CarMax COO Edwin Hill to retire Dec 31; Margolin signs consulting agreement

CARMAX INC

Edwin Hill, EVP and COO, plans to retire effective Dec 31, 2021; duties to be redistributed.
Eric Margolin, retiring, signed consulting agreement for $10k/month from Sept 1, 2021 to Feb 28, 2022.
Consulting agreement extends non-solicitation and non-compete covenants by additional six months.

item 5.02

Executive movements

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Departed

Edwin J. Hill

Executive Vice President and Chief Operating Officer

KMX · CARMAX INC

Effective: 2021-12-31
Filed: August 6, 2021, 7:59 PM ET

Edwin J. Hill, the Company's Executive Vice President and Chief Operating Officer, informed the Company on August 6, 2021 of his plan to retire, effective December 31, 2021.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Edwin J. Hill departed as Executive Vice President and Chief Operating Officer at CARMAX INC.

Action: retire
Role: Executive Vice President and Chief Operating Officer

Exact text from the filing

Edwin J. Hill, the Company's Executive Vice President and Chief Operating Officer, informed the Company on August 6, 2021 of his plan to retire, effective December 31, 2021.

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CARMAX INC filing history →

Source: SEC EDGAR

accession 0001170010-21-000173

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