Used Car Retailer Recognized for Commitment to Equality Third
Consecutive Year
RICHMOND, Va., Oct 01, 2010 (BUSINESS WIRE) --
CarMax, Inc. (NYSE: KMX), the nation's largest retailer of used
cars, has achieved a perfect score on the Human Rights Campaign
(HRC) Foundation's annual Corporate Equality Index (CEI). The CEI
measures workplace equality for the lesbian, gay, bisexual and
transgender (LGBT) community. As part of this recognition, CarMax
is also listed as an HRC "Best Place to Work for LGBT Equality" and in
their annual "Buying for Equality" resource guide.
"We are proud to be included among CEI's top workplaces that recognize
equality for all associates," said Tom Folliard, president and chief
executive officer of CarMax. "At CarMax, we believe that each associate
brings unique and valuable talents to the company. We have a commitment
to honor diversity by recruiting, educating, recognizing, and providing
opportunities for all of our associates."
CarMax has a nondiscrimination policy in place for recruiting, hiring,
training and promoting associates that includes sexual orientation and
gender identity. Beginning in 2005, CarMax began offering health
insurance coverage for domestic partners. CarMax associates are provided
training that emphasizes the importance of diversity
and its impact on a successful business. This training covers the topic
of sexual orientation and all associates are required to complete the
training at the start of employment.
The HRC was founded in 1980 and is the largest civil rights organization
working to achieve equality for LGBT communities. The Corporate Equality
Index was first reported in 2002 and rates companies on a scale from
zero to 100 percent. The scoring is calculated by a point system which
rates criteria such as diversity training, domestic partner benefits and
other nondiscrimination policies as well as respectful advertising
toward the LGBT community.
About CarMax
CarMax, a FORTUNE 500 company, and one of the FORTUNE 2010 "100 Best
Companies to Work For," is the nation's largest retailer of used cars.
Headquartered in Richmond, Va., we currently operate 103 used car
superstores in 49 markets. The CarMax consumer offer is structured
around four customer benefits: low, no-haggle prices; a broad selection;
high quality vehicles; and customer-friendly service. During the fiscal
year ended February 28, 2010, the company retailed 357,129 used vehicles
and sold 197,382 wholesale vehicles at our in-store auctions. For more
information, access the CarMax website at www.carmax.com.
SOURCE: CarMax, Inc.
CarMax, Inc.
Britt Farrar, Manager, Public Relations
804-747-0422, ext. 3473
Twitter: @CarMax
or
Elia Imler, CarMax Public Relations
804-747-0422, ext. 4029
Twitter: @CarMax