Shamim Mohammad, CarMax Chief Information and Technology Officer, Named to CIO Hall of Fame
08 Agosto 2024 - 10:00AM
CarMax, Inc. (NYSE: KMX), announces EVP and Chief Information and
Technology Officer, Shamim Mohammad, was inducted into the
prestigious CIO Hall of Fame during the 2024 CIO 100 Symposium in
Colorado Springs, Colorado, on August 7. As one of 12 inductees,
Shamim joins an elite group of CIOs who have significantly
contributed to and profoundly influenced the technology profession
while advancing the CIO role. The CIO Hall of Fame and the CIO 100
Symposium are organized and managed by CIO.com, the leading
resource and publication for CIOs globally.
“This is an incredible honor, and I am truly humbled to be
inducted into the CIO Hall of Fame. This recognition wouldn’t be
possible without the excellence and dedication of the entire CarMax
Technology team and the many professionals I’ve been fortunate to
work with in my career. At CarMax, our entrepreneurial teams drive
innovation to continually enhance the associate and customer
experience and drive our competitive advantage. Technology has
truly transformed our company, and I am excited for CarMax’s future
as we continue to harness new technologies.”
With a technology career spanning over three decades, Shamim is
recognized for his strategic leadership, visionary thinking, and
groundbreaking innovation. He has served in senior leadership roles
in both successful startups and Fortune 500 companies. Shamim was
promoted to CIO in 2014 and was instrumental in CarMax’s digital
transformation to an industry-leading omnichannel retailer,
offering a personalized, convenient, and digital experience for
customers to buy cars on their terms – online, in-store, or a
seamless integration of both. He also helped transform CarMax’s
technology and product functions from a project-centric approach to
a product-oriented, nimble, digital organization, enabling CarMax
to innovate at scale.
CarMax CEO Bill Nash said, “Shamim’s tireless commitment to
innovation has positioned the company as a trailblazer in the
ever-changing digital landscape. He is known for cultivating a
high-performing, entrepreneurial team and growing talent by
fostering a culture of learning and innovation. Shamim is truly a
transformative leader.”
In 2023, CarMax was recognized as a CIO 100 award winner for
pioneering the adoption of generative AI to drive substantial
business results and innovation. In 2021, Forbes featured Mohammad
as one of the top 50 CIOs in the nation who are driving
game-changing innovation. And, in 2020, MIT Sloan selected him as
the recipient of the CIO Leadership Award, which recognizes one CIO
from around the world who leads their organizations to deliver
exemplary levels of business value through innovative use of
technology.
About CarMax
CarMax, the nation’s largest retailer of used autos,
revolutionized the automotive retail industry by driving integrity,
honesty and transparency in every interaction. The company offers a
truly personalized experience with the option for customers to do
as much, or as little, online and in-store as they want. During the
fiscal year that ended February 29, 2024, CarMax sold approximately
770,000 used vehicles and 550,000 wholesale vehicles at its
auctions. In addition, CarMax Auto Finance originated more than $8
billion in receivables during fiscal 2024, adding to its more than
$17 billion portfolio. CarMax has 245 store locations, nearly
30,000 associates, and is proud to have been recognized for 20
consecutive years as one of the Fortune 100 Best Companies to Work
For®. CarMax is committed to making a positive impact on people,
communities and the environment. Learn more in the 2024
Responsibility Report. For more information, visit
www.carmax.com.
Public Relations
CarMax
(855) 887-2915
PR@CarMax.com
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