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Openlane Inc
11299 N. Illinois Street
Phone: (800) 923-3725p:800 923-3725 CARMEL, IN  46032  United States Ticker: KARKAR

Business Summary
OPENLANE, Inc. provides sellers and buyers across the global wholesale used vehicle industry with technology-driven remarketing solutions. The Company offers a digital marketplace for used vehicles, connecting sellers and buyers across North America and Europe. Its end-to-end platform supports the whole car, financing, logistics and other ancillary and related services. Its segments include Marketplace and Finance. Marketplace segment serves its customer base through digital marketplaces in the United States, Canada and Europe and vehicle logistics center locations across Canada. This segment includes private label remarketing solutions, which are offered to automobile manufacturers, captive finance companies and other commercial customers to offer vehicles digitally. Through Automotive Finance Corporation, the Finance segment provides short-term, inventory-secured financing, known as floorplan financing, primarily to independent vehicle dealers throughout the United States and Canada.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-YesYes--

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
3/31/202512/31/2024YesYes-YesYes

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Independent Non-Executive Chairman of the Board Michael T.Kestner 71 4/1/2023 12/16/2013
Chief Executive Officer, Director Peter J.Kelly 56 4/1/2021 2/1/2011
Chief Financial Officer, Executive Vice President BradleyHerring 55 5/27/2025 5/27/2025
8 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Auto Disposal of Memphis, Inc. 2 WESTBROOK CORPORATE CENTER WESTCHESTER Illinois United States
Salvage Disposal CO of Georgia 2 WESTBROOK CORPORATE CENTER WESTCHESTER Illinois United States
CarBuyCo, LLC 13085 Hamilton Crossing Boulevard Carmel IN United States
16 additional Subsidiary records available in full report.

Business Names
Business Name
2540-0714 Quebec Inc.
79378 Manitoba Inc.
AFC CAL, LLC
41 additional Business Names available in full report.

General Information
Number of Employees: 4,800 (As of 12/31/2024)
Outstanding Shares: 108,017,972 (As of 4/30/2025)
Shareholders: 5
Stock Exchange: NYSE
Federal Tax Id: 208744739
Fax Number: (302) 636-5454


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Monday, July 7, 2025