---
schema_version: "secwatch.filing_event.v1"
accession: "0001170010-21-000173"
form_type: "8-K"
ticker: "KMX"
cik: "0001170010"
company_name: "CARMAX INC"
filed_at: "2021-08-06T23:59:59+00:00"
generated_at: "2026-06-29T19:58:55.662426+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001170010-21-000173
- form_type: 8-K
- ticker: KMX
- cik: 0001170010
- company_name: CARMAX INC
- filed_at: 2021-08-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1170010/000117001021000173/0001170010-21-000173-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1170010/000117001021000173/kmx-20210803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001170010-21-000173
- JSON: https://secwatch.observer/filing/0001170010-21-000173.json
- Plain text: https://secwatch.observer/filing/0001170010-21-000173.txt

## Key facts
- Executive change
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1170010/000117001021000173/0001170010-21-000173-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.