CAFRITZ
Diane
Senior vice president, general counsel, chief compliance officer and chief human resources officer at CarMax
Organization: CarMax
Profession: Senior vice-president
Biography
Diane Cafritz is senior vice president, general counsel, chief compliance officer and chief human resources officer at CarMax.
Career
Diane Cafritz oversees the company’s legal affairs, government relations, and compliance and ethics programs. She also leads the human resources and asset protection functions, as well as corporate social responsibility.
Ms. Cafritz is responsible for creating an exceptional associate experience and ensuring a people-first culture by leading CarMax’s talent, human resources, and total rewards functions. She develops innovative people solutions to support CarMax’s award-winning culture and drive company transformation and growth. Passionate about cultivating an engaging and inclusive work environment where all associates feel valued and respected, Ms. Cafritz developed the company’s corporate social responsibility practice by creating a new team and vice president leadership role. As part of this effort, she also hired CarMax’s first chief diversity and inclusion officer to expand the company’s focus on diversity and inclusion.
In her capacity as general counsel and chief compliance officer, Ms. Cafritz oversees the legal and compliance needs for CarMax as well as Edmunds, which CarMax acquired in 2021. This includes corporate governance, labor and employment law, consumer finance law, automotive regulatory law, litigation, intellectual property, government affairs and the corporate ethics programs.
Ms. Cafritz joined the CarMax legal department in 2003 and during her time with the company has served in various legal roles of increased responsibility. She became company’s first chief human resources officer in 2017 before also becoming the general counsel and chief compliance officer in 2021. Prior to joining CarMax, Ms. Cafritz was a partner in the litigation department of McDermott, Will & Emery in Washington, D.C. Diane joined the firm in 1995 as an associate and was named partner in 2001.
Education
Ms. Cafritz received her Bachelor of Arts in economics and international relations from Tufts University and her Juris Doctor from the University of Virginia School of Law. Ms. Cafritz was admitted to the Virginia State Bar in 1995 and the District of Columbia State Bar in 1996.