Austin Ligon: Difference between revisions
added citations, changed grammar |
added references |
||
| Line 2: | Line 2: | ||
[[CarMax]], Inc. is the nation’s largest retailer of used cars. The company operates 103 used car superstores in 49 markets throughout the U.S. CarMax will sell nearly 600,000 retail and wholesale cars, and record total revenues of nearly $9 billion in the current fiscal year. At over $85mm in sales per store, CarMax used car superstores are among the highest volume retail stores in the U.S. CarMax, Inc. is a Fortune 500 company traded on the [[New York Stock Exchange]] (KMX) and was named one of Fortune’s “100 Best Companies to Work For” for the sixth consecutive year in 2010. |
[[CarMax]], Inc. is the nation’s largest retailer of used cars. The company operates 103 used car superstores in 49 markets throughout the U.S. CarMax will sell nearly 600,000 retail and wholesale cars, and record total revenues of nearly $9 billion in the current fiscal year. At over $85mm in sales per store, CarMax used car superstores are among the highest volume retail stores in the U.S. CarMax, Inc. is a Fortune 500 company traded on the [[New York Stock Exchange]] (KMX) and was named one of Fortune’s “100 Best Companies to Work For” for the sixth consecutive year in 2010. <ref name= SEC Archives>{{cite web |url=http://www.sec.gov/Archives/edgar/vprr/03/9999999997-03-021911 |title= Carmax Annual Report |accessdate=2011-17-01 |}}</ref> |
||
| Line 14: | Line 14: | ||
Ligon earned a B.A. in 1973 from the Plan II Honors program at the [[University of Texas at Austin]], where he was elected to [[Phi Beta Kappa]]. He studied at the [[Pontifical Catholic University]] in Lima, Peru in 1972-73. He subsequently earned his M.A. in Economics in 1978 from the University of Texas, and an M.B.A. in 1980 from the [[Yale School of Management]]. He is married to Samornmitr Lamsam, a native of [[Thailand]]; they have three children. |
Ligon earned a B.A. in 1973 from the Plan II Honors program at the [[University of Texas at Austin]], where he was elected to [[Phi Beta Kappa]]. He studied at the [[Pontifical Catholic University]] in Lima, Peru in 1972-73. He subsequently earned his M.A. in Economics in 1978 from the University of Texas, and an M.B.A. in 1980 from the [[Yale School of Management]]. He is married to Samornmitr Lamsam, a native of [[Thailand]]; they have three children.<ref name= University of Texas>{{cite web |url=http://www.utexas.edu/cola/progs/plan2/news/3327 |title= PPlan II Alumnus Austin Ligon Gives $200,000 for Plan II Study Abroad |accessdate=2011-17-01 |}}</ref> |
||
==See also== |
==See also== |
||
Revision as of 11:36, 17 January 2011
William Austin Ligon is the co-founder and retired CEO of CarMax, Inc. He retired in June 2006, and is now a private angel-stage investor. Among his recent investments are Gazelle.com; Redfin.com; Zigmo; Café Caturra; and MotorExchange India.
CarMax, Inc. is the nation’s largest retailer of used cars. The company operates 103 used car superstores in 49 markets throughout the U.S. CarMax will sell nearly 600,000 retail and wholesale cars, and record total revenues of nearly $9 billion in the current fiscal year. At over $85mm in sales per store, CarMax used car superstores are among the highest volume retail stores in the U.S. CarMax, Inc. is a Fortune 500 company traded on the New York Stock Exchange (KMX) and was named one of Fortune’s “100 Best Companies to Work For” for the sixth consecutive year in 2010. Cite error: The <ref> tag has too many names (see the help page).
Ligon and Rick Sharp, then Circuit City CEO, developed the CarMax idea together in 1991 and launched the first CarMax store in Richmond, Virginia, in 1993. Austin became president of CarMax in 1995. He lead the company through a decade and a half of rapid growth, including its IPO as a tracking stock of Circuit City in 1997. He added the title of CEO upon the company’s spin off from Circuit City in 2002. LIgon came to Circuit City from Marriott Corporation where he had been senior vice president of strategic planning for Marriott Hotels and Resorts. He joined Marriott in 1984 as director of corporate planning, and served as vice president of both marketing and concept general management in the family restaurant division. [1]
Ligon was previously a senior consultant for the Boston Consulting Group in London, England, from 1980 to 1983 and an independent financial consultant in Bangkok, Thailand during 1983-84. He worked as a health economist in Dallas and San Antonio during 1976-78, and was a Teaching Fellow in economics at the University of Texas, Austin from 1973 to 1976.
The primary focus of Ligon’s community involvement is education. He is a member of the governing boards of the University of Virginia, the University of Virginia Invesment Management Company (UVIMCO), and St. John’s College (Annapolis and Santa Fe). He is advisory board chairman of the Center for Talented Youth (CTY) at Johns Hopkins University, and an advisory board member of the Yale School of Management. He serves on the board of several venture start-up companies. Cite error: The <ref> tag has too many names (see the help page).
Ligon earned a B.A. in 1973 from the Plan II Honors program at the University of Texas at Austin, where he was elected to Phi Beta Kappa. He studied at the Pontifical Catholic University in Lima, Peru in 1972-73. He subsequently earned his M.A. in Economics in 1978 from the University of Texas, and an M.B.A. in 1980 from the Yale School of Management. He is married to Samornmitr Lamsam, a native of Thailand; they have three children.Cite error: The <ref> tag has too many names (see the help page).
See also
References
- ^ spoke.com. "Austin Ligon". spoke.com. Retrieved 2011-17-01.
{{cite web}}: Check date values in:|accessdate=(help)