secwatch.observer — SEC 8-K summary
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Issuer:     OPENLANE, Inc. (OPLN)
CIK:        0001395942
Form:       8-K
Filed at:   2023-01-06T23:59:59+00:00
Accession:  0001395942-23-000004
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1395942/000139594223000004/0001395942-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1395942/000139594223000004/kar-20221230.htm
  HTML page:      https://secwatch.observer/filing/0001395942-23-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer