THOMAS N. TRYFOROS - Corporate Board Profile

COPART INC

Filing Date	Source Excerpt
2012-10-19	Thomas N. Tryforos has been a private investor since 2005. Between May 1991 and September 2004, Mr. Tryforos was a General Partner at Prescott Investors, Inc., a private investment firm. Mr. Tryforos also serves as a director of Credit Acceptance Corporation, a publicly-traded indirect auto finance company.
2013-11-15	Thomas N. Tryforos has been a private investor since 2005. Between May 1991 and September 2004, Mr. Tryforos was a general partner at Prescott Investors, Inc., a private investment firm. Mr. Tryforos also serves as a director of Credit Acceptance Corporation, a publicly-traded indirect auto finance company.
2014-10-24	Thomas N. Tryforos has been a private investor since 2005. Between May 1991 and September 2004, Mr. Tryforos was a General Partner at Prescott Investors, Inc., a private investment firm. Mr. Tryforos also serves as a director of Credit Acceptance Corporation, a publicly-traded indirect auto finance company. Mr. Tryforos received a B.A. from Columbia College in 1981. He received an M.B.A. in accounting and finance from Columbia Business School in 1984. Mr. Tryforos' significant experience in investing and financial matters enables him to provide insight and be a valuable resource to our board of directors and our company with respect to investment and financial matters. Our board committees are comprised as follows: Thomas N. Tryforos Audit Committee Compensation Committee Ö Nominating and Governance Committee . Our directors play a critical role in guiding our strategic direction and overseeing our management. In connection therewith, our non-employee directors are eligible to receive cash and equity compensation. Each non-employee director receives an annual director's fee of $70,000, payable in quarterly installments. Mr. Cohan, who serves as chairman of our audit committee, receives an additional annual fee of $10,000 for his services as chairman of our audit committee, payable in quarterly installments. In addition to cash compensation, pursuant to procedures previously adopted by our board of directors, each non-employee director (other than newly appointed non-employee directors) receives an annual option grant of 40,000 shares under our 2007 Equity Incentive Plan, as amended and restated (2007 Equity Incentive Plan), which grant takes place on the date of our annual meeting of stockholders each year. Newly appointed non-employee directors are awarded an initial grant of shares at the time of appointment and are not eligible for an additional grant until the fiscal year following their appointment. The directors are also eligible for reimbursement of reasonable and necessary expenses incurred in connection with their attendance at board and committee meetings. The following table presents information relating to total compensation paid or accrued for services rendered to us in all capacities by our chairman of the board and our non-employee directors for the fiscal year ended July 31, 2014. Thomas N. Tryforos 70,000 382,388 452,388
2015-11-03	Thomas N. Tryforos has been a private investor since 2005. ... Our board committees are comprised as follows: ... Thomas N. Tryforos Audit Committee: —, Compensation Committee: ✓, Governance Committee: — ... The following table presents information relating to total compensation paid or accrued for services rendered to us in all capacities by our chairman of the board and our non-employee directors for the fiscal year ended July 31, 2015. ... Thomas N. Tryforos 70,000 379,020 — 449,020
2016-11-14	Thomas N. Tryforos has been a private investor since 2005. ... During fiscal 2016 our board committees were comprised as follows: ... Thomas N. Tryforos ... Audit Committee: — ... Compensation Committee: ü ... Nominating and Governance Committee: Chair ... The following table presents information relating to total compensation paid or accrued for services rendered to us in all capacities by our chairman of the board and our non-employee directors for the fiscal year ended July 31, 2016. ... Thomas N. Tryforos ... 70,000 ... 379,440 ... — ... 449,440
2017-11-06	Thomas N. Tryforos has been a private investor since 2005. ... During fiscal 2017 our board committees were comprised as follows: ... Thomas N. Tryforos Audit Committee: —, Compensation Committee: ü, Nominating and Governance Committee: Chair ... The following table presents information relating to total compensation paid or accrued for services rendered to us in all capacities by our chairman of the board and our non-employee directors for the fiscal year ended July 31, 2017. ... Thomas N. Tryforos 70,000 565,968 — 635,968
2018-11-16	Thomas N. Tryforos has been a private investor since 2005. ... During fiscal 2018 our board committees were comprised as follows: ... Thomas N. Tryforos Audit Committee: —, Compensation Committee: ü, Nominating and Governance Committee: Chair ... The following table presents information relating to total compensation paid or accrued for services rendered to us in all capacities by our executive chairman of the board and our non-employee directors for the fiscal year ended July 31, 2018. ... Thomas N. Tryforos 70,000 434,948 — 504,948
2019-11-04	Thomas N. Tryforos has been a private investor since 2005. ... On October 16, 2019, our board of directors approved the following committee compositions: ... Thomas N. Tryforos — ü ü ... The following table presents information relating to total compensation paid or accrued for services rendered to us in all capacities by our executive chairman of the board and our non-employee directors for the fiscal year ended July 31, 2019. ... Thomas N. Tryforos 70,000 258,925 — 328,925
2020-11-02	Thomas N. Tryforos has been a private investor since 2005 ... The compensation committee currently consists of Daniel J. Englander, Thomas N. Tryforos, and Stephen Fisher. ... On October 18, 2020, our board of directors approved the following committee compositions ... Thomas N. Tryforos Compensation Committee ü Nominating and Governance Committee ü ... The following table presents information relating to total compensation paid or accrued for services rendered to us in all capacities by our executive chairman of the board and our non-employee directors for the fiscal year ended July 31, 2020. ... Thomas N. Tryforos 70,000 471,896 — 541,896
2020-11-02	Thomas N. Tryforos has been a private investor since 2005. ... The compensation committee currently consists of Daniel J. Englander, Thomas N. Tryforos, and Stephen Fisher. ... On October 18, 2020, our board of directors approved the following committee compositions, and our board committees have been so comprised since October 18, 2020: ... Thomas N. Tryforos — ü Compensation Committee ü Nominating and Governance Committee ü ... The following table presents information relating to total compensation paid or accrued for services rendered to us in all capacities by our executive chairman of the board and our non-employee directors for the fiscal year ended July 31, 2020. ... Thomas N. Tryforos 70,000 471,896 — 541,896
2021-10-22	Thomas N. Tryforos has been a private investor since 2005. Between May 1991 and September 2004, Mr. Tryforos was a General Partner at Prescott Investors, Inc., a private investment firm.
2022-11-02	Thomas N. Tryforos has been a private investor since 2005. ... On September 14, 2021, our board of directors approved the following committee compositions, and our board committees have been so comprised since September 14, 2021: ... Thomas N. Tryforos Compensation Committee Nominating and Governance Committee ... The following table presents information relating to total compensation paid or accrued for services rendered to us in all capacities by our executive chairman of the board and our non-employee directors for the fiscal year ended July 31, 2022... Thomas N. Tryforos 70,000 627,009 — 697,009
2023-10-26	Mr. Tryforos has been a private investor since 2005. Committees: Compensation Committee, Audit Committee, Nominating and Governance Committee. Fiscal 2023 Director Compensation: Thomas N. Tryforos total compensation was $320,000.
2024-10-24	Thomas N. Tryforos Director Committees: Audit Committee Compensation Committee Nominating and Governance Committee ...Fiscal 2024 Director Compensation...Thomas N. Tryforos 77,500 250,000 — 327,500

CREDIT ACCEPTANCE CORP

Filing Date	Source Excerpt
2013-04-04	Thomas N. Tryforos; age 53; Private Investor. Mr. Tryforos is presently a private investor. Between May 1991 and September 2004, Mr. Tryforos was employed as a General Partner at Prescott Investors, Inc., a private investment firm based in Connecticut. Mr. Tryforos became a director of Credit Acceptance in July 1999. The members of each of the committees during 2012 were Messrs. Tryforos and Vassalluzzo and Ms. Flanagan. Mr. Tryforos received a payment of $1,500 for each Board meeting attended and $500 for each committee meeting attended.
2014-04-03	Thomas N. Tryforos; age 54; Private Investor. Mr. Tryforos is presently a private investor. Mr. Tryforos became a director of Credit Acceptance in July 1999. The members of each of the committees during 2013 were Messrs. Tryforos and Vassalluzzo and Ms. Flanagan. Mr. Tryforos received a payment of $1,500 for each Board meeting attended and $500 for each committee meeting attended. The 2013 Director Compensation table shows $20,500 for Mr. Tryforos. He is Chair of the Audit Committee.
2015-04-02	Thomas N. Tryforos; age 55; Private Investor. Mr. Tryforos is presently a private investor. Between May 1991 and September 2004, Mr. Tryforos was employed as a General Partner at Prescott Investors, Inc., a private investment firm based in Connecticut. Mr. Tryforos became a director of Credit Acceptance in July 1999. He is also a director of Copart, Inc. ... The members of each of the committees during 2014 were Messrs. Tryforos and Vassalluzzo and Ms. Flanagan. ... The Audit Committee held ten meetings in 2014. ... AUDIT COMMITTEE: Glenda J. Flanagan Thomas N. Tryforos (Chair) Scott J. Vassalluzzo ... The Executive Compensation Committee held five meetings in 2014. ... THE EXECUTIVE COMPENSATION COMMITTEE: Glenda J. Flanagan Thomas N. Tryforos Scott J. Vassalluzzo (Chair) ... The Nominating Committee held four meetings in 2014.
2016-04-29	Thomas N. Tryforos; age 56; Private Investor. Mr. Tryforos is presently a private investor. Between May 1991 and September 2004, Mr. Tryforos was employed as a General Partner at Prescott Investors, Inc., a private investment firm based in Connecticut. Mr. Tryforos became a director of Credit Acceptance in July 1999. He is also a director of Copart, Inc. Mr. Tryforos is a member of the Company’s Executive Compensation Committee, Audit Committee and Nominating Committee. In 2015, Mr. Tryforos received payments for each Board and committee meeting attended.
2017-04-27	Thomas N. Tryforos; age 57; Private Investor. Mr. Tryforos is presently a private investor. Between May 1991 and September 2004, Mr. Tryforos was employed as a General Partner at Prescott Investors, Inc., a private investment firm based in Connecticut. Mr. Tryforos became a director of Credit Acceptance in July 1999 and was named Lead Director in January 2017. He is also a director of Copart, Inc. Mr. Tryforos is a member of the Company’s Executive Compensation Committee, Audit Committee and Nominating Committee. In 2016, Mr. Tryforos received payments for each Board and committee meeting attended.
2018-04-26	Thomas N. Tryforos; age 58; Private Investor Mr. Tryforos is presently a private investor. Between May 1991 and September 2004, Mr. Tryforos was employed as a General Partner at Prescott Investors, Inc., a private investment firm based in Connecticut. Mr. Tryforos became a director of Credit Acceptance in July 1999 and was named Lead Director in January 2017. He is also a director of Copart, Inc. Mr. Tryforos is a member of the Company’s Executive Compensation Committee, Audit Committee and Nominating Committee.
2019-04-25	In 2018, Ms. Flanagan received a quarterly retainer, Mr. Tryforos received payments for each Board and committee meeting attended, and Mr. Vassalluzzo opted not to receive quarterly retainers or payments for each Board and committee meeting attended.
2020-06-04	Mr. Tryforos is presently a private investor. Between May 1991 and September 2004, Mr. Tryforos was employed as a General Partner at Prescott Investors, Inc., a private investment firm based in Connecticut. Mr. Tryforos became a director of Credit Acceptance in July 1999 and was named Lead Director in January 2017. He is also a director of Copart, Inc. Mr. Tryforos is a member of the Company’s Executive Compensation Committee, Audit Committee and Nominating Committee. In 2019, Mr. Tryforos received payments for each Board and committee meeting attended totaling $21,500.
2021-06-10	Thomas N. Tryforos; age 61; Private Investor Mr. Tryforos is a private investor. Mr. Tryforos became a director of Credit Acceptance in July 1999 and was named Lead Director in January 2017. Mr. Tryforos is a member of the Company’s Executive Compensation Committee, Audit Committee and Nominating Committee. In 2020, Mr. Tryforos received payments for each Board and committee meeting attended.
2022-04-28	Thomas N. Tryforos; age 62; Private Investor Mr. Tryforos is a private investor. Between May 1991 and September 2004, Mr. Tryforos was employed as a General Partner at Prescott Investors, Inc., a private investment firm. Mr. Tryforos became a director of Credit Acceptance in July 1999. Mr. Tryforos was named Lead Director in January 2017 and Chair of the Board in March 2022. He is also a director of Copart, Inc. Mr. Tryforos is a member of the Company’s Executive Compensation Committee, Audit Committee and Nominating Committee. 2021 Director Compensation The following table sets forth certain information regarding the compensation earned during 2021 by each non-employee director who served on the Board in 2021. 2021 Director Compensation Name Fees Earned or Paid in Cash ($) Option Awards ($) (a) Total ($) Glenda J. Flanagan 50,000 — 50,000 Vinayak R. Hegde 33,104 1,801,415 1,834,519 Thomas N. Tryforos 30,000 — 30,000 Scott J. Vassalluzzo — — — (a)The assumptions used to calculate the value of option awards are set forth in our Annual Report on Form 10-K for the fiscal year ended December 31, 2021, filed with the SEC on February 11, 2022.
2023-04-21	Thomas N. Tryforos; age 63; Private Investor... Mr. Tryforos was named Lead Director in January 2017 and Chair of the Board in March 2022... Mr. Tryforos is a member of the Company’s Executive Compensation Committee, Audit Committee, and Nominating Committee... In 2022, the Company reimbursed Ms. Flanagan and Messrs. Tryforos, Hegde, and Vassalluzzo for certain business-related travel expenses in connection with their service on the Board... The following table sets forth certain information regarding the compensation earned during 2022 by each non-employee director who served on the Board in 2022... Thomas N. Tryforos: Fees Earned or Paid in Cash ($) 23,500, Equity Awards ($) 0, Total ($) 23,500.
2024-04-25	Thomas N. Tryforos; age 64; Private Investor...Mr. Tryforos is Chair of the Board and Lead Director...Mr. Tryforos is a member of the Company’s Compensation Committee, Audit Committee, and Nominating Committee...2023 Director Compensation: $263,918.