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Keith Barr

CarMax logo is seen in this illustration taken June 27, 2022. REUTERS/Dado Ruvic/Illustration
Mar 11, 2026

Starboard nominates two to CarMax board, unveils new position

Starboard Value took a $350M stake in CarMax, nominated two directors, and urged improvements in digital user experience, cost cuts, and pricing strategy.

Feb 12, 2026

CarMax names Barr as next CEO

Goochland County-based CarMax on Thursday named Keith Barr as its next president and CEO, who will take over the helm at the Fortune 500 used car retailer as it navigates a turnaround plan and lower demand.

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