secwatch / observer
8-K filed March 31, 2023, 7:59 PM ET ticker OPLN CIK 0001395942
leadership confidence high sentiment neutral materiality 0.40

KAR Global Executive Chairman Jim Hallett retires; Michael Kestner named Chairman

OPENLANE, Inc.

item 5.02item 7.01item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

James P. Hallett

Executive Chairman and Chairman of the Board
OPLN · OPENLANE, Inc.
Effective
2023-03-31
Successor
Michael T. Kestner
Filed
March 31, 2023, 7:59 PM ET
James P. Hallett, the Executive Chairman and Chairman of the Board of Directors (the “Board”) of KAR Auction Services, Inc. (the “Company”), will retire from the Company effective March 31, 2023.
Appointed

Michael T. Kestner

Chairman of the Board
OPLN · OPENLANE, Inc.
Effective
2023-04-01
Filed
March 31, 2023, 7:59 PM ET
The Board appointed Michael T. Kestner, the Board’s Lead Independent Director, to serve as Chairman of the Board effective April 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

James P. Hallett departed as Executive Chairman and Chairman of the Board at OPENLANE, Inc..

Action
retire
Role
Executive Chairman and Chairman of the Board
Exact text from the filing
James P. Hallett, the Executive Chairman and Chairman of the Board of Directors (the “Board”) of KAR Auction Services, Inc. (the “Company”), will retire from the Company effective March 31, 2023.
View on SEC.gov
Executive change SEC 8-K Item 5.02 confidence 0.95

Michael T. Kestner was appointed as Chairman of the Board at OPENLANE, Inc..

Action
appointed
Role
Chairman of the Board
Exact text from the filing
The Board appointed Michael T. Kestner, the Board’s Lead Independent Director, to serve as Chairman of the Board effective April 1, 2023.
View on SEC.gov

OPENLANE, Inc. filing history →

Source: SEC EDGAR
accession 0001395942-23-000037
view filing index on sec.gov
view primary document
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.