CARMEL, Ind., May 9, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will participate in the J.P. Morgan Global Technology, Media and Communications Conference on Monday, May 20, 2024, at 1:10pm ET.
Key Points:
- CARMEL, Ind., May 9, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will participate in the J.P. Morgan Global Technology, Media and Communications Conference on Monday, May 20, 2024, at 1:10pm ET.
- Participating in the conference will be OPENLANE's Peter Kelly, CEO, and Brad Lakhia, EVP and Chief Financial Officer.
OPENLANE will be hosting an earnings conference call and webcast on Wednesday, May 1, 2024 at 4:30 p.m.
Key Points:
- OPENLANE will be hosting an earnings conference call and webcast on Wednesday, May 1, 2024 at 4:30 p.m.
- The call will be hosted by OPENLANE Chief Executive Officer Peter Kelly and Chief Financial Officer Brad Lakhia.
- Supplemental financial information for OPENLANE's first quarter 2024 results is available at the investor relations section of corporate.openlane.com.
- The archive of the webcast will be available following the call at the investor relations section of corporate.openlane.com for a limited time.
CARMEL, Ind., April 16, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its first quarter 2024 financial results after the market closes on Wednesday, May 1, 2024.
Key Points:
- CARMEL, Ind., April 16, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its first quarter 2024 financial results after the market closes on Wednesday, May 1, 2024.
- OPENLANE will also host an earnings conference call and webcast following the release on Wednesday, May 1, 2024, at 4:30 p.m.
- The call will be hosted by OPENLANE Chief Executive Officer Peter Kelly and Chief Financial Officer Brad Lakhia.
- The conference call may be accessed by calling 1-833-634-2155 and asking to join the OPENLANE call.
CARMEL, Ind., March 14, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will participate in the BofA Securities Automotive Summit 2024 on Wednesday, Mar.
Key Points:
- CARMEL, Ind., March 14, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will participate in the BofA Securities Automotive Summit 2024 on Wednesday, Mar.
- 27, 2024, at 8:50am ET.
- Participating in the conference will be OPENLANE's Peter Kelly, CEO, James Coyle, EVP and President, North American Marketplaces and Mike Eliason, Treasurer and VP, Investor Relations.
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Tuesday, February 27, 2024
CARMEL, Ind., Feb. 27, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announced that Mike Eliason, Treasurer and Vice President of Investor Relations, is retiring after more than 25 years at the company, effective June 1, 2024. Eliason will continue to serve in his position until a successor is named to ensure a seamless transition.
Key Points:
- Eliason will continue to serve in his position until a successor is named to ensure a seamless transition.
- OPENLANE will conduct a thorough national search process for Eliason's successor.
- Upon Eliason's retirement, Brad Lakhia, EVP and Chief Financial Officer, will assume the role of Treasurer.
- "I want to thank Mike for his leadership and congratulate him on his well-deserved retirement."
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Tuesday, February 20, 2024
The timing and amounts of these items are highly variable, difficult to predict, and of a potential size that could have a substantial impact on the company's reported results for any given period.
Key Points:
- The timing and amounts of these items are highly variable, difficult to predict, and of a potential size that could have a substantial impact on the company's reported results for any given period.
- The call will be hosted by OPENLANE Chief Executive Officer Peter Kelly and Chief Financial Officer Brad Lakhia.
- Supplemental financial information for OPENLANE's fourth quarter 2023 results is available at the investor relations section of corporate.openlane.com.
- The archive of the webcast will be available following the call at the investor relations section of corporate.openlane.com for a limited time.
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Tuesday, February 13, 2024
CARMEL, Ind., Feb. 13, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the promotion of Will Mitchell to president of AFC effective April 1, 2024. In his expanded role, Mitchell will oversee the vision, strategy and all operations for AFC, including business development, sales, field and commercial operations. Mitchell will also become a member of OPENLANE's executive leadership team and report to OPENLANE CEO Peter Kelly.
Key Points:
- In his expanded role, Mitchell will oversee the vision, strategy and all operations for AFC, including business development, sales, field and commercial operations.
- Mitchell will also become a member of OPENLANE's executive leadership team and report to OPENLANE CEO Peter Kelly.
- "Will is an experienced and forward-thinking leader with a bold vision for AFC," said Peter Kelly, CEO of OPENLANE.
- Prior to his time with AFC, Mitchell held business development and strategy roles at companies in the energy and other industries.
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Wednesday, February 7, 2024
CARMEL, Ind., Feb. 7, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its fourth quarter 2023 financial results after the market closes on Tuesday, February 20, 2024.
Key Points:
- CARMEL, Ind., Feb. 7, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, will release its fourth quarter 2023 financial results after the market closes on Tuesday, February 20, 2024.
- OPENLANE will also host an earnings conference call and webcast following the release on Tuesday, February 20, 2024, at 5:00 p.m.
- The call will be hosted by OPENLANE Chief Executive Officer Peter Kelly and Chief Financial Officer Brad Lakhia.
- The conference call may be accessed by calling 1-833-634-2155 and asking to join the OPENLANE call.
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Wednesday, January 3, 2024
CARMEL, Ind., Jan. 3, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the launch of Visual Boost AI™, new damage detection overlays for every dealer-consigned vehicle in OPENLANE's US marketplace. The AI-powered technology supplements vehicle inspection data by prominently highlighting detected exterior damage directly on photos within the condition report (CR), making it faster and easier for interested buyers to accurately locate and assess potential defects before making a purchase decision.
Key Points:
- Now available on all dealer-consigned vehicles in OPENLANE's US marketplace, Visual Boost AI leverages artificial intelligence and computer vision technology to provide a virtual overlay of any exterior damage detected.
- "OPENLANE's Visual Boost AI really improves the quality of the inspections, giving me 60%-70% extra confidence about the major damage on the vehicle," said Rami Mourtaja, general manager of R B Morgan Co in Houston, Texas.
- Innovated in partnership with Click-Ins Visual Intelligence platform for vehicle inspections, Visual Boost AI expands the company's portfolio of mobile-based artificial intelligence capabilities for damage detection and vehicle inspections.
- OPENLANE's network of independent vehicle inspectors scan the vehicle using their smartphone camera as part of their regular inspection process.
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Thursday, December 14, 2023
Money,
Retirement,
Growth,
Dream,
KAR,
Family,
NYSE,
AFC,
Transport,
Management,
RV CARMEL, Ind., Dec. 14, 2023 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the upcoming retirement of AFC President Jim Money effective April 1, 2024.
Key Points:
- CARMEL, Ind., Dec. 14, 2023 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the upcoming retirement of AFC President Jim Money effective April 1, 2024.
- Money assumed his current role in 2016 and leaves a legacy of nearly 25 years of purpose-driven leadership, growth and innovation at AFC.
- "No one is more passionate about our customers, our people and the power of purpose-driven culture than Jim," said Peter Kelly, CEO of OPENLANE.
- "For more than two decades, it has been my privilege and joy to serve independent dealers and help fuel their dreams and success," said Money, president of AFC.
