Carmax (KMX) executive compensation, 2026 proxy

David W. McCreight, Interim President and Chief Executive Officer, was paid $4.2M in fiscal 2026. The CEO-to-median-employee pay ratio was 318:1, on median employee pay of $58,023.

Filed
May 12, 2026
Annual meeting
June 23, 2026
Pay year
fiscal 2026
Named executives
6
CEO total pay
$4.2Mfiscal 2026
CEO to median employee
318:1median $58,023
CEO pay in equity
86%$3.6M in awards
Prior say-on-pay support
88%of votes cast
Combined CEO compensation
$18,454,237McCreight and Nash combined
Nash termination payments
$1,173,414Paid or accrued
CEO ratio excluding termination
298:1Alternative disclosed ratio
CEO stock and options
$8,624,682Nash fiscal 2026 awards

How McCreight was paid

$4.2M in total for fiscal 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary7%Stock awards86%All other compensation7%

Named executive officers

ExecutiveTotal
David W. McCreightInterim President and Chief Executive Officer$4,208,674
Enrique N. Mayor-MoraEVP and Chief Financial Officer$3,326,924
Charles Joseph WilsonEVP and Chief Operating Officer$3,223,432
Diane L. CafritzEVP and Chief Innovation and People Officer$3,166,392
Shamim MohammadEVP and Chief Information and Technology Officer$2,910,174
William D. NashFormer President and Chief Executive Officer$14,245,563

What changed and why

  • 318:1 was the fiscal 2026 CEO-to-median-employee pay ratio, including Nash’s termination payments.
  • $58,023$58,023 was the median employee’s annual total compensation used for the pay ratio.
  • $4.2M$4.2 million was Interim CEO David McCreight’s fiscal 2026 total compensation.
  • $14.2M$14.2 million was former CEO William Nash’s fiscal 2026 total compensation, including $1.17 million in termination payments.
  • $18.5M$18.5 million was the combined annual compensation of CarMax’s two fiscal 2026 CEOs.
  • 88%88% of votes cast supported the prior year’s say-on-pay proposal.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.