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Shamim Mohammad net worth and biography

Shamim Mohammad Biography and Net Worth

EVP of CarMax
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 $610,234.71 as of July 18th, 2022. Mr. Mohammad owns 8,769 shares of CarMax stock worth more than $610,235 as of December 5th. This net worth estimate does not reflect any other assets that Mr. Mohammad may own. Additionally, Mr. Mohammad receives an annual salary of $1,530,000.00 as EVP at CarMax. Learn More about Shamim Mohammad's net worth.

How old is Shamim Mohammad?

Mr. Mohammad is currently 53 years old. There are 3 older executives and no younger executives at CarMax. The oldest executive at CarMax is Mr. James R. Lyski, Exec. VP & Chief Marketing Officer, who is 59 years old. Learn More on Shamim Mohammad's age.

What is Shamim Mohammad's salary?

As the EVP of CarMax, Inc., Mr. Mohammad earns $1,530,000.00 per year. There are 3 executives that earn more than Mr. Mohammad. The highest earning executive at CarMax is Mr. William D. Nash, Pres, CEO & Director, who commands a salary of $5,040,000.00 per year. Learn More on Shamim Mohammad's salary.

How do I contact Shamim Mohammad?

The corporate mailing address for Mr. Mohammad and other CarMax executives is 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA, 23238. CarMax can also be reached via phone at (804) 747-0422 and via email at [email protected] Learn More on Shamim Mohammad's contact information.

Has Shamim Mohammad been buying or selling shares of CarMax?

Shamim Mohammad has not been actively trading shares of CarMax in the last ninety days. Most recently, Mohammad Shamim sold 3,456 shares of the business's stock in a transaction on Monday, July 18th. The shares were sold at an average price of $93.91, for a transaction totalling $324,552.96. Following the completion of the sale, the executive vice president now directly owns 8,769 shares of the company's stock, valued at $823,496.79. 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 3 times. They sold a total of 37,103 shares worth more than $3,445,846.73. The most recent insider tranaction occured on July, 21st when EVP Diane L Cafritz sold 15,555 shares worth more than $1,473,836.25. Insiders at CarMax own 1.7 % of the company. Learn More about insider trades at CarMax.

Information on this page was last updated on 7/21/2022.

Shamim Mohammad Insider Trading History at CarMax

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
7/18/2022Sell3,456$93.91$324,552.968,769View SEC Filing Icon  
7/21/2021Sell22,434$135.64$3,042,947.7631,954View SEC Filing Icon  
7/15/2021Sell26,097$131.11$3,421,577.67View SEC Filing Icon  
7/26/2019Sell13,894$90.39$1,255,878.6616,718View SEC Filing Icon  
6/25/2019Sell15,782$83.88$1,323,794.1618,606View SEC Filing Icon  
10/1/2018Sell34,142$74.16$2,531,970.72View SEC Filing Icon  
6/27/2018Sell8,556$75.44$645,464.647,155View SEC Filing Icon  
10/4/2017Sell1,300$76.10$98,930.00View SEC Filing Icon  
7/28/2017Sell13,938$66.08$921,023.049,218View SEC Filing Icon  
1/4/2017Sell30,404$67.02$2,037,676.087,216View SEC Filing Icon  
10/5/2015Sell2,676$60.21$161,121.96View SEC Filing Icon  
5/11/2015Sell5,491$71.69$393,649.79View SEC Filing Icon  
4/9/2015Sell6,723$73.72$495,619.56View SEC Filing Icon  
12/23/2014Sell10,116$67.66$684,448.56View SEC Filing Icon  
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Shamim Mohammad Buying and Selling Activity at CarMax

This chart shows Mohammad Shamim's buying and selling at CarMax by year and by quarter.

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CarMax Company Overview

CarMax logo
CarMax, Inc., together with its subsidiaries, operates as a retailer of used vehicles in the United States. The company operates through two segments, CarMax Sales Operations and CarMax Auto Finance. It offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles, as well as hybrid and electric vehicles; and extended protection plans to customers at the time of sale, as well as sells vehicles that are approximately 10 years old and has more than 100,000 miles through wholesale auctions. The company also provides reconditioning and vehicle repair services; and financing alternatives for retail customers across a range of credit spectrum through its CarMax Auto Finance and arrangements with various financial institutions. As of February 28, 2022, it operated approximately 230 used car stores. CarMax, Inc. was founded in 1993 and is based in Richmond, Virginia.
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Today's Range

Now: $69.59
Low: $67.14
High: $69.76

50 Day Range

MA: $65.97
Low: $55.69
High: $86.42

2 Week Range

Now: $69.59
Low: $54.85
High: $152.28


1,307,400 shs

Average Volume

1,833,067 shs

Market Capitalization

$11.00 billion

P/E Ratio


Dividend Yield



Q4 Earnings Announcements…
That’s right… Q4 earnings announcements are coming… And these five microcap stocks appear to be in an excellent position to see a surge in share price.
>>> Click here to see all 5 stocks