Named CEO in 2021, Peter Kelly’s focus—OPENLANE’s purpose—is simple: “make wholesale easy so our customers can be more successful.” Leveraging his deep technology expertise, Kelly leads OPENLANE’s strategy, planning and growth, overseeing the development and delivery of next-generation products, services and capabilities and ensuring OPENLANE’s core businesses continue to innovate and evolve to meet the changing needs of customers. Kelly also serves on OPENLANE’s board of directors.
Prior to assuming his current role, Kelly was named president in 2019. As president, Kelly oversaw all business units and was responsible for the company’s digital platforms and solutions. He was also charged with strategic and operational oversight of the company’s data as a service, information technology and sales and marketing functions.
Kelly joined the company in 2011 through the acquisition of OPENLANE, the world’s leading online auction platform supporting private-label upstream programs for more than 40 OEM and financial institution brands. As co-founder, president and chief executive officer of OPENLANE, Kelly led the company from startup to the scaleup of what is now the leading online wholesale auction platform in North America sustaining more than one million transactions per year.
Earlier in his career, Kelly spent eight years managing engineering, construction and procurement projects for Taylor Woodrow, a U.K.-based construction and development firm. Kelly holds an engineering degree from University College Dublin and an MBA from Stanford University.
What is Peter J. Kelly's net worth?
The estimated net worth of Peter J. Kelly is at least $6.23 million as of February 26th, 2024. Mr. Kelly owns 323,355 shares of OPENLANE stock worth more than $6,229,434 as of March 30th. This net worth estimate does not reflect any other investments that Mr. Kelly may own. Additionally, Mr. Kelly receives a salary of $1,940,000.00 as CEO at OPENLANE. Learn More about Peter J. Kelly's net worth.
How old is Peter J. Kelly?
What is Peter J. Kelly's salary?
How do I contact Peter J. Kelly?
The corporate mailing address for Mr. Kelly and other OPENLANE executives is 11299 N. Illinois Street, CARMEL IN, 46032. OPENLANE can also be reached via phone at (800) 923-3725 and via email at mike.eliason@karauctionservices.com. Learn More on Peter J. Kelly's contact information.
Has Peter J. Kelly been buying or selling shares of OPENLANE?
Peter J. Kelly has not been actively trading shares of OPENLANE during the last quarter. Most recently, on Monday, February 26th, Peter J. Kelly bought 10,000 shares of OPENLANE stock. The stock was acquired at an average cost of $14.87 per share, with a total value of $148,700.00. Following the completion of the transaction, the chief executive officer now directly owns 323,355 shares of the company's stock, valued at $4,808,288.85. Learn More on Peter J. Kelly's trading history.
Who are OPENLANE's active insiders?
Are insiders buying or selling shares of OPENLANE?
In the last twelve months, OPENLANE insiders bought shares 1 times. They purchased a total of 4,985 shares worth more than $99,999.10. In the last twelve months, insiders at the specialty retailer sold shares 1 times. They sold a total of 6,000 shares worth more than $108,540.00. The most recent insider tranaction occured on November, 13th when CFO Brad S Lakhia bought 4,985 shares worth more than $99,999.10. Insiders at OPENLANE own 2.3% of the company.
Learn More about insider trades at OPENLANE. Information on this page was last updated on 11/13/2024.
