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Copart's Overview

Total employees4757
HeadquartersDallas
Founded1982

Copart Inc. is a global leader in online vehicle auctions and a premier destination for vehicle remarketing. Founded in 1982 by Willis J. Johnson, Copart connects buyers and sellers around the world through its patented VB3 (Virtual Bidding – The Third Generation) auction technology. The company provides vehicle sellers with a full range of services to process and sell vehicles primarily to licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, and exporters. Copart's extensive inventory includes cars, trucks, motorcycles, boats, RVs, and industrial equipment, sourced from insurance companies, banks, finance companies, fleet operators, dealers, and charities. With operations in numerous countries, Copart facilitates millions of vehicle sales annually.

Where is Copart's Headquarters?

HQ Function

Serves as the central hub for Copart's global operations, including executive leadership, corporate strategy, finance, technology development (VB3 platform), legal, and marketing efforts that support its worldwide online vehicle auction business.

Notable Features:

Modern office space located in the prominent Dallas North Tollway corridor, known for housing major corporate HQs. Features state-of-the-art technology infrastructure to support its global online auction platform.

Work Culture:

A fast-paced, innovative, and technology-driven environment. Emphasis on customer service, operational excellence, and leveraging data to drive business decisions. Fosters a collaborative atmosphere focused on growth and global expansion.

HQ Significance:

The Dallas HQ is crucial for centralizing Copart's strategic decision-making and coordinating its expansive international operations. Its location in a major business hub like Dallas provides access to talent and business resources.

Values Reflected in HQ: The HQ likely reflects values such as innovation (through technology focus), global reach (coordinating international teams), and efficiency (streamlined corporate functions).

Location:

Copart operates in 11 countries, including the United States, Canada, the United Kingdom, Germany, Ireland, Brazil, Spain, the United Arab Emirates, Bahrain, Oman, and Finland. Its global presence is supported by hundreds of physical locations for vehicle storage and processing, all connected through its robust online auction platform, VB3. This allows Copart to serve a global buyer base, offering vehicles from various international markets and supporting cross-border vehicle transactions. Functions supported globally include vehicle intake, inspection, storage, marketing, online bidding, payment processing, and vehicle dispatch.

Street Address:

14185 Dallas Parkway, Suite 400

City:

Dallas

State/Province:

Texas

Country:

United States

Copart's Global Presence

Wootton, Bedfordshire, United Kingdom

Address: Acrey Fields, Woburn Road, Wootton, Bedfordshire, MK43 9EJ, UK

Manages and expands Copart's presence in the UK and European markets, adapting Copart's global auction model to local regulations and market demands. Focuses on providing remarketing services to the UK automotive and insurance industries.

Vallejo, California, USA

Address: 7000 Benicia Rd, Vallejo, CA 94591, USA

Serves as a key operational hub for vehicle intake, auction preparation, and local customer support in a major U.S. automotive market. Supports Copart's extensive network within California.

Buying Intent Signals for Copart

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Copart

As of April 2025, Copart' leadership includes:

Jeff Liaw - Chief Executive Officer
Leah Stearns - Executive Vice President and Chief Financial Officer
Steve Powers - Chief Operating Officer, Global
Rama Prasad - Global Chief Technology Officer
A. Jayson Adair - Chairman of the Board

Investors of Copart

Copart has been backed by several prominent investors over the years, including:

Copart is a publicly traded company (NASDAQ: CPRT). Major institutional investors include:
The Vanguard Group, Inc.
BlackRock, Inc.
State Street Corporation
Fidelity Management & Research Company (FMR Co. LLC)
Wasatch Advisors LP

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits1

Copart experienced a key leadership transition in its finance department with the retirement of its long-serving CFO and the subsequent appointment of a new EVP and CFO in early 2024. Other top executive roles have seen stability.

Departures

Jeffrey Varner, Jeffrey Varner retired as Chief Financial Officer. Scott Booker served as interim CFO until Leah Stearns' appointment.

New Appointments:

Leah Stearns, Leah Stearns appointed as EVP and CFO, bringing extensive financial leadership experience.

Technology (Tech Stack) used by Copart

Discover the tools Copart uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Copart Email Formats and Examples

Copart primarily utilizes the [first].[last]@copart.com email format for its employees. This is the most common structure, though variations might exist for specific roles or legacy accounts.

[first].[last]@copart.com

Format

jane.doe@copart.com

Example

85%

Success rate

News and media

Yahoo Finance / GlobeNewswireMay 22, 2024

Copart Reports Third Quarter Fiscal 2024 Results

Copart announced its financial results for the third quarter of fiscal 2024, reporting global unit sales growth of 8.4% and revenue growth of 10.1% to $1.1 billion. The company highlighted strong performance in both its U.S. and international segments....more

PR NewswireFebruary 13, 2024

Copart Expands Operations in Colorado with New Denver East Location

Copart announced the expansion of its operations in Colorado with a new 40-acre facility in Aurora, referred to as Denver East. This expansion is aimed at better serving the growing Denver metropolitan area and surrounding communities, providing increased capacity for vehicle processing and auctions....more

GlobeNewswireJanuary 23, 2024

Copart Names Leah Stearns as Chief Financial Officer

Copart announced the appointment of Leah Stearns as its new Executive Vice President and Chief Financial Officer, effective March 4, 2024. Ms. Stearns brings over 20 years of financial leadership experience to the role....more

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