OPENLANE Management

Management criteria checks 3/4

OPENLANE's CEO is Peter Kelly, appointed in Apr 2021, has a tenure of 3.83 years. total yearly compensation is $6.72M, comprised of 11.5% salary and 88.5% bonuses, including company stock and options. directly owns 0.35% of the company’s shares, worth €7.57M. The average tenure of the management team and the board of directors is 6.1 years and 5 years respectively.

Key information

Peter Kelly

Chief executive officer

US$6.7m

Total compensation

CEO salary percentage11.5%
CEO tenure3.8yrs
CEO ownership0.4%
Management average tenure6.1yrs
Board average tenure5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Peter Kelly's remuneration changed compared to OPENLANE's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$21m

Jun 30 2024n/an/a

US$9m

Mar 31 2024n/an/a

-US$195m

Dec 31 2023US$7mUS$773k

-US$199m

Sep 30 2023n/an/a

-US$178m

Jun 30 2023n/an/a

-US$190m

Mar 31 2023n/an/a

US$5m

Dec 31 2022US$7mUS$768k

-US$12m

Sep 30 2022n/an/a

-US$32m

Jun 30 2022n/an/a

-US$58m

Mar 31 2022n/an/a

-US$61m

Dec 31 2021US$8mUS$710k

-US$33m

Sep 30 2021n/an/a

-US$142m

Jun 30 2021n/an/a

-US$75m

Mar 31 2021n/an/a

-US$90m

Dec 31 2020US$2mUS$600k

-US$100m

Sep 30 2020n/an/a

US$21m

Jun 30 2020n/an/a

US$26m

Mar 31 2020n/an/a

US$80m

Dec 31 2019US$2mUS$577k

US$92m

Compensation vs Market: Peter's total compensation ($USD6.72M) is above average for companies of similar size in the German market ($USD1.49M).

Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.


CEO

Peter Kelly (55 yo)

3.8yrs

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

NamePositionTenureCompensationOwnership
Peter Kelly
CEO & Director3.8yrsUS$6.72m0.35%
€ 7.6m
Brad Lakhia
Executive VP & CFO1.8yrsUS$4.63m0.013%
€ 288.7k
James Coyle
Executive VP & President of North American Marketplaces3.3yrsUS$2.00m0.022%
€ 481.8k
Dwayne Price
Chief Accounting Officer & Principal Accounting Officerless than a yearno data0.0086%
€ 185.6k
Itunu Orelaru
Head of Investor Relationsless than a yearno datano data
Charles Coleman
Executive VP7.3yrsno data0.036%
€ 772.9k
Tobin Richer
Executive Vice President of Marketing & Communications6.2yrsno data0.014%
€ 308.1k
Warren Byrd
Executive Vice President of Corporate Development & Real Estate14.7yrsno datano data
Patrick Ming
Executive Sales Director6.1yrsno datano data
Christopher Seitz
Senior Vice Presidentno datano datano data
Gary Watkins
Chief Information Officer of IT Shared Services12.1yrsno datano data
Stacey White
Senior Vice President of Enterprise Optimization8.4yrsno datano data

6.1yrs

Average Tenure

52yo

Average Age

Experienced Management: XKR's management team is seasoned and experienced (6.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Peter Kelly
CEO & Director3.8yrsUS$6.72m0.35%
€ 7.6m
J. Howell
Independent Director10.2yrsUS$285.63k0.061%
€ 1.3m
Michael Kestner
Independent Chairman11.2yrsUS$351.25k0.072%
€ 1.6m
Sanjeev Mehra
Independent Director3.3yrsno datano data
Roy Mackenzie
Independent Director4.7yrsno datano data
Randolph Altschuler
Directorless than a yearno datano data
Stefan Jacoby
Independent Director5.7yrsUS$255.00k0.038%
€ 815.8k
Carmel Galvin
Independent Director5yrsUS$275.00k0.011%
€ 244.7k
Mary Smith
Independent Director5.3yrsUS$262.50k0.032%
€ 697.6k

5.0yrs

Average Tenure

59yo

Average Age

Experienced Board: XKR's board of directors are considered experienced (5 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 15:09
End of Day Share Price 2025/02/07 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

OPENLANE, Inc. is covered by 24 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Craig KennisonBaird
Manav PatnaikBarclays
Gary PrestopinoBarrington Research Associates, Inc.