OPENLANE INC (OPLN)
Sector: Industrials
Sector: Industrials
OPENLANE INC - Executive Compensation
Chief Executive Officer
Executive Compensation
Peter Kelly serves as Chief Executive Officer of OPENLANE Inc., a leading digital wholesale vehicle marketplace that connects sellers and buyers through innovative online auctions and services. With more than 25 years of experience in the automotive industry, Peter has built a distinguished career focused on operational excellence, digital transformation, and market expansion. He joined OPENLANE in 2021 as President and Chief Operating Officer, following a successful tenure as President and CEO of Manheim Americas at Cox Automotive, where he oversaw North American operations, drove record auction volumes, and implemented advanced technology solutions to enhance dealer experiences. Under Peter's leadership at Manheim, the company achieved significant growth, including multimillion-dollar revenue increases and the adoption of AI-driven tools for vehicle inspections and pricing. At OPENLANE, he spearheaded the integration of key platforms like ADESA and TradeRev, positioning the company for accelerated digital innovation and market leadership. His strategic vision has resulted in expanded services, improved transaction speeds, and stronger partnerships across commercial and dealer segments. As CEO since 2023, Peter Kelly continues to steer OPENLANE toward a future of seamless, technology-enabled wholesale solutions, emphasizing customer-centric platforms, data analytics, and sustainability initiatives to meet the evolving demands of the automotive remarketing industry.