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Consumer & Retail

CarMax Executive Compensation (FY26)

KMX · Executive and director compensation, fiscal 2022 to 2026
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
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Data as of November 3, 2026Latest filing (8-K): June 24, 2026
16 filings cited on this page
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410 figures on this page: 399 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
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 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Nash
President and Chief Executive Officer
◇—◇◇◇—◇◇
James Lyski
EVP and Chief Marketing Officer
◇—◇◇◇—◇◇
Shamim Mohammad
EVP and Chief Information and Technology Officer
◇—◇◇◇—◇◇
Enrique Mayor-Mora
EVP and Chief Financial Officer
◇—◇◇◇—◇◇
Diane Cafritz
EVP, General Counsel, Chief Compliance Officer and Chief Human Resources Officer
◇—◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Nash
President and Chief Executive Officer
◇—◇◇◇—◇◇
James Lyski
EVP and Chief Marketing Officer
◇—◇◇◇—◇◇
Enrique Mayor-Mora
EVP and Chief Financial Officer
◇—◇◇◇—◇◇
Shamim Mohammad
EVP and Chief Information and Technology Officer
◇—◇◇◇—◇◇
Diane Cafritz
EVP, General Counsel, Chief Compliance Officer and Chief Human Resources Officer
◇—◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
William Nash
President and Chief Executive Officer
◇—◇◇◇◇◇◇
James Lyski
EVP and Chief Innovation and Strategy 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 WilsonPSU◇◇◇—◇—◇
Charles Joseph WilsonOPTION◇——◇—◇◇
David W. McCreightRSU◇——◇——◇
Diane L. CafritzPSU◇◇◇—◇—◇
Diane L. CafritzPSU◇—◇—◇—◇
Diane L. CafritzPSU◇◇◇—◇—◇
Diane L. CafritzOPTION◇——◇—◇◇
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. NashOPTION◇——◇—◇◇
William D. NashPSU◇◇◇—◇—◇
Fiscal 2023, 2024, 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
McCreightRSU◇◇——
NashRSU◇◇——
RSU◇◇——
RSU◇◇——
WilsonOption◇—◇5/1/2032
Option◇—◇5/1/2031
Option◇—◇5/1/2030
RSU◇◇——
RSU◇◇——
Option◇—◇5/2/2029
RSU◇◇——
Option◇—◇12/28/2029
Mayor-MoraOption◇—◇5/1/2032
Option◇—◇5/1/2031
Option◇—◇5/1/2030
RSU◇◇——
RSU◇◇——
Option◇—◇5/2/2029
RSU◇◇——
MohammadOption◇—◇5/1/2032
Option◇—◇5/1/2031
Option◇—◇5/1/2030
RSU◇◇——
RSU◇◇——
Option◇—◇5/2/2029
RSU◇◇——
CafritzOption◇—◇5/1/2032
Option◇—◇5/1/2031
Option◇—◇5/1/2030
RSU◇◇——
RSU◇◇——
Option◇—◇5/2/2029
Option◇—◇6/30/2032
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
David McCreight
Interim President and Chief Executive Officer · Severance agreement
Severance multiple◇
Severance base◇
Change-in-control multiple◇
Change-in-control base◇
Non-compete period◇
Non-solicit period◇
Diane Cafritz
EVP and Chief Innovation and People Officer · Severance agreement
Severance multiple◇
Severance base◇
Change-in-control base◇
Non-compete period◇
Non-solicit period◇
Enrique Mayor-Mora
EVP and Chief Financial Officer · Severance agreement
Severance multiple◇
Severance base◇
Non-compete period◇
Non-solicit period◇
Shamim Mohammad
EVP and Chief Information and Technology Officer · Severance agreement
Severance multiple◇
Severance base◇
Non-compete period◇
Non-solicit period◇

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
◇————◇◇
Robert T. O'Shaughnessy, William C. Cobb, William D. Nash, David W. McCreight, James Kessler and Keith Barr 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.
Earlier years 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.

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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Sample answer — “What is the CEO’s total compensation?”
- William Nash (Former President and Chief Executive Officer), FY2026 total compensation $14,245,563 (base salary $927,216) [exec_comp, SEC accession 0001170010-26-000045, filed 2026-05-12]

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What this page does not include

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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.
410 figures on this page: 399 cited to the filing that reported them, 11 calculated from figures it prints.
399 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
  8. 0001170010-23-000068
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001170010-23-000056
    Summary Compensation Table
  10. 0001170010-22-000067
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001170010-21-000130
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001170010-20-000094
  13. 0001170010-19-000094
  14. 0001170010-18-000121
    Item 5.07 Submission of Matters to a Vote of Security Holders
  15. 0001170010-17-000093
    Item 5.07 Submission of Matters to a Vote of Security Holders
  16. 0001170010-16-000147
    Item 5.07 Submission of Matters to a Vote of Security Holders
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Velarion, “CarMax executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/KMX (accessed 2026).
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16 filings cited on this page
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Consumer & Retail rankings

Chief executive pay — Consumer & RetailCEO pay ratio — Consumer & RetailSay-on-pay support — Consumer & Retail

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

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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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