Copart, Inc. (CPRT)

About Copart, Inc. (CPRT)

Company Description:


Copart, Inc. offers a variety of online services and technologies for the automotive industry, specializing in the remarketing of vehicles through its virtual bidding internet auction-style sales technology. It provides vehicle sellers with a full range of services to process and sell vehicles over the internet through its Virtual Bidding Third Generation (VB3) technology.

Founded by Willis J. Johnson in 1982, Copart started as a single salvage yard in California. Today, it is headquartered in Dallas, Texas, United States, and operates in multiple countries, providing global service to its customers.


Main Product(s):


Copart's primary service is providing online vehicle auction and remarketing services to automotive resellers, including insurance companies, banks, fleet operators, dealers, and vehicle rental companies.


Short History of Copart, Inc.:


  • 1982 – Copart was founded by Willis J. Johnson in Vallejo, California.
  • 1994 – The company went public and began trading on the NASDAQ.
  • 2003 – Launched its VB2 online auction technology.
  • 2010 – Expansion into the international market with operations in the UK and Canada.
  • 2016 – Continued global expansion with acquisitions in Germany and Spain.

Key Executives:

NameTitlePayExercisedYear Born
Mr. Willis J. JohnsonFounder & Executive Chairman129.45kN/A1947
Mr. A. Jayson AdairCo-CEO & Director384.58kN/A1969
Mr. Jeffrey LiawCo-Chief Executive Officer2.01MN/A1977
Ms. Leah C. StearnsSenior Vice President & CFO837.53kN/A1981
Mr. Gavin RenfrewVice President & Chief Accounting Officer387.8k498.26k1975
Mr. Steve PowersChief Operating OfficerN/AN/AN/A
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. Scott BookerChief Marketing Officer & Chief Product OfficerN/AN/AN/A

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