RICHMOND, Va.--(BUSINESS WIRE)--Sep. 25, 2014--
CarMax,
Inc. (NYSE: KMX), the nation’s largest retailer of used cars, today
announced the promotion of
Shamim Mohammad
to senior vice president and
chief information officer.
Shamim Mohammad
(Photo: Business Wire)
Mohammad, 45, will be responsible for the strategic use of technology
throughout the company. This includes the development and support of all
information systems, establishment of application architectures,
efficient infrastructure usage, and information security. Mohammad has
been vice president of application development and IT planning since he
joined CarMax in 2012.
Richard Smith
has served in the role of chief information officer since
2006 and was CarMax’s first associate. Smith will retire on October 10
after more than 20 years of service.
“Shamim was identified as a potential successor when he first joined
CarMax and has provided significant contributions as a technology leader
since that time,” said
Tom Folliard
, president and chief executive
officer. “I want to thank Richard for his contributions and dedication
to CarMax, and congratulate Shamim on his promotion. Richard will be
working closely with Shamim to ensure a smooth transition.”
Smith worked on the original CarMax concept in 1991 and participated in
the overall design of CarMax’s customer experience. He was instrumental
in the development of the company’s IT infrastructure and growth.
About CarMax
CarMax, a member of the FORTUNE 500 and the S&P 500, and one of the
FORTUNE “100 Best Companies to Work For” for 10 consecutive years, is
the nation’s largest retailer of used vehicles. Headquartered in
Richmond, Virginia, CarMax currently operates 140 superstores in 70
markets. The CarMax consumer offer features low, no-haggle prices, a
broad selection of CarMax Quality Certified used vehicles, and superior
customer service. During the 12 months ending February 28, 2014, the
company retailed 526,929 used cars and sold 342,576 wholesale vehicles
at our in-store auctions. For more information, access the CarMax
website at www.carmax.com.
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Source: CarMax, Inc.
Media Contact
Trina Lee, Public
Relations, (804) 747-0422 ext. 4197
Email: pr@carmax.com
Twitter:
@CarMax,
Facebook: facebook.com/CarMax
or
Investor
Contacts
Katharine Kenny, Vice President, Investor
Relations, (804) 935-4591
Celeste Gunter, Manager, Investor
Relations, (804) 935-4597