Stephen E. Smith serves as Independent Director of the Company. Mr. Smith is Consultant in the automotive industry since October 2012. Senior Vice President, Financial Services of American Honda Finance Corporation (AHFC), a provider of financial services to automobile, motorcycle, marine and power equipment product dealers and their customers, from 1985 to October 2012 (including various other positions). Financial services included commercial lending, consumer lending and financing and vehicle service contracts. Started the consumer finance organization at AHFC. Served two terms as Chair of the Vehicle Finance Division for the American Financial Services Association. Member of the Financial Services Roundtable. Began career at Bullock's Dept. Stores, a division of Federated Department Stores. Held senior level positions in the credit card division and in store management. Member of the board of the directors of Carecredit Corporation, a privately-held consumer credit healthcare company, from 1996 to 2002. Interim President of the California Council on Economic Education, a not-for-profit organization that provides training and educational materials to California teachers relating to economics and personal finance, from July 2013 to February 2014. Graduated from California State University, Northridge (BA, MBA).
As the Independent Director of Openlane, the total compensation of Stephen Smith at Openlane is $231,031. There are 14 executives at Openlane getting paid more, with James Hallett having the highest compensation of $5,529,430.
Stephen Smith is 71, he's been the Independent Director of Openlane since 2013. There are no older and 27 younger executives at Openlane.
Stephen's mailing address filed with the SEC is C/O KAR AUCTION SERVICES, INC., 11299 NORTH ILLINOIS STREET, CARMEL, IN, 46032.
Over the last 15 years, insiders at Openlane have traded over $6,946,941,398 worth of Openlane stock and bought 376,607 units worth $6,467,816 . The most active insiders traders include Holdings, L.P.Value Act Cap..., Holdings Ii, Llc Kar et Sanjeev K Mehra. On average, Openlane executives and independent directors trade stock every 10 days with the average trade being worth of $9,578,530. The most recent stock trade was executed by James P Coyle on 15 May 2024, trading 6,000 units of KAR stock currently worth $108,540.
kar auction services, inc. (nyse: kar), a fortune® 1000 company, operates used vehicle auction services for north american sellers and buyers worldwide. based in carmel, ind., the kar group of companies is comprised of adesa, inc. (adesa), insurance auto auctions, inc. (iaa), automotive finance corporation, inc. (afc), and additional business units, with nearly 12,000 employees across the globe. adesa operates 65 wholesale used vehicle auctions and iaa has 165 salvage vehicle auctions. both companies offer leading online auction platforms to provide greater access for customers. afc provides inventory financing and comprehensive business services to primarily independent used vehicle dealers from its 105 locations. together, kar’s complementary businesses provide support, technology and logistics for the used vehicle industry. for more information, visit karauctionservices.com.
Openlane executives and other stock owners filed with the SEC include: