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Stock impact report

OPENLANE Promotes Will Mitchell to Lead AFC [Yahoo! Finance]

KAR Auction Services, Inc (KAR) 
Last kar auction services, inc earnings: 2/18 05:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Feb. 13, 2024 /PRNewswire/ -- OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the promotion of Will Mitchell to president of AFC effective April 1, 2024 . In his expanded role, Mitchell will oversee the vision, strategy and all operations for AFC, including business development, sales, field and commercial operations. Mitchell will also become a member of OPENLANE's executive leadership team and report to OPENLANE CEO Peter Kelly "Will is an experienced and forward-thinking leader with a bold vision for AFC," said Peter Kelly , CEO of OPENLANE. "Couple that with his accountability mindset and proven track-record delivering results for both our customers and our company — and Will is well-positioned to lead AFC into the future. His unmatched understanding of our business and deep customer and employee relationships will help ensure a seamless transition of management responsibilities." A seasoned operator, Mitchell bring Show less Read more
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