Monday, Oct. 17 at 12 pm in JMHH 365.
Come meet with Austin Ligon, the founder of CarMax, and listen to his story about starting and growing a successful company. Austin is currently an angel investor and will share his advice with students on entrepreneurship.
Austin Ligon, along with then CEO of Circuit City Rick Sharp, founded CarMax in 1993. He is currently enjoying his retirement and encouraging new entrepreneurs as an angel investor. Ligon led the company from its inception within Circuit City through 2006.
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 Investment 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.
CarMax, Inc. is the U.S.’s largest retailer of used cars. The company operates 103 used car superstores in 49 markets throughout the country. 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 $85 million 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.
For more information: http://en.wikipedia.org/wiki/Austin_Ligon