OPENLANE Management
Management criteria checks 4/4
OPENLANE's CEO is Peter Kelly, appointed in Apr 2021, has a tenure of 3.67 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 $7.61M. The average tenure of the management team and the board of directors is 3.7 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 | 3.7yrs |
| CEO ownership | 0.4% |
| Management average tenure | 3.7yrs |
| Board average tenure | 4.8yrs |
Recent management updates
Recent updates
OPENLANE, Inc.'s (NYSE:KAR) Share Price Matching Investor Opinion
Nov 04
OPENLANE (NYSE:KAR) Shareholders Will Want The ROCE Trajectory To Continue
Aug 11Openlane: Buy On Earnings Turnaround And Market Share Gains
Jul 24There's Reason For Concern Over OPENLANE, Inc.'s (NYSE:KAR) Price
Jul 15Is OPENLANE (NYSE:KAR) A Risky Investment?
Jun 06Some Confidence Is Lacking In OPENLANE, Inc.'s (NYSE:KAR) P/S
Apr 12Subdued Growth No Barrier To OPENLANE, Inc.'s (NYSE:KAR) Price
Dec 23Openlane: Attractive Valuation Warrants A Buy
Nov 15Does OPENLANE (NYSE:KAR) Have A Healthy Balance Sheet?
Nov 15Openlane: Looking Good Under The Hood
Aug 24These 4 Measures Indicate That OPENLANE (NYSE:KAR) Is Using Debt Reasonably Well
Aug 12KAR Auction Services (NYSE:KAR) Seems To Use Debt Quite Sensibly
May 04KAR Auction Non-GAAP EPS of $0.33 beats by $0.16, revenue of $372.8M misses by $6.66M
Feb 21KAR Auction Services: Cheap Enough To Be Worth The Risk
Jan 18Are Investors Undervaluing KAR Auction Services, Inc. (NYSE:KAR) By 42%?
Jan 10What Does KAR Auction Services, Inc.'s (NYSE:KAR) Share Price Indicate?
Dec 20KAR Auction Services (NYSE:KAR) Seems To Use Debt Quite Sensibly
Oct 28KAR Auction Services: Worth Getting Revved Up Over
Oct 04These 4 Measures Indicate That KAR Auction Services (NYSE:KAR) Is Using Debt Extensively
Jul 14KAR Auction Services: 'New' KAR On Offer At A Bargain Price
Jul 13Is KAR Auction Services (NYSE:KAR) A Risky Investment?
Apr 06Is There An Opportunity With KAR Auction Services, Inc.'s (NYSE:KAR) 22% Undervaluation?
Mar 16KAR Auction Services: Sell To Grow
Feb 28Does KAR Auction Services (NYSE:KAR) Have A Healthy Balance Sheet?
Dec 28KAR Auction Services: Longer-Term Growth Story Intact Despite Near-Term Headwinds
Sep 28These 4 Measures Indicate That KAR Auction Services (NYSE:KAR) Is Using Debt Extensively
Sep 24Why KAR Auction Services, Inc. (NYSE:KAR) Could Be Worth Watching
Sep 06Are Investors Undervaluing KAR Auction Services, Inc. (NYSE:KAR) By 43%?
Jul 19These 4 Measures Indicate That KAR Auction Services (NYSE:KAR) Is Using Debt Extensively
Jun 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$21m |
| Jun 30 2024 | n/a | n/a | US$9m |
| Mar 31 2024 | n/a | n/a | -US$195m |
| 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$190m |
| Mar 31 2023 | n/a | n/a | US$5m |
| 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 about average for companies of similar size in the US market ($USD5.51M).
Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.
CEO
Peter Kelly (55 yo)
3.7yrs
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 | 3.7yrs | US$6.72m | 0.35% $ 7.6m | |
| Executive VP & CFO | 1.7yrs | US$4.63m | 0.013% $ 290.3k | |
| Executive Officer | less than a year | US$903.56k | 0.033% $ 710.0k | |
| Executive VP & President of North American Marketplaces | 3.2yrs | US$2.00m | 0.022% $ 484.5k | |
| Chief Accounting Officer & Principal Accounting Officer | less than a year | no data | 0.0086% $ 186.7k | |
| Head of Investor Relations | less than a year | no data | no data | |
| Executive VP | 7.2yrs | no data | 0.036% $ 777.2k | |
| Executive Vice President of Marketing & Communications | 6yrs | no data | 0.014% $ 309.8k | |
| Executive Vice President of Corporate Development & Real Estate | 14.5yrs | no data | no data | |
| Executive Sales Director | 5.9yrs | no data | no data | |
| Senior Vice President | no data | no data | no data | |
| Chief Information Officer of IT Shared Services | 11.9yrs | no data | no data |
3.7yrs
Average Tenure
52yo
Average Age
Experienced Management: KAR's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 3.7yrs | US$6.72m | 0.35% $ 7.6m | |
| Independent Director | 10yrs | US$285.63k | 0.061% $ 1.3m | |
| Independent Chairman | 11yrs | US$351.25k | 0.072% $ 1.6m | |
| Independent Director | 3.2yrs | no data | no data | |
| Independent Director | 4.5yrs | no data | no data | |
| Director | less than a year | no data | no data | |
| Independent Director | 5.5yrs | US$255.00k | 0.038% $ 820.3k | |
| Independent Director | 4.8yrs | US$275.00k | 0.011% $ 246.1k | |
| Independent Director | 5.2yrs | US$262.50k | 0.031% $ 677.9k |
4.8yrs
Average Tenure
59yo
Average Age
Experienced Board: KAR's board of directors are considered experienced (4.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 03:23 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
OPENLANE, Inc. is covered by 24 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Craig Kennison | Baird |
| Manav Patnaik | Barclays |
| Gary Prestopino | Barrington Research Associates, Inc. |