America's Car-Mart, Inc. Announces Demise of William ?Hank? Henderson, Director
October 17, 2023 at 04:38 pm EDT
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America's Car-Mart, Inc. announced that William ?Hank? Henderson passed away on October 14, 2023. Mr. Henderson served as the Company?s Chief Executive Officer from October 2007 to December 2017 and has served on the Company?s Board of Directors since 2002.
He joined the Company in 1987 and served in various roles before becoming Chief Executive Officer.
America's Car-Mart, Inc. is an automotive retailer in the United States. The Company operates in the integrated auto sales and finance segment of the used car market. In this industry, the nature of the sale and the financing of the transaction, financing processes, the type of customer and the methods used to distribute the Companyâs products and services, including the actual servicing of the contracts, as well as the regulatory environment in which the Company operates, all have similar characteristics. The Companyâs operations are principally conducted through its two operating subsidiaries, Americaâs Car Mart, Inc., an Arkansas corporation (Car-Mart of Arkansas) and Colonial Auto Finance, Inc., an Arkansas corporation (Colonial). The Company primarily sells older model used vehicles and provides financing for substantially all of its customers. The Company operates approximately 156 dealerships located primarily in small cities throughout the South-Central United States.
AMERICA'S CAR-MART, INC. 
