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 $102,510.50 as of July 20th, 2023. Mr. Daniels owns 1,525 shares of CarMax stock worth more than $102,511 as of December 9th. This net worth approximation does not reflect any other investments that Mr. Daniels may own. Learn More about Jon G. Daniels' net worth.

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 in the last ninety days. Most recently, Jon G. Daniels sold 7,783 shares of the business's stock in a transaction on Thursday, July 20th. The shares were sold at an average price of $85.25, for a transaction totalling $663,500.75. Following the completion of the sale, the senior vice president now directly owns 1,525 shares of the company's stock, valued at $130,006.25. 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, CarMax insiders bought shares 1 times. They purchased a total of 8,220 shares worth more than $501,255.60. During the last twelve months, insiders at the sold shares 7 times. They sold a total of 304,993 shares worth more than $25,375,427.78. The most recent insider tranaction occured on July, 20th when SVP Jon G Daniels sold 7,783 shares worth more than $663,500.75. Insiders at CarMax own 1.7% of the company. Learn More about insider trades at CarMax.

Information on this page was last updated on 7/20/2023.

Jon G. Daniels Insider Trading History at CarMax

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
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., together with its subsidiaries, operates as a retailer of used vehicles in the United States. It operates in two segments, CarMax Sales Operations and CarMax Auto Finance. The company offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; and extended protection plans to customers at the time of sale, as well as sells vehicles that are approximately 10 years old and has more than 100,000 miles through wholesale auctions. It also provides reconditioning and vehicle repair services; and financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance 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: $67.22
Low: $66.81
High: $68.03

50 Day Range

MA: $65.09
Low: $60.39
High: $70.02

2 Week Range

Now: $67.22
Low: $52.10
High: $87.50


1,641,879 shs

Average Volume

1,686,160 shs

Market Capitalization

$10.67 billion

P/E Ratio


Dividend Yield