OPENLANE, Inc. (KAR)
Key Executives
| Name | Title | Pay | Exercised | Year Born |
|---|---|---|---|---|
| Mr. Peter J. Kelly | CEO & Director | 1.87M | -- | 1969 |
| Mr. Charles S. Coleman | Executive VP, Chief Legal Officer & Secretary | 886.92k | -- | 1972 |
| Mr. James P. Coyle | Executive VP & President of Marketplaces | 1.44M | -- | 1981 |
| Mr. William C. Mitchell | Executive VP & President of AFC | 670.4k | -- | 1983 |
| Mr. Dwayne P. Price | Chief Accounting Officer & Principal Accounting Officer | -- | -- | -- |
| Ms. Itunu Orelaru | Head of Investor Relations | -- | -- | -- |
| Mr. Tobin P. Richer | Executive Vice President of Marketing & Communications | -- | -- | 1974 |
| Mr. Christopher Seitz | Senior Vice President | -- | -- | -- |
| Ms. Stacey White | Senior Vice President of Enterprise Optimization | -- | -- | -- |
| Mr. Patrick T. Walsh | Senior Vice President of Product Development | -- | -- | 1965 |
OPENLANE, Inc.
- Sector:
- Consumer Cyclical
- Industry: Auto & Truck Dealerships
- Full Time Employees:
- 4,080
Description
OPENLANE, Inc., together with its subsidiaries, operates as a digital marketplace for used vehicles, which connects sellers and buyers in the United States, Canada, Continental Europe and the United Kingdom. The company operates through two segments, Marketplace and Finance. The Marketplace segment offers digital marketplace services for buying and selling used vehicles; and value-added ancillary services, including inbound and outbound transportation logistics, reconditioning, vehicle inspection and certification, titling, administrative, and collateral recovery services. Its digital marketplaces include OPENLANE platform, a mobile app enabled solutions that allows dealers to sell and source inventory. This segment sells its products and services through commercial fleet operators, financial institutions, rental car companies, new and used vehicle dealers, and vehicle manufacturers. The Finance segment offers floorplan financing, a short-term inventory-secured financing to independent vehicle dealers. It serves commercial customers, and franchise and independent 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
Upcoming Events
August 5, 2025 at 10:59 AM UTC - August 11, 2025 at 12:00 PM UTC
OPENLANE, Inc. Earnings Date
Recent Events
January 8, 2025 at 12:00 AM UTC
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