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Douglas W. Campbell

Chief Executive Officer at AMERICAS CARMART
Board
Since October 1, 2023
Age
48 years
Education
Holds a B.S. in Mechanical Engineering from Johns Hopkins University and an M.B.A. in Finance and Accounting from The Wharton School of the University of Pennsylvania.
Tenure
Joined CRMT as President in October 2022 and was promoted to Chief Executive Officer on October 1, 2023.

Also at AMERICAS CARMART

JF
Jamie Fischer
Chief Operating Officer (COO)
VDJ
Vickie D. Judy
Chief Financial Officer

About

Douglas W. Campbell serves as the Chief Executive Officer, President, and a director of America's Car-Mart, Inc. (CRMT). His appointment to CEO in October 2023 reflects his extensive experience and leadership in the automotive sector.

Prior to joining CRMT, he built a robust career in the automotive industry by holding strategic roles at Avis Budget Group, AutoNation, and Coral Springs Auto Mall. His responsibilities ranged from fleet services and remarketing oversight to dealership management, providing him with a comprehensive background in operations and strategic growth.

Since joining CRMT as President in October 2022, his leadership has been pivotal in steering the company’s strategic direction and operational performance. His progression from a key executive role to the role of CEO underscores his commitment and capability to drive innovation and sustainable growth in a competitive marketplace.

$CRMT Performance Under Douglas W. Campbell

Past Roles

OrganizationRoleDate RangeDetails
CRMTPresidentOct 2022 – Oct 2023Served as President for 1 year before becoming CEO in Oct 2023
Avis Budget GroupSenior Vice President, Head of Fleet Services for the AmericasJun 2022 – Oct 2023Role concluded upon moving to CRMT
Avis Budget GroupHead of Fleet Services for the AmericasJun 2021 – Jun 2022
Avis Budget GroupVice President, Remarketing for the AmericasMar 2018 – Jun 2021
AutoNationUsed Vehicle Director, Eastern RegionSep 2014 – Mar 2018Also served as General Manager of Honda Dulles dealership (dates overlap)
Coral Springs Auto MallExecutive General Manager15-year tenureServed for 15 years in a senior leadership role

Fixed Compensation

Data from  FY 2024
Component NameAmountPayment ScheduleAdditional Details
Base Salary$730,769 Annual (Fiscal Year 2024)Fixed annual salary as stated for FY2024.
Restricted Stock Awards$2,980,987 (47,612 shares) Three equal annual installments on September 30, 2024, 2025, and 2026Award granted on January 25, 2024; vesting is solely based on service (time-based vesting).
Other Compensation$80,990 Paid during Fiscal Year 2024Includes Company Automobile use ($11,839), Insurance Premiums ($516), Relocation Costs ($34,176), Christmas Bonus ($800), and Executive Health Insurance Plan Premiums ($33,659).

Performance Compensation

Data from  FY 2024

Stock Option Awards - Performance Metrics

MetricThresholdTargetMaximumVesting ScheduleGrant DateGrant Date Fair ValueGrant Date Stock Price
Four-quarter average ROE25% of target 100% 150% December 19, 2026January 25, 2024$4,194,089 $70.57
90-day average closing stock price25% of target 100% 150% December 19, 2026January 25, 2024$4,194,089 $70.57

Non-Equity Incentive Plan Compensation

Performance MeasureDetails
Return on Average Equity (ROE)Threshold: 10%, Target: 12.5%, Maximum: 15%
SG&A Expense per Average Active CustomerThreshold: 5% growth, Target: Flat, Maximum: 2% decline
Economic Value Added (EVA) Performance by DealershipThreshold: 65% of dealerships with positive EVA, Target: 80%, Maximum: 95%
Individual Performance ComponentEvaluated discretionarily by the Compensation Committee

Bonus Details:

Bonus ComponentAmount
Target Bonus$1,000,000
Threshold Bonus$240,000
Maximum Bonus$1,200,000

Payment Schedule & Additional Details:

  • The Stock Option Awards vest entirely on December 19, 2026 upon achievement of performance conditions based on the Company’s four-quarter average ROE and 90-day average closing price.
  • The Non-Equity Incentive Plan Compensation is cash-based and is paid based on the Company’s performance results for Fiscal Year 2024.