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Shamim Mohammad, CarMax Chief Information and Technology Officer, Named to CIO Hall of Fame

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CarMax (NYSE: KMX) announced that its EVP and Chief Information and Technology Officer, Shamim Mohammad, was inducted into the CIO Hall of Fame on August 7, 2024. This prestigious recognition, organized by CIO.com, honors CIOs who have significantly influenced the technology profession and advanced the CIO role. Mohammad, with a career spanning over three decades, played a important role in CarMax's digital transformation to an industry-leading omnichannel retailer.

Under Mohammad's leadership, CarMax transformed its technology and product functions, enabling innovation at scale. His achievements include implementing a product-oriented, nimble digital organization and pioneering the adoption of generative AI for business results. Mohammad's contributions have earned him recognition from Forbes and MIT Sloan, highlighting his impact on CarMax's technological advancements and competitive advantage in the automotive retail industry.

CarMax (NYSE: KMX) ha annunciato che il suo EVP e Chief Information and Technology Officer, Shamim Mohammad, è stato inserito nella CIO Hall of Fame il 7 agosto 2024. Questo prestigioso riconoscimento, organizzato da CIO.com, onora i CIO che hanno influenzato in modo significativo la professione tecnologica e avanzato il ruolo del CIO. Mohammad, con una carriera che si estende per oltre tre decenni, ha giocato un ruolo importante nella trasformazione digitale di CarMax in un rivenditore omnicanale leader del settore.

Sotto la guida di Mohammad, CarMax ha trasformato le sue funzioni tecnologiche e di prodotto, abilitando l'innovazione su larga scala. I suoi successi includono l'implementazione di un organizzazione digitale orientata al prodotto e agile e la pionieristica adozione dell'AI generativa per risultati aziendali. I contributi di Mohammad gli hanno valso riconoscimenti da parte di Forbes e MIT Sloan, evidenziando il suo impatto sui progressi tecnologici di CarMax e sul suo vantaggio competitivo nel settore del commercio al dettaglio automobilistico.

CarMax (NYSE: KMX) anunció que su EVP y Chief Information and Technology Officer, Shamim Mohammad, fue incluido en el CIO Hall of Fame el 7 de agosto de 2024. Este prestigioso reconocimiento, organizado por CIO.com, honra a los CIO que han influido significativamente en la profesión tecnológica y avanzado en el rol de CIO. Mohammad, con una carrera que abarca más de tres décadas, desempeñó un papel importante en la transformación digital de CarMax hacia un minorista omnicanal líder en la industria.

Bajo el liderazgo de Mohammad, CarMax transformó sus funciones tecnológicas y de producto, permitiendo la innovación a gran escala. Sus logros incluyen la implementación de una organización digital ágil y orientada a productos y la adopción pionera de IA generativa para resultados comerciales. Las contribuciones de Mohammad le han valido reconocimiento de Forbes y MIT Sloan, destacando su impacto en los avances tecnológicos de CarMax y su ventaja competitiva en la industria del comercio minorista automotriz.

CarMax (NYSE: KMX)는 그 EVP이자 최고 정보 및 기술 책임자인 Shamim Mohammad가 2024년 8월 7일 CIO Hall of Fame에 헌액되었다고 발표했습니다. 이 권위 있는 상은 CIO.com에서 주관하며, 기술 직업에 중대한 영향을 미치고 CIO 역할을 발전시킨 CIO들을 기립니다. Mohammad는 30년이 넘는 경력을 가진 인물로, CarMax의 디지털 혁신에 중요한 역할을 했습니다.

Mohammad의 리더십 아래, CarMax는 기술 및 제품 기능을 혁신하여 대규모 혁신을 가능하게 했습니다. 그의 성과에는 제품 중심의 민첩한 디지털 조직을 구현하고 비즈니스 결과를 위한 생성적 AI의 채택을 선도한 것이 포함됩니다. Mohammad의 기여는 Forbes와 MIT Sloan로부터의 인정으로 이어졌으며, CarMax의 기술 발전과 자동차 소매 산업에서의 경쟁 우위에 미친 그의 영향을 강조합니다.

CarMax (NYSE: KMX) a annoncé que son EVP et directeur de l'information et de la technologie, Shamim Mohammad, a été intronisé au CIO Hall of Fame le 7 août 2024. Cette reconnaissance prestigieuse, organisée par CIO.com, honore les CIO qui ont eu une influence significative sur la profession technologique et ont fait avancer le rôle de CIO. Mohammad, avec une carrière de plus de trois décennies, a joué un rôle important dans la transformation numérique de CarMax en un détaillant omnicanal leader dans l'industrie.

Sous la direction de Mohammad, CarMax a transformé ses fonctions technologiques et de produits, permettant ainsi l'innovation à grande échelle. Ses réalisations comprennent la mise en place d'une organisation numérique agile et axée sur les produits et le lancement de l'adoption de l'IA générative pour des résultats commerciaux. Les contributions de Mohammad lui ont valu des reconnaissances de Forbes et de MIT Sloan, mettant en avant son impact sur les avancées technologiques de CarMax et son avantage concurrentiel dans l'industrie du commerce automobile.

CarMax (NYSE: KMX) gab bekannt, dass sein EVP und Chief Information and Technology Officer, Shamim Mohammad, am 7. August 2024 in die CIO Hall of Fame aufgenommen wurde. Diese prestigeträchtige Auszeichnung, die von CIO.com organisiert wird, ehrt CIOs, die erheblichen Einfluss auf den Technologiesektor hatten und die Rolle des CIOs weiterentwickelt haben. Mohammad, der auf eine Karriere von über drei Jahrzehnten zurückblicken kann, spielte eine wichtige Rolle in der digitalen Transformation von CarMax zu einem führenden Omnichannel-Händler.

Unter Mohammad's Leitung hat CarMax seine Technologie- und Produktfunktionen transformiert, wodurch Innovationen in großem Maßstab ermöglicht wurden. Zu seinen Errungenschaften gehört die Implementierung einer produktorientierten, agilen digitalen Organisation sowie die Pionierarbeit bei der Einführung von generativer KI für Geschäftsergebnisse. Mohammads Beiträge haben ihm Anerkennung von Forbes und MIT Sloan eingebracht und heben seinen Einfluss auf die technologischen Fortschritte von CarMax und seinen Wettbewerbsvorteil in der Automobilhandel-Branche hervor.

Positive
  • Shamim Mohammad's induction into the CIO Hall of Fame enhances CarMax's reputation in technology leadership
  • CarMax's successful digital transformation to an omnichannel retailer under Mohammad's guidance
  • Implementation of a product-oriented, nimble digital organization enabling innovation at scale
  • Recognition as a CIO 100 award winner for pioneering generative AI adoption in 2023
  • Mohammad's leadership has positioned CarMax as a trailblazer in the digital landscape
Negative
  • None.

Recognized for career accomplishments, including CarMax’s innovation and digital transformation efforts

RICHMOND, VA, Aug. 08, 2024 (GLOBE NEWSWIRE) -- 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.


FAQ

What recognition did CarMax's CIO Shamim Mohammad receive in 2024?

Shamim Mohammad, CarMax's EVP and Chief Information and Technology Officer, was inducted into the CIO Hall of Fame during the 2024 CIO 100 Symposium on August 7, 2024.

How has Shamim Mohammad contributed to CarMax's (KMX) digital transformation?

Mohammad was instrumental in transforming CarMax into an industry-leading omnichannel retailer, offering a personalized, convenient, and digital experience for customers to buy cars online, in-store, or through a seamless integration of both.

What notable achievement did CarMax (KMX) receive in 2023 related to AI?

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.

How has Shamim Mohammad's leadership impacted CarMax's (KMX) technology approach?

Mohammad helped transform CarMax's technology and product functions from a project-centric approach to a product-oriented, nimble, digital organization, enabling the company to innovate at scale.

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