A. Jayson Adair
Overview
- Source of Wealth
- Damaged cars
- Industry
- Automotive
- Residence
- Dallas, Texas
- Marital Status
- Married
- Children
- 2
Assets
- Copart29,587,000 shares @ --CPRT-US
- Copart4,000,000 shares @ --CPRT-US
Biography
A. Jayson "Jay" Adair is the executive chairman of Dallas-based Copart, a leader in online auctions for used and totaled cars.
He joined the company in 1989 at age 19 as a manager; Copart's founder, Willis Johnson, is Adair's father-in-law.
Adair pioneered Copart's move into online auctions in 1998, and by 2003, the company eliminated in-person bids and put auctions 100% online.
He became Copart's CEO in 2010, expanded Copart's physical footprint to more than 200 locations in 11 countries. He stepped down as co-CEO in April 2024.
As CEO, Adair expanded Copart's physical footprint to more than 200 locations in 11 countries.
About
Adair owns a vineyard in Suisun Valley wine country in northern California.
In 1996, Adair and Johnson bought the Internet domain name Copart.com -- they also tried to buy IAA.com as a joke on their biggest rival, but it was taken.