CarMax has announced the appointment of Keith Barr, former CEO of InterContinental Hotels Group (IHG), as their new chief executive officer. Barr brings extensive experience in leadership and strategic planning to the automotive retailer, with hopes of driving growth and innovation within the company. The decision comes amidst a changing landscape in the automotive industry, with CarMax looking to adapt to new trends and challenges.

Read more at Investing.com: CarMax taps former IHG chief Keith Barr as CEO