OPENLANE, Inc. (KAR)
Key Executives
Name | Title | Pay | Exercised | Year Born |
---|---|---|---|---|
Mr. Peter J. Kelly | CEO & Director | 1.02M | -- | 1969 |
Mr. Sriram Subrahmanyam Ph.D. | EVP of Operations and President of Services & International Markets | 602.18k | -- | 1970 |
Mr. James P. Coyle | Executive VP & President of North American Marketplaces | 1.33M | -- | 1981 |
Mr. Brad S. Lakhia | Executive VP & CFO | -- | -- | 1972 |
Mr. Scott A. Anderson | Chief Accounting Officer | -- | -- | 1966 |
Mr. Michael Eliason | VP of Investor Relations & Treasurer | -- | -- | -- |
Mr. Charles S. Coleman | Executive VP, Chief Legal Officer & Secretary | -- | -- | 1972 |
Mr. Tobin P. Richer | Executive Vice President of Marketing & Communications | -- | -- | 1974 |
Mr. Warren W. Byrd | Executive Vice President of Corporate Development & Real Estate | -- | -- | 1963 |
Patrick Ming | Executive Sales Director | -- | -- | -- |
OPENLANE, Inc.
- Sector:
- Consumer Cyclical
- Industry: Auto & Truck Dealerships
- Full Time Employees:
- 3,825
Description
OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in North America, Europe, the Philippines, and Uruguay. The company operates through two segments, Marketplace and Finance. The Marketplace segment offers digital marketplace services for buying and selling used vehicles. Its digital marketplaces include OPENLANE, a mobile-app enabled solutions that allows dealers to sell and source inventory in the United States. This segment also provides value-added ancillary services, including inbound and outbound transportation logistics, reconditioning, vehicle inspection and certification, titling, administrative, and collateral recovery services. This segment sells its products and services through vehicle manufacturers, fleet companies, rental car companies, finance companies, and others. The Finance segment offers floorplan financing, a short-term inventory-secured financing to independent used vehicle dealers. The company serves commercial customers and dealer customers. The company was formerly known as KAR Auction Services, Inc. and changed its name to OPENLANE, Inc. in May 2023. OPENLANE, Inc. was incorporated in 2006 and is headquartered in Carmel, Indiana.
Corporate Governance
Recent Events
- Apr 26, 2024DEF 14A: Proxy StatementsSee Full Filing
- Feb 22, 2024S-3ASR: Offering RegistrationsSee Full Filing
- Feb 21, 202410-K: Periodic Financial ReportsSee Full Filing
- Feb 20, 20248-K: Corporate Changes & Voting MattersSee Full Filing
- Jan 22, 20248-K: Corporate Changes & Voting MattersSee Full Filing