ratio · Director Compensation Program · Grants of Plan-Based Awards Table · Non-Employee Director Compensation in Fiscal 2026 · and 3 more sections
  3. 0001170010-25-000086
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001170010-25-000073
    Summary Compensation Table for Fiscal 2025
  5. 0001170010-24-000088
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001170010-24-000081
    Summary Compensation Table for Fiscal 2024
  7. 0001170010-23-000068
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001170010-22-000067
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001170010-21-000130
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001170010-20-000094
  11. 0001170010-19-000094
  12. 0001170010-18-000121
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001170010-17-000093
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0001170010-16-000147
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “CarMax executive compensation, FY2024–FY2026.” https://intel.velarion.ai/comp/KMX (accessed 2026).
Short form: data: Velarion

The CarMax brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
14 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Peers CarMax discloses

The companies named in KMX's own disclosed peer group.

Performance-

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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