KAR Auction Services CFO Eric Loughmiller to retire in January 2023

OPENLANE, Inc.

CFO Eric M. Loughmiller notified company of retirement from EVP and CFO roles, effective January 2023.
Company will begin search for successor; Loughmiller to serve in advisory role post-retirement for smooth transition.
No successor named yet; transition expected to be orderly with advisory period.

item 5.02

Executive movements

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Departed

Eric M. Loughmiller

Executive Vice President and Chief Financial Officer

OPLN · OPENLANE, Inc.

Filed: November 2, 2022, 7:59 PM ET

On November 1, 2022, Eric M. Loughmiller, the Company’s Executive Vice President and Chief Financial Officer, notified KAR Auction Services, Inc. (the “Company”) of his intent to retire as the Company’s Executive Vice President and Chief Financial Officer in January 2023.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Eric M. Loughmiller retired as Executive Vice President and Chief Financial Officer at OPENLANE, Inc..

Action: retired
Role: Executive Vice President and Chief Financial Officer

Exact text from the filing

On November 1, 2022, Eric M. Loughmiller, the Company’s Executive Vice President and Chief Financial Officer, notified KAR Auction Services, Inc. (the “Company”) of his intent to retire as the Company’s Executive Vice President and Chief Financial Officer in January 2023.

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OPENLANE, Inc. filing history →

Source: SEC EDGAR

accession 0001395942-22-000069

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