Copart Announces Appointment of Jeffrey Liaw as Chief Financial Officer, Effective January 4, 2016
24 November 2015 - 9:07AM
Business Wire
Copart, Inc. (NASDAQ:CPRT) today reported that Jeffrey Liaw has
agreed to become Copart's Senior Vice President of Finance and
Chief Financial Officer, effective January 4, 2016. William
Franklin, currently Copart's Executive Vice President and Chief
Financial Officer, will continue his role as Executive Vice
President responsible for U.S. operations and shared services.
Mr. Liaw has served as the Chief Financial Officer of
FleetPride, Inc., a privately held company that distributes truck
and trailer parts nationwide, since January 2013. From August 2005
to December 2012, Mr. Liaw was a principal of TPG Capital
Management, L.P., a private equity firm. Mr. Liaw earned his B.A.
and B.B.A. from the University of Texas in 1999, and he earned his
M.B.A. from Harvard University in 2005.
About Copart
Copart, founded in 1982, provides vehicle sellers with a full
range of remarketing services to process and sell salvage and clean
title vehicles to dealers, dismantlers, rebuilders, exporters and,
in some locations, to end users. Copart remarkets the vehicles
through Internet sales utilizing its VB3 technology. Copart sells
vehicles on behalf of insurance companies, banks, finance
companies, fleet operators, dealers, car dealerships and others as
well as cars sourced from the general public. The company currently
operates in the United States, Canada, the United Kingdom, the
United Arab Emirates, Oman, Bahrain, India, Brazil, Germany, and
Spain.
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: http://www.businesswire.com/news/home/20151123006309/en/
Copart, Inc.Christopher M. Smith, 972-391-5021Senior Analyst,
Office of the Chief Financial
Officerchristopher.smith3@copart.com
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