---
schema_version: "secwatch.filing_event.v1"
accession: "0001395942-24-000050"
form_type: "8-K"
ticker: "OPLN"
cik: "0001395942"
company_name: "OPENLANE, Inc."
filed_at: "2024-06-20T23:59:59+00:00"
generated_at: "2026-06-01T03:19:17.514754+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# OPENLANE announces departure of EVP Operations and CAO; appoints new CAO and director

## Summary
- Sriram Subrahmanyam (EVP Operations) and Scott Anderson (CAO) to depart, remain in transitional roles through Q3 2024 and end of year respectively.
- Dwayne Price promoted to Chief Accounting Officer effective June 23, 2024; previously VP Financial Planning & Analysis.
- Board expanded to 9 directors; Randy Altschuler (CEO of Xometry) elected as director effective June 17, 2024.

## SEC filing metadata
- accession: 0001395942-24-000050
- form_type: 8-K
- ticker: OPLN
- cik: 0001395942
- company_name: OPENLANE, Inc.
- filed_at: 2024-06-20T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1395942/000139594224000050/0001395942-24-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1395942/000139594224000050/kar-20240613.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001395942-24-000050
- JSON: https://secwatch.observer/filing/0001395942-24-000050.json
- Plain text: https://secwatch.observer/filing/0001395942-24-000050.txt

## Key facts
- Executive change
  Scott A. Anderson departed as Chief Accounting Officer at OPENLANE, Inc..
  - Action: depart
  - Role: Chief Accounting Officer
  source text: Scott A. Anderson, the Company’s Chief Accounting Officer and principal accounting officer, will depart from the Company but are expected to remain with the Company in transitional roles
  evidence_url: https://www.sec.gov/Archives/edgar/data/1395942/000139594224000050/0001395942-24-000050-index.htm
- Executive change
  Sriram Subrahmanyam departed as Executive Vice President, Operations and President, Services and International Markets at OPENLANE, Inc..
  - Action: depart
  - Role: Executive Vice President, Operations and President, Services and International Markets
  source text: Sriram Subrahmanyam, the Company’s Executive Vice President, Operations and President, Services and International Markets, and Scott A. Anderson, the Company’s Chief Accounting Officer and principal accounting officer, will depart from the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/1395942/000139594224000050/0001395942-24-000050-index.htm
- Executive change
  Dwayne Price was appointed as Chief Accounting Officer at OPENLANE, Inc..
  - Action: appointed
  - Role: Chief Accounting Officer
  source text: Dwayne Price will serve as Chief Accounting Officer and principal accounting officer of the Company, effective June 23, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1395942/000139594224000050/0001395942-24-000050-index.htm

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