Car-Mart hires former CarMax exec as new EVP of procurement & inventory
Brian Stone is shifting from one large, publicly traded dealership company to another.
America’s Car-Mart announced on Wednesday that Stone has been named as executive vice president of procurement and inventory in a move effective on Monday.
Car-Mart highlighted Stone joins the chain of buy-here, pay-here dealerships with significant industry experience, including 20 years with CarMax, where he began in vehicle procurement and quickly progressed to senior roles, including vice president of operations, as well as vice president of strategy, mergers and acquisitions.
Additionally, Car-Mart mentioned Stone has co-founded digital-heavy startup companies that involve ride sharing and purchasing vehicles from the public.
“Brian is an effective and proven leader with a great reputation in our industry,” Car-Mart president and chief executive officer Jeff Williams said in a news release. “His experience aligns well with our current initiatives regarding improvements through data analysis, reconditioning, inventory management, and leveraging industry partnerships, among other areas of focus.
“We are delighted to add Brian to our dedicated team and we look forward to the impact that he will have on our efforts to capitalize on significant market growth opportunities in the coming years,” Williams went on to say.