Austin ligon biography
Austin ligon biography images.
Austin ligon biography
Austin Ligon
William Austin Ligon (born ca. ) is the co-founder and retired CEO of CarMax. He retired in June , and is now a private angel-stage investor. Among his recent investments are Gazelle, Redfin, , Car Trade (India), Eneza Education (Kenya) and Tazza Kitchen.[1][2][3][4]
Life and career
Ligon and Richard Sharp, then CEO of Circuit City, developed the CarMax idea together in and launched the first CarMax store in Richmond, Virginia, in [5] Austin became Sr.
VP of Automotive in , and President of CarMax in He led the company through a decade and a half of rapid growth, including its IPO as a tracking stock of Circuit City in He added the title of CEO upon the company’s spin off from Circuit City in [6][7] 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 as director of corporate p