Copart President Vincent Mitz's 2010 pay jumps 142% to $3.6M
Copart reports 2010 executive compensation
By ExecPay News
Published: October 20, 2010
Copart reported fiscal year 2010 executive compensation information on October 20, 2010.
In 2010, six Copart executives received on average a compensation package of $1.1M, a 90% decrease compared to previous year.
Average pay of disclosed executives at Copart
Vincent W. Mitz, President, received $3.6M in total, which increased by 142% compared to 2009. 72% of Mitz's compensation, or $2.6M, was in option awards. Mitz also received $500K in bonus, $488K in salary, as well as $16K in other compensation.
William E. Franklin, Chief Financial Officer, received a compensation package of $1.2M, which increased by 156% compared to previous year. 59% of the compensation package, or $718K, was in option awards.
Russell D. Lowy, Chief Operating Officer, earned $1.2M in 2010.
David L. Bauer, Senior Vice President, Corporate Development, received $477K in 2010, which decreases by 60% compared to 2009.
Willis J. Johnson, Chief Executive Officer, earned $232K in 2010, a 99% decrease compared to previous year.
A. Jayson Adair, Chief Executive Officer, received $50K in 2010, which decreases by 100% compared to 2009.
Copart's fiscal year ends on July 31.
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Source: SEC filing on October 20, 2010.