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Copart, Inc. (CPRT)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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54.35+1.14 (+2.14%)
At close: 04:00PM EDT
54.35 0.00 (0.00%)
After hours: 07:15PM EDT

Copart, Inc.

14185 Dallas Parkway
Suite 300
Dallas, TX 75254
United States
972 391 5000
https://www.copart.com

Sector(s)Industrials
IndustrySpecialty Business Services
Full-time employees12,000

Key executives

NameTitlePayExercisedYear born
Mr. Willis J. JohnsonFounder & Chairman129.45kN/A1947
Mr. A. Jayson AdairExecutive Chairman384.58kN/A1969
Mr. Jeffrey LiawCEO & Director2.01MN/A1977
Ms. Leah C. StearnsSenior Vice President & CFO837.53kN/A1981
Mr. Gavin RenfrewVice President & Chief Accounting Officer387.8k498.26k1975
Mr. Hessel VerhageChief Operating OfficerN/AN/A1972
Mr. Rama PrasadChief Technology Officer692.55kN/A1959
Mr. Paul K. KirkpatrickChief Legal Officer & SecretaryN/AN/A1971
Mr. Robert H. VannucciniChief Sales Officer593.56k567.27k1966
Mr. David KangChief Marketing OfficerN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Copart, Inc. provides online auctions and vehicle remarketing services in the United States, Canada, the United Kingdom, Brazil, the Republic of Ireland, Germany, Finland, the United Arab Emirates, Oman, Bahrain, and Spain. It offers a range of services for processing and selling vehicles over the internet through its virtual bidding third generation internet auction-style sales technology to vehicle sellers, insurance companies, banks and finance companies, charities, fleet operators, dealers, vehicle rental companies, and individuals. The company's services include online seller access, salvage estimation, estimating, end-of-life vehicle processing, transportation, vehicle inspection stations, on-demand reporting, title processing and procurement, loan payoff, flexible vehicle processing programs, buy it now, member network, sales process, and dealer services. Its services also comprise services to sell vehicles through CashForCars.com, CashForCars.ca, CashForCars.de, CashForCars.co.uk, and Cash-for-cars.ie; Copart Recycling service, which allows the public to purchase parts from salvaged and end-of-life vehicles; copart 360, an online technology for posting vehicle images that captures clear 360-degree views of interiors and exteriors of cars, trucks, and vans; membership tiers for those registering to buy vehicles through Copart.com; and virtual queue to secure a place in line while visiting one of its locations. In addition, it provides non-salvage powersport vehicle remarketing services through live and online auction platforms. The company sells its products principally to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, and exporters, as well as to the public. Copart, Inc. was incorporated in 1982 and is headquartered in Dallas, Texas.

Corporate governance

Copart, Inc.’s ISS governance QualityScore as of 1 June 2024 is 9. The pillar scores are Audit: 10; Board: 10; Shareholder rights: 2; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.