CarMax adds William Cobb, Jim Kessler to board after Starboard talks

Reuters04-10

CarMax plans to add William “Bill” Cobb and Jim Kessler to board in connection with 2026 annual meeting of shareholders.
Starboard Value agreed to withdraw its director nominations for 2026 annual meeting following engagement tied to board changes.
Keith Barr is serving as president, CEO.
Tom Folliard is serving as interim executive chair of board.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CarMax Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202604091615BIZWIRE_USPR_____20260409_BW413317) on April 09, 2026, and is solely responsible for the information contained therein.

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