KAR CFO Eric Loughmiller retires; Scott Anderson named Interim CFO effective Jan 1, 2023

OPENLANE, Inc.

Eric M. Loughmiller retired as EVP and CFO effective December 31, 2022.
Scott A. Anderson appointed Interim CFO effective January 1, 2023, while continuing as Chief Accounting Officer.
Anderson has been CAO since March 2021, previously VP/Controller from 2007 to 2021.
Loughmiller to provide consulting services up to 6 months at $5,000 per month for transition.
No compensation agreement or arrangements between Anderson and others regarding his appointment.

item 5.02

Executive movements

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Departed

Eric M. Loughmiller

Executive Vice President and Chief Financial Officer

OPLN · OPENLANE, Inc.

Effective: 2022-12-31
Successor: Scott A. Anderson
Filed: January 6, 2023, 6:59 PM ET

Eric M. Loughmiller, who retired effective December 31, 2022.

Appointed (interim)

Scott A. Anderson

Interim Chief Financial Officer

OPLN · OPENLANE, Inc.

Effective: 2023-01-01
Filed: January 6, 2023, 6:59 PM ET

appointed Scott A. Anderson to serve as the Company’s Interim Chief Financial Officer and principal financial officer, effective January 1, 2023.

Key facts

Extracted from this filing and checked against the source text.

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

Eric M. Loughmiller, who retired effective December 31, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Scott A. Anderson was appointed as Interim Chief Financial Officer at OPENLANE, Inc..

Action: appointed
Role: Interim Chief Financial Officer

Exact text from the filing

appointed Scott A. Anderson to serve as the Company’s Interim Chief Financial Officer and principal financial officer, effective January 1, 2023.

View on SEC.gov

OPENLANE, Inc. filing history →

Source: SEC EDGAR

accession 0001395942-23-000004

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