Copart Appoints Corporate Governance Veteran David Berger to Board of Directors
The online vehicle auction company has added a senior partner from Wilson Sonsini Goodrich & Rosati with more than two decades of governance and M&A experience.
Board Expansion
Copart, Inc. (NASDAQ: CPRT) has appointed David J. Berger to its board of directors, effective August 13, 2026, according to an 8-K filing submitted August 18, 2026. The Dallas-based online vehicle auction company announced the addition as it continues its global expansion, having sold more than 4 million units in the last year across operations in 11 countries (8-K filing, 2026-08-18).
Berger, 67, will serve an initial term expiring at the company's 2026 annual meeting of stockholders. His appointment came upon recommendation of Copart's Nominating, Governance, and Sustainability Committee (8-K filing, 2026-08-18).
Legal and Governance Expertise
Berger currently serves as a senior partner at Wilson Sonsini Goodrich & Rosati, P.C., where he has practiced since 1989 and served as a partner for more than twenty years. His practice focuses on corporate governance, mergers and acquisitions, and shareholder activism (8-K filing, 2026-08-18).
At Wilson Sonsini, Berger has held multiple leadership positions, including service on the firm's board of directors, as chair of its Policy Committee, and on the board of the firm's venture capital fund. He has served as president of the American College of Governance Counsel since May 2023 (8-K filing, 2026-08-18).
"David brings exceptional experience in corporate governance, mergers and acquisitions, and complex litigation, along with a deep understanding of the issues facing public companies," said Jay Adair, chief executive officer of Copart (8-K filing, 2026-08-18).
Firm Relationship
The filing disclosed that Wilson Sonsini serves as outside corporate counsel to Copart. While there are no related party transactions between the company and Berger or his immediate family members requiring disclosure under Item 404(a) of Regulation S-K for the fiscal year ended July 31, 2026, Copart "anticipates that it will, on a going-forward basis, engage Wilson Sonsini from time to time to perform routine legal services" (8-K filing, 2026-08-18).
The company expects that fees payable to Wilson Sonsini for the fiscal year ending July 31, 2027 "will not be material in amount" (8-K filing, 2026-08-18).
Additional Board Activities
Beyond his legal practice, Berger currently serves as a director of the Long-Term Stock Exchange, where he chairs its Nominating and Governance Committee. Since 2023, he has served as co-chair of the annual Rome Conference on AI, Ethics and Governance held at the Vatican, and serves as a director of various non-profit organizations (8-K filing, 2026-08-18).
Berger received his J.D. from Duke University School of Law and his B.A. from Duke University (8-K filing, 2026-08-18).
Compensation and Indemnification
Berger will participate in Copart's outside director compensation program, as described in the company's definitive proxy statement filed with the Securities and Exchange Commission on October 24, 2025. The company has also entered into its standard form of indemnification agreement with Berger (8-K filing, 2026-08-18).
According to MarginX data, Copart is expected to report fiscal year 2026 results on September 3, 2026. Recent insider activity includes awards to CFO Leah Stearns and director Jane Pocock.
This article was generated by MarginX from the 8-K filing on 2026-08-18. It is not investment advice.