WASHINGTON (dpa-AFX) - Copart, Inc. (CPRT) Monday announced the appointment
of Jeff Liaw as the company's sole Chief Executive Officer and as a member of
the Board of Directors.

Liaw has been serving as Co-CEO since March 2022. In addition, Jay Adair, who
served as the company's CEO from February 2010 to February 2022 and as Co-CEO
along with Liaw since March 2022 will step down from that role.

In addition, the Board of Directors has appointed Adair as Executive Chairman,
and he will remain an active executive officer of the company in that capacity.
The above changes are effective April 1, 2024.

Liaw joined Copart in 2016 as Chief Financial Officer (CFO) and was promoted to
President in 2019. Liaw was named Copart's CEO North America in February of 2021
and Co-CEO in March of 2022.

Commenting on Jeff's appointment, Willis Johnson, who will remain Chairman of
the Board of Directors, said: 'Today's appointment of Jeff as CEO recognizes his
significant contributions to Copart over the last eight years and the board's
confidence in him to lead Copart into the future. Jay's thoughtful succession
planning has positioned Copart to seamlessly transition leadership
responsibilities, while continuing our tireless pursuit of delivering
outstanding outcomes to our customers.'



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