America’s Car-Mart, Inc. Names EVP, Procurement and Inventory
March 16 2022 - 8:30AM
America’s Car-Mart, Inc. (NASDAQ: CRMT) (the “Company”) today
announced that the Company has named Brian Stone as Executive Vice
President, Procurement and Inventory effective March 21, 2022.
Mr. Stone joins the Company 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, Mr. Stone has
cofounded digital-heavy startup companies that involve ride sharing
and purchasing cars from the public.
“Brian is an effective and proven leader with a
great reputation in our industry,” said Jeff Williams, President
and Chief Executive Officer of the Company. “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.”
About America's Car-Mart
America’s Car-Mart operates automotive
dealerships in twelve states and is one of the largest publicly
held automotive retailers in the United States focused exclusively
on the “Integrated Auto Sales and Finance” segment of the used car
market. The Company specializes in the sale of quality, pre-owned
vehicles, and features flexible used car financing options for
customers with bad credit, no credit, repossessions or even past
bankruptcy and emphasizes superior customer service and the
building of strong personal relationships with its customers. The
Company operates its dealerships primarily in smaller cities
throughout the South-Central United States selling quality used
vehicles and providing financing for substantially all of its
customers. For more information about America’s Car-Mart, including
investor presentations, please visit our website at
www.car-mart.com.
Jeff Williams, CEO at (479) 464-9944 or Vickie Judy, CFO at (479) 464-9944
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