CarMax is a retail company focusing on new and used car sales, vehicle research, and car comparisons. Founded in 1993, the company operates through a user-friendly online platform, carmax.com, which offers customers an extensive range of vehicle models to sort through and choose from. CarMax is currently led by CEO William D. Nash and is headquartered in Richmond, Virginia.
The company boasts a diverse workforce, with 33.6% female employees and 42.5% ethnic minorities. CarMax is also known for its strong employee retention, with staff members staying with the company for an average of 4.3 years. The median employee salary at CarMax is competitive within its industry and relative to its location, and it averages to\$39,445 per year. With 27,001 employees and an annual revenue of $31.9 billion, CarMax has established itself as an industry leader in the retail automotive sector.