Shamim Mohammad is the Senior Vice President, Chief Information and Technology Officer at Richmond-based CarMax, the nation’s largest retailer of used cars. He leads CarMax’s technology organization and is responsible for the strategic use of technology throughout the company. He reports directly to CarMax’s CEO and is a key member of the senior executive team.
CarMax is a high-integrity customer experience company known for disrupting the automotive industry by providing customers the transparent and no-haggle experience they deserve. CarMax is disrupting the industry a second time: through technology-fueled experiences and by empowering customers to buy a car on their terms, whether that’s completely from home, in store, or a seamless combination of both. Shamim and his teams have been instrumental in CarMax’s digital transformation in all areas of the business, including bringing a true omni-channel experience to CarMax customers, developing world-class supply chain capabilities and leveraging machine learning and artificial intelligence to power the business. As a culture ambassador, Shamim is particularly proud of CarMax’s recognition as one of Fortune Magazine’s 100 Best Companies to Work For®, sixteen years in a row.
Shamim serves on the Board for the YMCA of Greater Richmond, which serves 225,000+ people across 17 locations. He also serves on the advisory boards of RVATech, CodeRVA and the VCU Information Systems department. Shamim previously served on the boards of the National Kidney Foundation (Dallas), the Society for Information Management (Dallas and Boston) and the Institute of Management Accountants (Dallas).
Shamim is a sought-after thought leader and speaker, and his work has been referenced in some of the top media outlets. Shamim has been recognized for leadership and excellence in technology. In 2020, MIT Sloan selected Shamim as the recipient of the highly respected CIO Leadership Award, which recognizes CIOs who lead their organizations to deliver exemplary levels of business value through the innovative use of technology. In 2019, Shamim was recognized as the Capital CIO of the Year by the Capital CIO Leadership Association. The UVA’s McIntire School honored Shamim with the Technology Leader award in 2019. Finally, in 2017, CarMax was recognized as one of the CIO Magazine’s Top 100 companies for innovative use of technology to drive business value.
Shamim earned his MBA from Northwestern University (Kellogg). He received his BS in Computer Science from Angelo State University. He is a registered CPA in Illinois.
A father of two college girls, Shamim enjoys travel, golf, and is passionate about improving health and education access in the United States and around the world.
What is Shamim Mohammad's net worth?
The estimated net worth of Shamim Mohammad is at least $899,835.08 as of July 26th, 2024. Mr. Mohammad owns 11,738 shares of CarMax stock worth more than $899,835 as of November 21st. This net worth estimate does not reflect any other assets that Mr. Mohammad may own. Additionally, Mr. Mohammad receives an annual salary of $1,030,000.00 as EVP at CarMax. Learn More about Shamim Mohammad's net worth.
How old is Shamim Mohammad?
Mr. Mohammad is currently 55 years old. There are 4 older executives and no younger executives at CarMax. The oldest executive at CarMax is Mr. James R. Lyski, Executive VP, Chief Innovation & Strategy Officer, who is 61 years old. Learn More on Shamim Mohammad's age.
What is Shamim Mohammad's salary?
As the EVP of CarMax, Inc., Mr. Mohammad earns $1,030,000.00 per year. There are 4 executives that earn more than Mr. Mohammad. The highest earning executive at CarMax is Mr. William D. Nash, President, CEO & Director, who commands a salary of $2,930,000.00 per year. Learn More on Shamim Mohammad's salary.
How do I contact Shamim Mohammad?
Has Shamim Mohammad been buying or selling shares of CarMax?
Shamim Mohammad has not been actively trading shares of CarMax during the last ninety days. Most recently, Mohammad Shamim sold 25,000 shares of the business's stock in a transaction on Friday, July 26th. The shares were sold at an average price of $82.26, for a transaction totalling $2,056,500.00. Following the completion of the sale, the executive vice president now directly owns 11,738 shares of the company's stock, valued at $965,567.88. Learn More on Shamim Mohammad's trading history.
Who are CarMax's active insiders?
CarMax's insider roster includes Ronald Blaylock (Director), Diane Cafritz (SVP), Jon Daniels (SVP), Thomas Folliard (Director), Edwin Hill (COO), Jill Livesay (VP), James Lyski (CMO), Eric Margolin (EVP), Enrique Mayor-Mora (CFO), Shamim Mohammad (EVP), William Nash (CEO), Darren Newberry (SVP), Thomas Reedy, Jr. (EVP), and Charles Wilson (SVP). Learn More on CarMax's active insiders.
Are insiders buying or selling shares of CarMax?
During the last twelve months, insiders at the sold shares 12 times. They sold a total of 352,303 shares worth more than $27,194,620.43. The most recent insider tranaction occured on July, 26th when EVP Mohammad Shamim sold 25,000 shares worth more than $2,056,500.00. Insiders at CarMax own 1.7% of the company.
Learn More about insider trades at CarMax. Information on this page was last updated on 7/26/2024.
