Carter Myers Automotive is an ESOP company. That means that we share ownership with our full-time associates. Shared Ownership means Shared Success, and we go by the motto "Owners Just Care More!"

We have many associates who have been with CMA for a very long time. Hear from them in the video above why they stay, and what ownership means to them.

Our Employee Stock Ownership Plan (ESOP) is a profit-sharing retirement plan that requires no investment in cash by our associates. Contributions to the plan are paid by CMA from any profits earned by the company through everyone's dedicated work.

CMA is one of the only dealer groups in the country that shares ownership with its employees. We established our Employee Stock Ownership Plan back in 1979, when ESOP was virtually unheard of. Since then our company has continued to grow. We now have 18 franchises in 25 locations throughout Virginia, West Virginia, North Carolina and Maryland. These include Richmond, Charlottesville, Williamsburg, Woodstock, Staunton and Winchester in Virginia, Martinsburg in West Virginia, Rocky Mount in North Carolina, and soon-to-be Lexington Park in Maryland.

The ESOP enables CMA associates to share in the growth and prosperity of the company and to provide an opportunity to accumulate capital for their future economic security. Our ESOP currently owns 26% of our parent company and continues to see year-over-year growth, with a 16.7% just in the past year. This is significantly higher than most public companies. 

In addition to our ESOP, CMA offers excellent benefits including health, dental and 401(k). We invest in our associates by providing the best training available as well as state-of-the art facilities and equipment. There are always opportunities for growth within the company.

If you want to have ownership in your future, send us your resume. You don't have to have automotive experience. If you are positive, dedicated, and willing to work hard, we would love to hear from you. EOE/V/D.

Karl Soloe, CMA since 1977


Beth Blalock, CMA since 1978


Simona Holloway, CMA since 1986

Robert Thomas, CMA since 1991

Chad Arnold, CMA since 2010