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Published on: 10/26/2007
Last Visited: 12/26/2007
RICHMOND, Va., Oct. 26 /PRNewswire/ -- CarMax, Inc. (NYSE: KMX) announced today that its board of directors has elected Shira D. Goodman, executive vice president of marketing at Staples, Inc., and Ronald E. Blaylock, founder and General Partner of GenNx360 Capital to membership on the board.
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Blaylock, 47, founded GenNx360, a private-equity buyout fund, focused on industrial business-to-business companies, in 2006.Prior to GenNx360, Blaylock was chief executive officer of Blaylock & Company, a full-service investment banking firm headquartered in New York City.The firm has consistently been ranked among the top twenty investment banking firms in the U.S. for underwriting corporate debt securities and, in 2005, was ranked the number one minority-owned investment banking firm in the U.S. by Securities Data, Inc.In March 2007, the firm was acquired by Robert Van Securities, Inc. and Blaylock was appointed non-executive chairman.
Previously, Mr. Blaylock held senior management positions with PaineWebber and Citigroup.He earned a Bachelor of Science degree in finance from Georgetown University and a Masters of Business Administration degree from New York University's Stern School of Business.He serves as a director on the boards of Radio One, Inc. and W. R. Berkley Corporation.
"We welcome Shira and Ron to the CarMax board and are excited that they have agreed to join us," said Tom Folliard, CarMax president and chief executive officer.