America’s Car-Mart CEO Sees Compensation Drop
Doug Campbell, CEO of America’s Car-Mart Inc. of Rogers (Nasdaq: CRMT), had a significant decrease in his total compensation in fiscal 2025, according to a proxy statement the company filed with the U.S. Securities & Exchange Commission.
Campbell earned total compensation of $1.55 million, far less than the $8.4 million he earned in 2024. Campbell’s salary was $800,000 in 2025, up from $730,769 in 2024.
The major reasons for the drop were that Campbell received no stock awards or stock options in 2024 after receiving more than $7 million in 2024. Campbell did receive $700,797 in incentive plan compensation in 2025 after earning $460,000 in 2024.
America’s Car-Mart reported fiscal revenue of $1.39 billion in 2025, down approximately $3 million from the year before. Fiscal income was $17.9 million, up from a loss of $31.4 million in 2024.
America’s Car-Mart said it had 4,106 employees, all in the U.S., earning a median compensation of $52,747 in 2025, the same as a year ago. That is a CEO pay ratio of 28 to 1 based on Campbell’s total compensation.
Vickie Judy, the company’s long-time chief financial officer who became chief accounting officer in May, received total compensation of $920,643 in 2025, up from $633,239. Judy’s salary was $442,00, up from $429,238, and she received $152,942 in stock awards and $287,652 in incentive plan compensation, compared to $152,490 the year before, as part of her move into a new position.
Jonathan Collins replaced Judy as CFO in May 2025 but his total compensation was not a part of the proxy, which covers the fiscal year that ended April 30. The company said his annual salary was $450,000.
Jamie Fischer, who became COO in October 2024, received total compensation of $1.05 million in fiscal 2025, her first as a named executive. Fischer’s salary was $218,462 and she received a $100,000 bonus, $400,009 in stock awards and $240,563 in incentive plan compensation.
The company announced its shareholders meeting would be held at 8 a.m. Sept. 25 at the company’s headquarters in Rogers. The agenda includes the election of nine board members, an advisory vote on executive compensation and a vote to ratify Grant Thornton LLP as its independent public accounting firm.
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