Used car chain, CarMax, has elected Rakesh Gangwal and Mitchell Steenrod to its board of directors, bringing its total board membership to 13. Both individuals initially will serve on the audit committee.

During his more than 25-year career in the travel and technology fields, Gangwal has held several executive roles and directorships at domestic and foreign companies. From 2003 to 2007, he was chairman, president and chief executive officer of Worldspan Technologies, a travel technology services provider for travel suppliers, travel agencies, e-commerce sites and corporations worldwide. Prior to Worldspan, Gangwal served as CEO of US Airways Group from 1998 to 2001, after a two-year tenure as president and chief operating officer of US Airways. In addition, he is a co-founder of IndiGo, India's largest low-fare airline.

Steenrod has been the senior vice president, chief financial officer of Pilot Flying J, a privately-held travel center company, since 2004 and took on the additional role of chief information officer in 2006. Steenrod joined Pilot Travel Centers when it was formed in 2001 as a joint venture of Pilot Corporation and Marathon Ashland Petroleum. Previously, he spent 12 years with Marathon Oil Company and Marathon Ashland Petroleum in a variety of positions of increasing responsibility in accounting, general management and marketing.