America's Car-Mart COO Eddie Hight to Retire in November

America's Car-Mart Inc. of Bentonville said in Securities and Exchange Commission filing Friday that its long-time COO Eddie Hight will retire on Nov. 30.

Hight has been COO since May 2002. He's been employed with the publicly traded used-car dealership chain since 1984.

In the filing, Car-Mart said Hight will remain an employee to "assist with associate training and development as well as other areas as needed." It said the COO position will remain unfilled for now.

On Monday, the company's board of directors elected Hight to serve as a company director. He'll serve until the company’s 2014 annual meeting.