---
schema_version: "secwatch.filing_event.v1"
accession: "0001395942-23-000004"
form_type: "8-K"
ticker: "OPLN"
cik: "0001395942"
company_name: "OPENLANE, Inc."
filed_at: "2023-01-06T23:59:59+00:00"
generated_at: "2026-06-20T18:40:28.089763+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001395942-23-000004
- form_type: 8-K
- ticker: OPLN
- cik: 0001395942
- company_name: OPENLANE, Inc.
- filed_at: 2023-01-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1395942/000139594223000004/0001395942-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1395942/000139594223000004/kar-20221230.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001395942-23-000004
- JSON: https://secwatch.observer/filing/0001395942-23-000004.json
- Plain text: https://secwatch.observer/filing/0001395942-23-000004.txt

## Key facts
- Executive change
  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
  source text: Eric M. Loughmiller, who retired effective December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1395942/000139594223000004/0001395942-23-000004-index.htm
- Executive change
  Scott A. Anderson was appointed as Interim Chief Financial Officer at OPENLANE, Inc..
  - Action: appointed
  - Role: Interim Chief Financial Officer
  source text: appointed Scott A. Anderson to serve as the Company’s Interim Chief Financial Officer and principal financial officer, effective January 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1395942/000139594223000004/0001395942-23-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.