Starboard nominates directors to CarMax board
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Starboard Delivers Letter to CarMax
March 11, 2026 8:00 AM EDTViews Appointment of New CEO Keith Barr as Timely Opportunity to Address Fixable Execution Gaps and Unlock CarMaxs Full Value Potential
Has Nominated Directors to Help Support the Next Phase of Execution and Accelerate Shareholder Value Creation
Believes CarMaxs Structurally Superior Omnichannel Model Is Not Reflected in Current Performance
Sees Clear Opportunities to Drive Improvement Through Enhanced Digital Execution, Reconditioning Efficiencies and Dynamic Pricing
Urges a Substantially Expanded SG&A Reduction Program to Restore Cost Discipline and Enhance Long-Term... More
