PRESIDENT AND CEO, CARMAX, GOOCHLAND COUNTY
Virginia Business //September 2, 2025//
CarMax Bill Nash
CarMax Bill Nash
PRESIDENT AND CEO, CARMAX, GOOCHLAND COUNTY
Virginia Business //September 2, 2025//
Nash began at CarMax in 1997 as an auction manager, working his way up to president and CEO in 2016. Founded in 1993 in Richmond as a subsidiary of electronics retailer Circuit City, Fortune 500 company CarMax is the country’s largest retailer of used cars, employing almost 30,000 people, including 3,300 in Virginia.
It reported $26.3 billion in revenue for fiscal 2024, and Nash became an eBay board member in September 2024.
This year, CarMax has focused on expanding its stock of newer used vehicles to meet consumer demand for modern features at lower prices amid rising tariff concerns on new car imports. The company is also leaning into AI, a move Nash calls “generative engine optimization,” or GEO. In Richmond, the company is the naming sponsor of CarMax Park, the Richmond Flying Squirrels’ forthcoming baseball stadium, and it is a sponsor of the Richmond Ivy Soccer Club.
A 1991 graduate of James Madison University, Nash started out working in payroll and accounting at Circuit City.
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