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The charts on this page feature a breakdown of the total annual pay for the top executives at CARMAX INC as reported in their proxy statements.

Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. CARMAX INC income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. CARMAX INC annual reports of executive compensation and pay are most commonly found in the Def 14a documents.

Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year.

Other Compensation covers all compensation-like awards that don't fit in any of these other standard categories. Numbers reported do not include change in pension value and non-qualified deferred compensation earnings.

Name And Title Total Cash Equity Other Total Compensation
William D. Nash
President and Chief Executive Officer
Total Cash $2,282,078 Equity $8,865,651 Other $441,014 Total Compensation $11,588,743
James Lyski
EVP and Chief Marketing Officer
Total Cash $934,809 Equity $1,564,401 Other $107,609 Total Compensation $2,606,819
Enrique N. Mayor-Mora
EVP and Chief Financial Officer
Total Cash $1,029,629 Equity $1,290,887 Other $120,221 Total Compensation $2,440,737
Shamim Mohammad
EVP and Chief Information and Technology Officer
Total Cash $834,374 Equity $1,299,562 Other $110,185 Total Compensation $2,244,121
Diane L. Cafritz
EVP, General Counsel, Chief Compliance Officer and Chief Human Resources Officer
Total Cash $825,605 Equity $1,290,887 Other $89,316 Total Compensation $2,205,808
For its 2023 fiscal year, CARMAX INC, listed the following CEO pay ratio data on its annual proxy statement to the SEC.
CEO Name CEO Pay Median Employee Pay CEO Pay Ratio
William D. Nash CEO Pay $11,588,743 Median Employee Pay $53,233 CEO Pay Ratio 218:1
For its 2023 fiscal year, CARMAX INC, listed the following board members on its annual proxy statement to the SEC.
Name Total COMPENSATION
David W. McCreight Total Cash $293,969
Marcella Shinder Total Cash $288,269
Mark F. O'Neil Total Cash $296,219
Mitchell D. Steenrod Total Cash $348,610
Peter J. Bensen Total Cash $333,969
Pietro Satriano Total Cash $283,719
Robert J. Hombach Total Cash $31,667
Ronald E. Blaylock Total Cash $311,135
Shira D. Goodman Total Cash $305,399
Sona Chawla Total Cash $309,469
Thomas J. Folliard Total Cash $493,435

This report is not for commercial use. Thorough reviews have been conducted to assure this data accurately reflects disclosures. However for a complete and definitive understanding of the pay practices of any company, users should refer directly to the actual, complete proxy statement.

The information shown here is a reporting of information included in the company's proxy statement. The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). You may also find the annual proxy statement by going directly to the company's website.

A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. The proxy must be sent to every shareholder in advance of the company's annual shareholders meeting. All proxy statements are public filings made available to the general public by the SEC.

The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives.