Copart, Inc. Announces Senior Leadership Appointments: Chief Operating Officer, Chief Marketing & Product Officer, & Chief Fi...
October 05 2020 - 6:23PM
Business Wire
Copart, Inc. (NASDAQ:CPRT) is pleased to announce the
appointment of three new members to its senior executive leadership
team: Chief Operating Officer Steve Powers, Chief Marketing and
Product Officer Scott Booker, and Chief Financial Officer John
North. All three executives will work from Copart’s global
headquarters in Dallas, Texas and will report to Copart President
Jeff Liaw.
Steve Powers, Chief Operating Officer
Steve Powers, previously Copart’s Eastern Division VP of
Operations, was recently promoted to become Copart’s COO. Steve
leads Copart’s operations team, consisting of over 5,000 employees
across more than 200 locations, optimizing processes and technology
to ensure excellent service for Copart’s customers and members.
Following more than 15 years with New England Recovery (NER),
Steve Powers joined Copart in 1995 when the company acquired NER.
He has served as Copart’s VP of Operations since 2010, and succeeds
Sean Eldridge as COO, who recently retired after a 30-year career
with the company.
Scott Booker, Chief Marketing and Product Officer
Scott Booker joined Copart as CMO and CPO. Scott leads Copart’s
efforts to recruit, retain, empower, and serve the company’s global
member network via robust and strategic web, promotional, public
relations, creative and international marketing campaigns. In his
product leadership role, Scott is responsible for evaluating,
building, and enhancing Copart’s product portfolio.
Booker has extensive prior experience as a senior marketing and
product leader with established technology companies and start-ups
alike. He previously served as President of Hotels.com and CEO of
Healthgrades, among other senior leadership positions with Internet
marketplace enterprises.
John North, Chief Financial Officer
John North joins Copart as CFO. North will lead Copart’s finance
and accounting functions to help enable the company’s ongoing
profitable growth.
North has extensive public company experience in related
industries. Most recently, North served as the CFO of Avis Budget
Group, a Fortune 500 global vehicle rental company. Prior to
serving as Avis CFO, he spent 17 years in various leadership
positions at Lithia Motors, a Fortune 500 automotive retailer,
including as CFO and Chief Accounting Officer.
Jeff Liaw said: “I’m delighted to appoint these three
exceptional leaders to their new positions. Steve Powers has served
Copart and its predecessor companies for almost 40 years and brings
unmatched experience and insight to our operations. He is a
respected leader, among our own team as well as with our customers
and members. We also extend our gratitude to Sean Eldridge, who has
recently retired after his own exceptional 30-year journey with
Copart.”
He added: “I’m equally excited about appointing Scott and John
to their new positions. Scott brings extensive experience in the
highly competitive travel marketplace business to help shape our
future as we continue to build and enhance our global platform.
John likewise brings relevant experience to his new role as CFO,
most recently serving as global CFO of a complex vehicle rental
business, as well as his many years serving as CFO of a high-growth
automotive retailer. For both Scott and John, their functional
experience in complex global businesses, combined with their
analytical rigor and leadership skills, will help enable us to
achieve our growth ambitions.”
About Copart
Copart, Inc., founded in 1982, is a global leader in online
vehicle auctions. Copart’s innovative technology and online auction
platform links sellers to more than 750,000 Members in over 170
countries. The company offers services to process and sell salvage
and clean title vehicles to dealers, dismantlers, rebuilders,
exporters and, in some cases, to end users. Copart sells vehicles
on behalf of insurance companies, banks, finance companies,
charities, fleet operators, dealers, and individual owners. With
operations at over 200 locations in 11 countries, Copart has more
than 125,000 vehicles available online every day. Copart currently
operates in the United States (Copart.com), Canada (Copart.ca), the
United Kingdom (Copart.co.uk), the Republic of Ireland (Copart.ie),
Brazil (Copart.com.br), Germany (Copart.de), the United Arab
Emirates, Oman and Bahrain (Copartmea.com), Spain (Copart.es), and
Finland (AVK.fi). For more information, or to become a Member,
visit Copart.com/Register.
Cautionary Note About Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of federal securities laws, and these forward-looking
statements are subject to substantial risks and uncertainties.
These forward-looking statements are subject to certain risks,
trends and uncertainties that could cause actual results to differ
materially from those projected or implied by our statements and
comments. For a more complete discussion of the risks that could
affect our business, please review the “Management's Discussion and
Analysis” and the other risks identified in Copart’s latest Annual
Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current
Reports on Form 8-K, as filed with the Securities and Exchange
Commission. We encourage investors to review these disclosures
carefully. We do not undertake to update any forward-looking
statement that may be made from time to time on our behalf.
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version on businesswire.com: https://www.businesswire.com/news/home/20201005005953/en/
Michael Stewart michael.stewart@copart.com 972-391-5077
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