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Home » CarMax, eyeing improved profitability, finance penetration, replaces CEO 

CarMax, eyeing improved profitability, finance penetration, replaces CEO 

Bill Nash is stepping down, David McCreight named interim CEO 

Amanda HarrisbyAmanda Harris
November 6, 2025
in Risk Management
Reading Time: 4 mins read
0
Customers shop for used vehicles at a CarMax dealership in Louisville, Kentucky, U.S., on Thursday, June 24, 2021. CarMax Inc, jumps 5.8% in premarket trading after it reported revenue for the first quarter that beat the average analyst estimate.

CarMax is searching for a new chief executive on the heels of decreased sales, wholesale business depreciation and a focus on reducing expenses and improving finance penetration.   Board member David McCreight was named interim president and CEO to succeed Bill Nash, who will step down as CEO and as a member of the company’s […]

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