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Copart, Inc. (CPRT)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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64.24-1.46 (-2.22%)
At close: 04:00PM EST
63.24 -1.00 (-1.56%)
After hours: 07:59PM EST

Copart, Inc.

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

Sector(s)Consumer Cyclical
IndustryAuto & Truck Dealerships
Full-time employees9,500

Key executives

NameTitlePayExercisedYear born
Mr. Willis J. JohnsonFounder & Exec. Chairman87.35kN/A1947
Mr. A. Jayson AdairCo-CEO & Director265.13kN/A1969
Mr. Jeffrey LiawCo-Chief Exec. Officer1.67MN/A1977
Mr. Gavin RenfrewInterim Principal Financial Officer & Interim Principal Accounting OfficerN/AN/A1975
Mr. Steve PowersChief Operating OfficerN/AN/AN/A
Mr. Rama PrasadChief Technology OfficerN/AN/A1959
Mr. Gregory R. DepasqualeChief Legal Officer, Sr. VP, Gen. Counsel & Sec.N/AN/AN/A
Mr. Robert H. VannucciniChief Sales OfficerN/AN/A1966
Mr. Scott BookerChief Marketing Officer & Chief Product OfficerN/AN/AN/A
Mr. Nigel PagetManaging Director of UKN/AN/AN/A
Amounts are as of 31 December 2022, 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; 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; 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. 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 December 2022 is 10. The pillar scores are Audit: 8; Board: 10; Shareholder rights: 2; Compensation: 10.

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.