America’s Car-Mart Inc. of Rogers named Douglas Campbell president of the company Monday; he will begin Oct. 3.
Campbell will take over the role held by Jeff Williams since 2016. Williams will remain as the company’s CEO.
Car-Mart said Campbell will earn a salary of $650,000 and will receive a $500,000 signing bonus.
“Doug’s 25 years of marked successes in the automotive industry will bring new perspective to our ever-evolving work to better serve customers and communities,” Williams said. “In this current environment, outside perspective is invaluable to overcoming key challenges as we evolve our business as an integrated sales and finance company. We are delighted to add a leader of Doug’s caliber to our dedicated executive team.”
Campbell has spent the last four years in executive positions with Avis Budget Group of Parsippany, New Jersey, serving as senior vice president since 2021. He has held executive positions with AutoNation of Fort Lauderdale, Florida, and Coral Springs Auto Mall in Florida.
“Given all the change within automotive — from digitization to electrification — Car-Mart is uniquely positioned within the industry for growth within the communities they serve for years to come, regardless of the economic environment,” Campbell said. “Over the last 25 years, I have brought my passion for people and automotive to well-known brands, and I am thrilled for the opportunity to bring what I have learned to the Car-Mart team and their customers as we build for an exciting future.”