America's Car-Mart, Inc. Announces Resignation of Leon L. Walthall as Chief Operating Officer
January 13, 2023 at 08:01 am EST
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Effective January 10, 2023, Leon L. Walthall assumed the position of Senior Vice President of Field Operations for America's Car-Mart's principal operating subsidiary and no longer serves as the Chief Operating Officer of America's Car-Mart, Inc. (the “Company”). In this new role, Mr. Walthall will use his extensive field experience to focus on delivering improved customer experience, sales growth, and consistent operational execution across the Company's dealerships. Leon will continue to report to Douglas W. Campbell, Jr., President of the Company, who will now additionally lead the Company's collections management efforts.
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. 
