About KAR Auction Services Inc - Company Information, Overview, History and Profile
What does KAR Auction Services Inc do?
Openlane Inc provides a digital marketplace for used vehicles, connecting sellers and buyers in North America and Europe for fast and transparent transactions. Its services include financing, repossessions, repairs, transportation, warranty, and inventory management. The company operates used-vehicle auctions and has two main segments: Marketplace and Finance, with majority revenue coming from the Marketplace segment, which to used vehicle remarketing, including marketplace services, remarketing, or make ready services and all are interrelated, synergistic elements along the auto remarketing chain. The Finance segment, through AFC engaged in business of providing short-term, inventory-secured financing to independent vehicle dealers.
KAR Auction Services Inc Management structure
All Gross Remunerations are in USD
Mr. Scott A. Anderson
Chief Accounting Officer
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2024
Gross Remuneration
Year
Mr. Sriram Subrahmanyam
Executive Vice President, Operations and President, Services and International Markets
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2024
Gross Remuneration
Year
Mr. Dwayne P. Price
Chief Accounting Officer and Vice President, Financial Planning and Analysis
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2024
Gross Remuneration
Year
Mr. Brad S. Lakhia
Executive Vice President and Chief Financial Officer