OPENLANE Management
Management criteria checks 3/4
OPENLANE's CEO is Peter Kelly, appointed in Apr 2021, has a tenure of 3.08 years. total yearly compensation is $6.72M, comprised of 11.5% salary and 88.5% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth €5.66M. The average tenure of the management team and the board of directors is 5.3 years and 4.8 years respectively.
Key information
Peter Kelly
Chief executive officer
US$6.7m
Total compensation
| CEO salary percentage | 11.5% |
| CEO tenure | 3.1yrs |
| CEO ownership | 0.3% |
| Management average tenure | 5.3yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2024 | n/a | n/a | -US$193m |
| Dec 31 2023 | US$7m | US$773k | -US$199m |
| Sep 30 2023 | n/a | n/a | -US$178m |
| Jun 30 2023 | n/a | n/a | -US$187m |
| Mar 31 2023 | n/a | n/a | US$9m |
| Dec 31 2022 | US$7m | US$768k | -US$12m |
| Sep 30 2022 | n/a | n/a | -US$32m |
| Jun 30 2022 | n/a | n/a | -US$58m |
| Mar 31 2022 | n/a | n/a | -US$61m |
| Dec 31 2021 | US$8m | US$710k | -US$33m |
| Sep 30 2021 | n/a | n/a | -US$142m |
| Jun 30 2021 | n/a | n/a | -US$75m |
| Mar 31 2021 | n/a | n/a | -US$90m |
| Dec 31 2020 | US$2m | US$600k | -US$100m |
| Sep 30 2020 | n/a | n/a | US$21m |
| Jun 30 2020 | n/a | n/a | US$26m |
| Mar 31 2020 | n/a | n/a | US$80m |
| Dec 31 2019 | US$2m | US$577k | US$92m |
Compensation vs Market: Peter's total compensation ($USD6.72M) is above average for companies of similar size in the German market ($USD1.61M).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
CEO
Peter Kelly (54 yo)
3.1yrs
Tenure
US$6,721,355
Compensation
Mr. Peter J. Kelly serves as Chief Executive Officer and Director KAR Auction Services, Inc. since April 01, 2021. He served as President at KAR Auction Services, Inc. since January 7, 2019 until March 202...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.1yrs | US$6.72m | 0.32% $ 5.7m | |
| Executive VP & CFO | 1.1yrs | US$4.63m | no data | |
| EVP of Operations and President of Services & International Markets | 2yrs | US$1.56m | 0.036% $ 640.0k | |
| Chief Accounting Officer | 3.2yrs | US$903.56k | 0.029% $ 519.7k | |
| Executive VP & President of North American Marketplaces | 2.6yrs | US$2.00m | 0.014% $ 243.5k | |
| VP of Investor Relations & Treasurer | 8yrs | no data | no data | |
| Executive VP | 6.6yrs | no data | 0.025% $ 449.6k | |
| Executive Vice President of Marketing & Communications | 5.4yrs | no data | 0.0098% $ 172.4k | |
| Executive Vice President of Corporate Development & Real Estate | 13.9yrs | no data | no data | |
| Executive Sales Director | 5.3yrs | no data | no data | |
| Executive VP & Chief People Officer | 10.9yrs | no data | 0.043% $ 758.3k | |
| Senior Vice President | no data | no data | no data |
5.3yrs
Average Tenure
51yo
Average Age
Experienced Management: XKR's management team is seasoned and experienced (5.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.1yrs | US$6.72m | 0.32% $ 5.7m | |
| Director | 17.1yrs | US$255.49k | 0.66% $ 11.6m | |
| Independent Director | 9.4yrs | US$285.63k | 0.014% $ 249.5k | |
| Independent Chairman | 10.4yrs | US$351.25k | 0.010% $ 178.0k | |
| Independent Director | 2.6yrs | no data | no data | |
| Independent Director | 3.9yrs | no data | no data | |
| Independent Director | 9.9yrs | US$265.00k | 0.055% $ 978.8k | |
| Independent Director | 4.9yrs | US$255.00k | 0.028% $ 494.1k | |
| Independent Director | 4.3yrs | US$275.00k | 0.023% $ 411.3k | |
| Independent Director | 4.6yrs | US$262.50k | 0.028% $ 499.7k |
4.8yrs
Average Tenure
63.5yo
Average Age
Experienced Board: XKR's board of directors are considered experienced (4.8 years average tenure).