Richmond, Va. — CarMax, Inc. has appointed Keith Barr as president and chief executive officer, as well as a member of the board of directors, effective March 16, 2026. David McCreight, current interim president and CEO of CarMax, will transition to his prior duties as an independent director of the board. Tom Folliard will remain in his role as interim executive chair of the board until the company’s annual meeting in June 2026, after which he is expected to resume his prior duties as non-executive chair of the board.
Barr has driven transformational growth and operational excellence across large-scale, consumer-centric businesses. Most recently, he served as chief executive officer at InterContinental Hotels Group, where he led one of the world’s largest hospitality companies with 345,000 people working across more than 6,000 properties in over 100 countries.
“The board and I are thrilled to welcome Keith to CarMax. His decades of leadership experience and proven ability to enhance the customer experience, lead digital transformations, build brand loyalty and effectively integrate online and physical properties make Keith the right choice to lead CarMax through a critical juncture and drive the company’s next chapter of growth,” says Folliard. “Keith’s values-based approach to leadership will enhance CarMax’s award-winning people-first culture, and he has demonstrated a clear ability to drive profitable sales growth alongside an unwavering focus on the consumer.”
CarMax is the nation’s largest retailer of used autos with more than 250 store locations. For more information, visit www.carmax.com.
SOURCE: CarMax