Management ChangeApr 9, 2026, 04:51 PM
CarMax Nominates William C. Cobb (69) and James Kessler (53) to Board of Directors
AI Summary
CarMax, Inc. has nominated William C. Cobb and James Kessler to stand for election as new directors at the company's 2026 Annual Meeting. Mr. Cobb brings over 30 years of leadership experience from consumer-facing and technology-focused businesses, including CEO roles at Frontdoor, Inc. and H&R Block, Inc., and senior positions at eBay Inc. Mr. Kessler adds more than 20 years of automotive industry expertise, currently serving as CEO of RB Global, Inc. and previously holding leadership roles at Caliber Collision and ABRA Auto Body & Glass. These nominations aim to enhance the Board's strategic oversight with diverse experience in technology, consumer markets, and the automotive sector.
Key Highlights
- CarMax's Board of Directors nominated William C. Cobb (age 69) and James Kessler (age 53) to stand for election as new directors at the 2026 Annual Meeting.
- William C. Cobb brings over 30 years of leadership experience, including current CEO and Chairman roles at Frontdoor, Inc. and previous CEO of H&R Block, Inc. from 2011 to 2017.
- Cobb's background includes senior leadership at eBay Inc., serving as President of eBay Marketplaces North America, and executive marketing roles at PepsiCo, Inc. and TRICON Global Restaurants, Inc.
- James Kessler contributes over 20 years of automotive industry leadership, currently serving as CEO and Director of RB Global, Inc. since 2023.
- Kessler's prior experience includes Chief Operating Officer of RB Global beginning in 2020, President of Emerging Business at Caliber Collision, and COO of ABRA Auto Body & Glass.
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