Sam Mahrouq serves as Chairman and Chief Executive Officer of ikon Technologies, a vertical expansion of his sprawling business products and services in the automotive industry. This innovative company is only one of his entrepreneurial enterprises organized into the MEI Group (Mahrouq Enterprises International). Under this business umbrella are 11 car dealerships, a prominent Dollar Rent-a-Car franchise, and MEI Auto Finance.
Sam is a 1991 graduate of the University of Texas at Arlington School of Business, choosing the university for what he terms a superior and practical education. While attending school, he sold his vehicle to an individual who was overjoyed with his customer service and price. His business acumen showed him that selling used automobiles was fruitful and, in many ways, helpful to others. Before too long, he was selling used vehicles in Texas, and all over the world, quickly making a name for himself in the automotive industry.
Sam credits his successes to always adhering to best practices, looking for the win-win, and not exploiting others. He believes in giving back to the community. He has funded the $500,000 UTA School of Business Financial Markets Lab and continues to be involved in his alma mater by volunteering. Most recently, he was named to the Board of UTA’s Center for Entrepreneurship and Economic Innovation.
ikon Technologies is the proud recipient of several awards and accolades for its innovations and contributions under Sam’s leadership over the years. In 2020, ikon was named one of The Silicon Review’s 50 Most Innovative Companies to Watch in 2020. It was also named one of CIO Review’s Most Promising Automotive Solution Providers of 2020.