Copart appoints Leah Stearns as CFO effective Dec 5, 2022

COPART INC

Leah Stearns, age 42, appointed SVP and CFO; succeeds Gavin Renfrew who returns to VP of global accounting.
Compensation includes $550,000 base salary, $450,000 target annual cash bonus.
Equity awards: 60,000 RSUs (5-yr vest), 30,000 service options, 150,000 performance options (125% price hurdle).
Stearns previously CFO of CBRE Group and held senior roles at American Tower and EQT Partners.

item 5.02 item 9.01

Executive movements

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Appointed

Leah C. Stearns

senior vice president and chief financial officer

CPRT · COPART INC

Effective: 2022-12-05
Filed: December 5, 2022, 6:59 PM ET

On December 1, 2022, the Board of Directors of Copart, Inc. (the “Company”) appointed Leah C. Stearns, age 42, as the Company's senior vice president and chief financial officer, effective as of December 5, 2022.

Role change

Gavin Renfrew

vice president for global accounting

CPRT · COPART INC

Effective: 2022-12-05
Successor: Leah C. Stearns
Filed: December 5, 2022, 6:59 PM ET

Upon Ms. Stearns' commencement of employment with the Company, Gavin Renfrew, currently serving as principal financial officer, will continue his role as the Company’s vice president for global accounting.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Leah C. Stearns was appointed as senior vice president and chief financial officer at COPART INC.

Action: appointed
Role: senior vice president and chief financial officer

Exact text from the filing

On December 1, 2022, the Board of Directors of Copart, Inc. (the “Company”) appointed Leah C. Stearns, age 42, as the Company's senior vice president and chief financial officer, effective as of December 5, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Gavin Renfrew changed role as vice president for global accounting at COPART INC.

Action: continue
Role: vice president for global accounting

Exact text from the filing

Upon Ms. Stearns' commencement of employment with the Company, Gavin Renfrew, currently serving as principal financial officer, will continue his role as the Company’s vice president for global accounting.

View on SEC.gov

COPART INC filing history →

Source: SEC EDGAR

accession 0001628280-22-031311

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