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Leadership changes · KMX · SEC Form 8-K, Item 5.02

Leadership changes at Carmax Inc (2026)

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Who joined and who left Carmax Inc (KMX)? 1 appointment and 1 departure reported from 2026-05-12 to 2026-10-19, each cited to the company's own filing.

Darren W. Woodell was named Chief Accounting Officer of Carmax Inc, effective November 11, 2026. As of November 6, 2026, Carmax Inc has reported 4 leadership change filings to the SEC under Item 5.02 of Form 8-K, from May 12, 2026 to October 19, 2026, naming 1 appointment and 1 departure (Form 8-K, October 19, 2026).

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Key facts

  • · In / out: In · Person: Darren W. Woodell · Role: Chief Accounting Officer · Effective: 2026-11-11 · 8-K, 2026-10-19
  • · In / out: Reported · Person: not named in the filing · 8-K, 2026-07-31
  • · In / out: Out · Person: Jill Livesay · Role: Vice President, Controller and Principal Accounting Officer · Effective: 2026-07-31 · 8-K, 2026-06-08
  • · In / out: Reported · Person: not named in the filing · 8-K, 2026-05-12
Changes4
In (appointed)1
Out (departing)1
Latest filing2026-10-19

Carmax Inc reported changes in 4 filings among its directors and officers to the SEC on Form 8-K, Item 5.02, from 2026-05-12 to 2026-10-19. They name 2 people, with 1 appointment and 1 departure. Every row below is cited to the filing it comes from, and this page adds each new change as Carmax Inc files it.

Also on the record for Carmax Inc

DateRecordFigureOur pageSource
August 12, 2026Stake report, Schedule 13G/A, by AQR Capital Management, LLC4.67% of the class5%+ stakesSource
May 14, 2026Stake report, Schedule 13G/A, by AQR Capital Management, LLC7.1% of the class5%+ stakesSource
April 29, 2026Stake report, Schedule 13G, by Vanguard Capital Management5.26% of the class5%+ stakesSource
April 29, 2026Stake report, Schedule 13G, by Vanguard Portfolio Management5.18% of the class5%+ stakesSource
March 26, 2026Stake report, Schedule 13G/A, by The Vanguard Group—5%+ stakesSource
February 13, 2026Stake report, Schedule 13G, by AQR Capital Management, LLC5.59% of the class5%+ stakesSource
November 6, 2025Stake report, Schedule 13G/A, by BlackRock, Inc.11.4% of the class5%+ stakesSource
July 16, 2025Stake report, Schedule 13G/A, by BlackRock, Inc.6.5% of the class5%+ stakesSource

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Timeline

FiledIn / outPersonRoleEffectiveSource
2026-10-19InChief Accounting Officer2026-11-118-K, 2026-10-19
2026-07-31Reportednot named in the filing8-K, 2026-07-31
2026-06-08OutVice President, Controller and Principal Accounting Officer2026-07-318-K, 2026-06-08
2026-05-12Reportednot named in the filing8-K, 2026-05-12

Who leads Carmax Inc, as last reported?

For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.

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Every change, in the filing's words

Filed 2026-10-19 · 8-K

Appointed: Darren W. Woodell, Chief Accounting Officer, effective 2026-11-11

On October 19, 2026, CarMax, Inc. (the "Company") appointed Darren W. Woodell as Vice President, Controller and Chief Accounting Officer, and principal accounting officer of the Company, effective November 11, 2026.

Also stated in this filing

  • Mr. Woodell will assume the responsibilities of principal accounting officer from Enrique N. Mayor-Mora, who will continue in his role as the Company's Executive Vice President and Chief Financial Officer.
  • Mr. Woodell, 50, has been Vice President and Controller (Principal Accounting Officer) of Genworth Financial, Inc. ("Genworth"), since February 2024.
  • Prior to that, he served in various positions at Genworth since 2010, including Assistant Controller from April 2022 to December 2023 and Director of Financial Reporting from January 2017 to March 2022.
  • Prior to joining Genworth, Mr. Woodell worked at Lumber Liquidators, Inc. as Assistant Controller and in Ernst & Young, LLC's assurance practice.
  • Mr. Woodell is a licensed Certified Public Accountant in Virginia and Florida.
Filed 2026-07-31 · 8-K

Reported

On July 31, 2026, CarMax, Inc. (the "Company") announced that Diane Cafritz, the Company's Executive Vice President and Chief Innovation and People Officer, will be leaving the Company effective December 31, 2026.

Also stated in this filing

  • Under Section 7.3 of the Severance Agreement, Ms. Cafritz is eligible to receive an amount equal to the product of one-and-a-half (1.5) and the sum of (x) her annual base salary and (y) the target annual bonus amount.
  • In connection with Ms. Cafritz's departure, the Company and Ms. Cafritz entered into an amendment to the Severance Agreement (the "Amendment"), pursuant to which Section 7.3 of the Severance Agreement has been modified to remove subpart (y) from the foregoing calculation.
  • In its place, Ms. Cafritz will be eligible to receive her full-year actual fiscal year 2027 annual bonus as determined in accordance with the Company's Annual Performance-Based Bonus Plan.
  • In connection with Ms. Cafritz's departure, the Company and Ms. Cafritz entered into a consulting agreement (the "Consulting Agreement"), pursuant to which Ms. Cafritz will provide consulting services to the Company.
  • Among other things, the Consulting Agreement extends by an additional six months the terms of the non-solicitation and non-competition covenants in the Severance Agreement, which will expire two and a half years from the effective date of her departure.
  • In consideration of Ms. Cafritz's consulting services during the six-month consulting period, the Company will pay Ms. Cafritz an amount equal to half of her current annual base salary, which amount in the aggregate will total $360,500.
Filed 2026-06-08 · 8-K

Departing: Jill Livesay, Vice President, Controller and Principal Accounting Officer, effective 2026-07-31

On June 3, 2026, Jill Livesay, the Vice President, Controller and Principal Accounting Officer of CarMax, Inc. (the "Company"), notified the Company of her plan to retire from the Company effective as of the close of business on July 31, 2026.

Also stated in this filing

  • Ms. Livesay's decision to retire is not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices, including any matter relating to the Company's accounting principles, financial statements, or internal controls.
  • In connection with Ms. Livesay's notice of retirement, the Company appointed Enrique N. Mayor-Mora, currently serving as the Company's Executive Vice President and Chief Financial Officer, as the Company's principal accounting officer ("PAO"), effective upon Ms. Livesay's retirement.
  • Mr. Mayor-Mora, age 57, has been with the Company for 15 years.
  • Mr. Mayor-Mora joined the Company in 2011 as Vice President, Finance before assuming the role of Vice President and Treasurer in 2016.
  • Mr. Mayor-Mora was promoted to Senior Vice President and Chief Financial Officer in 2019, and in 2022, he was promoted to Executive Vice President and Chief Financial Officer.
  • Prior to joining the Company, he served as Vice President of Financial Planning and Analysis and Investor Relations at Denny's Corporation from 2005 to 2011.
  • He also served in financial positions of increasing responsibility at Gap, Inc. from 2001 to 2005.
  • Mr. Mayor-Mora will not receive any adjustment to his compensation or any additional compensation in connection with performing the functions of the Company's PAO.
Filed 2026-05-12 · 8-K

Reported

Additionally, the Company announced the planned retirements of Shira Goodman and Mitchell Steenrod, each of whom will not stand for re-election at the Annual Meeting.

Also stated in this filing

  • On May 12, 2026, CarMax, Inc. (the "Company") announced that it intends to add Robert T. O'Shaughnessy to the Company's Board of Directors (the "Board"), subject to shareholder approval at the Company's 2026 Annual Meeting of Shareholders (the "Annual Meeting").
  • Mr. O'Shaughnessy, age 60, brings extensive financial, operational, and leadership experience in industries where understanding shifting market and customer dynamics is crucial to success, including direct auto industry expertise.
  • He retired from his position as Executive Vice President of PulteGroup, Inc., one of the largest homebuilders in the U.S., in March 2026, after serving as Executive Vice President and Chief Financial Officer from May 2011 until February 2025.
  • Previously, Mr. O'Shaughnessy served as Executive Vice President and Chief Financial Officer of Penske Automotive Group from 2007 to 2011.
  • He held a number of financial roles with increasing responsibility at Penske, including Senior Vice President and Controller, from 1997 to 2007.
  • Mr. O'Shaughnessy began his career in the New York office of Ernst & Young.
  • The Board has determined that Mr. O'Shaughnessy qualifies as an independent director under New York Stock Exchange listing standards.

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Where this comes from

A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.

Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.

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Cite this page

Permanent URL: https://mentionfox.com/executive-changes/carmax
Last updated 2026-11-06
Primary record: SEC filing 1 · SEC filing 2 · SEC filing 3 · SEC filing 4
Who joined and who left Carmax Inc? (2026). MentionFox, 2026-11-06. https://mentionfox.com/executive-changes/carmax