Willis Johnson

And Copart, they chose to absorb the losses and help as much as they could and as fast as they could.

And actually, I found a quote by Willis Johnson, who is the founder of Copart, and he said that they wanted to prove they're not only the best operator, but also the most reliable partner.

And I actually think if you look at how many customers Copart still has and how they stick with them, you can still see that credit that it gave to them 20 years later.

Because, again, the hurricane happened in 2005.

For anybody who's a fan of the NFL, it's sorta like the Pittsburgh Steelers.

They keep their coaches around for a long, long time, so it was a real shock when they fired Mike Tomlin this year.

But after Willis Johnson, the founder, served as CEO for almost thirty years, you had Jay Adair take over and then run the company for fourteen years, and he's somebody who had been with Copart doing other positions since 1989.

So pretty long connection to Copart, uh, plenty of experience.

And Copart, they chose to absorb the losses and help as much as they could and as fast as they could.

And actually, I found a quote by Willis Johnson, who is the founder of Copart, and he said that They wanted to prove they're not only the best operator, but also the most reliable partner.

And I actually think if you look at how many customers Copart still has and how they stick with them, you can still see that credit that it gave to them 20 years later.

Because again, the hurricane happened in 2005.

For anybody who's a fan of the NFL, it's sort of like the Pittsburgh Steelers.

They keep their coaches around for a long, long time, so it was a real shock when they fired Mike Tomlin this year.

But after Willis Johnson, the founder, served as CEO for almost thirty years, you had Jay Adair take over and then run the company for fourteen years, and he's somebody who had been with Copart doing other positions since 1989, so pretty long connection to Copart, plenty of experience.

And then you had Jeff Liaw, who took over in 2022 after serving as co-CEO with Jay for two years.