RICHMOND, Va.--(BUSINESS WIRE)--
CarMax, Inc. (NYSE:KMX) today announced that its board of directors has
elected Pietro Satriano to membership on the board effective October 1.
Satriano will serve on the Nominating and Governance Committee.
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CarMax, Inc. today announced that its board of directors has elected Pietro Satriano to membership on the board. (Photo: Business Wire)
Satriano, 55, has been the chief executive officer and a director of US
Foods Holding Corp., a publicly held foodservice distributor, since 2015
and chairman of the US Foods board since 2017. Previously, Satriano
served as chief merchandising officer of US Foods from 2011 until 2015.
Before joining US Foods, he was president of LoyaltyOne Co. and served
in a number of leadership positions at Loblaw Companies Limited.
“We are pleased to welcome Pietro to the CarMax board,” said Bill Nash,
chief executive officer of CarMax. “As a sitting CEO with extensive
leadership experience in highly competitive and evolving industries, he
is a very valuable addition to our board.”
About CarMax
CarMax is the nation’s largest retailer of used cars, currently
operating 195 stores in 41 states nationwide. CarMax revolutionized the
auto industry by delivering the honest, transparent and high-integrity
car buying experience customers want and deserve. For more than 25
years, CarMax has made car buying more ethical, fair and stress-free by
offering a no-haggle, no-hassle experience and an incredible selection
of vehicles. CarMax makes selling your car easy too, by offering
no-obligation appraisals good for seven days. At CarMax, we’ll buy your
car even if you don’t buy ours®. CarMax has more than 25,000
associates nationwide andfor 14 consecutive years has
been named as one of the Fortune 100 Best Companies to
Work For®. During the twelve months ended February 28, 2018,
the company retailed 721,512 used vehicles and sold 408,509 wholesale
vehicles at its in-store auctions. For more information, access the
CarMax website at www.carmax.com.
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CarMax, Inc.
Investors:
Katharine Kenny, Vice President,
Investor Relations, (804) 935-4591
Celeste Gunter, Manager,
Investor Relations, (804) 935-4597
or
Media:
pr@carmax.com,
(855) 887-2915
Source: CarMax, Inc.