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CarMax taps former InterContinental Hotels CEO after sales slump

Bloomberg News

CarMax Inc. named Keith Barr as chief executive officer, bringing in the former InterContinental Hotels Group Plc chief to modernize the company and revive performance. The used-car retailer terminated former CEO William D. Nash in November after lagging sales and a slump in the stock had erased more than half of CarMax’s market value in […]

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