Retail | Wholesale | Food | Beverage 2023: WILLIAM D. ‘BILL’ NASH

PRESIDENT AND CEO, CARMAX, GOOCHLAND COUNTY

Published August 30, 2023 by Virginia Business

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, CarMax is the country’s largest retailer of used cars, reporting $31.9 billion in 2022 revenue and employing more than 30,000 people.

In January, CarMax launched a new online prequalification capability that allows customers to shop with personalized financing while avoiding impact to their credit score. In May, the company joined the WNBA Changemakers program, which promotes women’s sports and advancing diversity, equity and inclusion. In CarMax’s 2023 Responsibility Report, Nash expounded on his goals of making the company the leading retailer of used electric vehicles and achieving net-zero carbon emissions by 2050.

A 1991 graduate of James Madison University, Nash started out working in payroll and accounting at Circuit City, a Richmond-based Fortune 500 company that went under in 2009 and has been reincarnated as an online retailer.

HOW I UNWIND FROM WORK: I’ve always been an avid basketball fan, so playing basketball and exercising are my favorite ways to decompress.