Jay Adair, CEO of Copart, Inc., was presented with the “Seven Seals Award” and the “Above and Beyond Award,” on March 16 for demonstrating support and commitment to the U.S. military by Brigadier General Donald Currier in recognition from the Employer Support of the Guard and Reserve (ESGR).
The ESGR is an organization that works to spread the awareness of the National Guard Reserve to gain employer and community support. The awards are given by the state and territory ESGR committee to recognize citizens, businesses or organizations for their support, commitment and patriotism to the U.S. military, as nominated by their military employees.
Copart, Inc. says it has demonstrated its commitment to the ESGR by paying Copart military employees 50 percent of their salary if they are deployed during a U.S. military campaign. Additionally, during deployment, their positions are held for their return for a period of six months.
With over 20 years of experience in the vehicle auction industry, Copart says its CEO Jay Adair is an industry game-changer, who has grown Copart into one of the largest online vehicle auction companies in the U.S. ($3 billion market capitalization). He is the driving force behind Copart’s shift from physical auctions to its patented virtual online bidding technology (VB2), and as a result has allowed Copart to expand its services and tap into the global marketplace. Today, more than 25 percent of sales are to buyers located outside of the U.S.