Jon G.  Daniels net worth and biography

Jon Daniels Biography and Net Worth

SVP of CarMax
As senior vice president of CarMax Auto Finance (CAF), Jon Daniels is responsible for all strategic and managerial aspects of the approximately $15 billion captive finance company as well as business relationships with all lending and ancillary product partners.


Under Mr. Daniels’ leadership, CAF is one of the top lenders in the used auto space, originating over $6 billion annually. He was instrumental in leading CarMax through the 2008 credit crisis and the 2020 economic volatility due to COVID-19 by retaining strong credit offers for customers and maintaining a highly regarded asset-backed securities funding program. In tandem with the company push towards becoming a premier omni-channel retailer, Mr. Daniels spearheaded the build of a digital lending platform that has grown to accepting and underwriting nearly two-thirds of all originated customer applications in an online environment.


In a career spanning over 25 years, Mr. Daniels has worked in the credit and lending space, driving innovative change using data science and advanced analytics. He has worked for many large financial institutions, including industry-leading credit card issuers such as AT&T Universal Card, Citibank, and HSBC. In his roles at these companies he oversaw new account originations, portfolio management, statistical modeling, and technology deployment for both marketing and credit functions. Prior to joining CarMax, Mr. Daniels spent seven years with Metris and supported the successful merger with HSBC in 2005. Following his critical role managing the acquisition, he continued with HSBC and presided over credit for $12 billion of over $30 billion in general purpose card portfolios.


Mr. Daniels serves on the board of the American Financial Services Association, an organization dedicated to continually improving and protecting access to credit for consumers. An active participant in his community, he has also worked with an Atlanta-area Junior Achievement program to develop an experiential learning model, educating students on financial literacy by explaining the auto purchasing process. Mr. Daniels received his Master of Science in operations research from the University of Kentucky and a Bachelor of Arts in mathematics from Flagler College in St. Augustine, Florida.

What is Jon G. Daniels' net worth?

The estimated net worth of Jon G. Daniels is at least $73,331.50 as of June 26th, 2024. Mr. Daniels owns 995 shares of CarMax stock worth more than $73,332 as of October 30th. This net worth approximation does not reflect any other investments that Mr. Daniels may own. Learn More about Jon G. Daniels' net worth.

How old is Jon G. Daniels?

Mr. Daniels is currently 52 years old. There are 7 older executives and no younger executives at CarMax. The oldest executive at CarMax is Mr. James R. Lyski, Executive VP, Chief Innovation & Strategy Officer, who is 61 years old. Learn More on Jon G. Daniels' age.

How do I contact Jon G. Daniels?

The corporate mailing address for Mr. Daniels and other CarMax executives is 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA, 23238. CarMax can also be reached via phone at (804) 747-0422 and via email at [email protected]. Learn More on Jon G. Daniels' contact information.

Has Jon G. Daniels been buying or selling shares of CarMax?

Jon G. Daniels has not been actively trading shares of CarMax during the last quarter. Most recently, Jon G. Daniels sold 1,231 shares of the business's stock in a transaction on Wednesday, June 26th. The shares were sold at an average price of $72.46, for a transaction totalling $89,198.26. Following the completion of the sale, the senior vice president now directly owns 995 shares of the company's stock, valued at $72,097.70. Learn More on Jon G. Daniels' trading history.

Who are CarMax's active insiders?

CarMax's insider roster includes Ronald Blaylock (Director), Diane Cafritz (SVP), Jon Daniels (SVP), Thomas Folliard (Director), Edwin Hill (COO), Jill Livesay (VP), James Lyski (CMO), Eric Margolin (EVP), Enrique Mayor-Mora (CFO), Shamim Mohammad (EVP), William Nash (CEO), Darren Newberry (SVP), Thomas Reedy, Jr. (EVP), and Charles Wilson (SVP). Learn More on CarMax's active insiders.

Are insiders buying or selling shares of CarMax?

During the last twelve months, insiders at the sold shares 12 times. They sold a total of 352,303 shares worth more than $27,194,620.43. The most recent insider tranaction occured on July, 26th when EVP Mohammad Shamim sold 25,000 shares worth more than $2,056,500.00. Insiders at CarMax own 1.7% of the company. Learn More about insider trades at CarMax.

Information on this page was last updated on 7/26/2024.

Jon G. Daniels Insider Trading History at CarMax

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
6/26/2024Sell1,231$72.46$89,198.26995View SEC Filing Icon  
12/27/2023Sell10,000$77.56$775,600.001,525View SEC Filing Icon  
7/20/2023Sell7,783$85.25$663,500.751,525View SEC Filing Icon  
7/11/2023Sell15,730$84.59$1,330,600.701,525View SEC Filing Icon  
6/28/2023Sell27,783$82.42$2,289,874.867,255View SEC Filing Icon  
2/8/2021Sell20,129$127.54$2,567,252.6621,609View SEC Filing Icon  
7/15/2020Sell25,968$94.02$2,441,511.3627,448View SEC Filing Icon  
6/27/2019Sell36,595$86.35$3,159,978.2515,725View SEC Filing Icon  
10/29/2018Sell16,325$70.88$1,157,116.0016,325View SEC Filing Icon  
9/26/2017Sell50,488$73.68$3,719,955.8445,471View SEC Filing Icon  
1/26/2017Sell20,000$68.72$1,374,400.0031,787View SEC Filing Icon  
7/14/2016Sell11,191$55.39$619,869.4922,978View SEC Filing Icon  
7/8/2016Sell10,000$51.00$510,000.0023,967View SEC Filing Icon  
10/30/2015Sell23,011$59.46$1,368,234.0612,155View SEC Filing Icon  
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Jon G. Daniels Buying and Selling Activity at CarMax

This chart shows Jon G Daniels's buying and selling at CarMax by year and by quarter.

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CarMax Company Overview

CarMax logo
CarMax, Inc., through its subsidiaries, operates as a retailer of used vehicles and related products in the United States. It operates in two segments: CarMax Sales Operations and CarMax Auto Finance. The CarMax Sales Operations segment offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; used vehicle auctions; extended protection plans to customers at the time of sale; and reconditioning and vehicle repair services. The CarMax Auto Finance segment provides financing alternatives for retail customers across a range of credit spectrum and arrangements with various financial institutions. The company was founded in 1993 and is based in Richmond, Virginia.
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Today's Range

Now: $75.26
Low: $73.88
High: $75.71

50 Day Range

MA: $77.22
Low: $71.11
High: $85.78

2 Week Range

Now: $75.26
Low: $59.77
High: $88.22

Volume

265,687 shs

Average Volume

1,910,727 shs

Market Capitalization

$11.75 billion

P/E Ratio

28.29

Dividend Yield

N/A

Beta

1.68