CarMax 2016 Annual Report Download - page 22
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Please find page 22 of the 2016 CarMax annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.18
Mr. Mohammad joined CarMax in 2012 as vice president of application development and IT planning. In 2014 he was promoted
to senior vice president and chief information officer. Prior to joining CarMax, Mr. Mohammad was vice president of information
technology at BJ’s Wholesale Club from 2006 to 2012 and held various positions at Blockbuster and TravelCLICK.
Management Succession
As the culmination of a multi-year management succession plan, on February 1, 2016, Mr. Nash, formerly executive vice president,
human resources and administrative services, was promoted to president of CarMax and Mr. Wood, formerly executive vice
president, stores, was promoted to executive vice president and chief operating officer of CarMax.
Mr. Folliard will continue as CarMax’s chief executive officer until his retirement, expected to occur prior to the end of 2016, at
which time it is anticipated that Mr. Nash will assume the role of CEO. The Board expects to appoint Mr. Folliard as non-executive
chairman of the Board following his retirement.