Yes, you read that right: "vehicle salvage" ... as in used cars, very used cars.
However, please note the highlighted portion of the following St. Louis Dispatch coverage, From the Governor's Mansion to Vehicle Salvage:
In addition, Governor Matt Blunt has other worries at the moment as chronicled in the Columbia Missourian this week:
Copart announced the appointment today. Blunt also joins the company's nominating and governance committee. The appointments are effective Jan. 13.
"Gov. Blunt will add tremendous value to Copart's board with his experience in public policy and fiscal management," Copart's president, Jay Adair, said in a statement. "We are looking forward to the unique perspective he will bring to the board with his public service background."
The company's annual revenue was reportedly $785 million.
No word on what Blunt will be paid.
According to the company's proxy statement, board directors at Copart get $50,000 plus stock options. When two new directors joined the board in September 2007, they each got options to buy 20,000 shares. For this, the company recorded compensation expenses of $88,849, bringing their total compensation in 2007 to $138,849 each.
Blunt's salary as governor was $133,800.
Blunt spokesman Rich Chrismer this morning confirmed Blunt's appointment to Copart but indicated that Blunt isn't stopping there.
"It is my understanding this is not the only position he will hold and he is exploring a number of options with different employers and this board position is one of them," Chrismer said.
Copart, based in Fairfield, Calif., was founded in 1982. It provides vehicle sellers -- primarily insurance companies -- with what the company calls "remarketing services." Copart sells vehicles through Internet sales on behalf of insurance companies, banks, finance companies, fleet operators and others. ...
(Read rest of article here.)
Special prosecutors file lawsuit against Missouri Gov. Matt Blunt.
This lawsuit concerns the alleged abuse of e-mail correspondence and the Sunshine Laws during Matt Blunt's administration, as detailed here.
Does any of this preclude Matt Blunt's seeking an administrative position at Southwest Baptist University?
Not. At. All.
As events unfold at the Missouri Baptist Convention Executive Board meeting this coming Monday and Tuesday (Dec. 8 and 9), the rest of the story will become apparent.
SEE UPDATE HERE!
