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Kar Auction Services Announces Executive Changes and Board Expansion
Company Announcements

Kar Auction Services Announces Executive Changes and Board Expansion

The latest announcement is out from Kar Auction Services (KAR).

OPENLANE, Inc. is undergoing significant leadership transitions, with Sriram Subrahmanyam and Scott A. Anderson set to leave their executive roles while transitioning through the end of the year. Dwayne Price steps up as the new Chief Accounting Officer, bringing years of in-house experience. Additionally, the Board has expanded to nine directors, appointing Randy Altschuler, a seasoned entrepreneur with a strong background in AI and outsourcing. Altschuler’s term will extend until the 2025 annual stockholders’ meeting, bringing his expertise from founding successful ventures and his education from Princeton and Harvard to OPENLANE.

Find detailed analytics on KAR stock on TipRanks’ Stock Analysis page.

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