Used Car NewsUsed Car News

  • ABG +1.28 - +2.34%
  • AN +1.14 - +2.31%
  • CACC -1.05 - -0.56%
  • CAR +0.56 - +1.98%
  • CARZ -0.2391 - -0.7307%
  • CPRT +0.74 - +1.54%
  • CPSS -0.05 - -1.26%
  • CRMT +0.89 - +3.85%
  • DAI
  • F -0.01 - -0.07%
  • FIATY
  • GM +0.10 - +0.32%
  • HMC -0.58 - -2.09%
  • HTZ +0.01 - +0.11%
  • KAR +0.23 - +0.56%
  • KMX +0.20 - +0.37%
  • LAD +0.79 - +0.97%
  • MZDAF +0.00 - +0.00%
  • NSANY -0.09 - -0.49%
  • PAG +0.73 - +1.90%
  • SAH +0.28 - +1.61%
  • TM -1.68 - -1.64%
  • TRAK +0.00 - +0.00%
  • TSLA -2.08 - -0.92%
  • TTM +0.07 - +0.24%
  • VLKAY -0.05 - -0.18%
  • VROM

Featured News

State Fines, Bans Buy-Here, Pay-Here Dealer

The Pennsylvania Department of Banking and Securities has issued an order against Dean M. La...

Read more

Exeter Debuts New Logo, Other Updates
Exeter Finance Corp. unveiled a new company logo to dealers and customers in tandem with the company...

Read more

Edmunds Sees Slight Dip in Sales
Used-cars sales declined slightly in May.
Edmunds.com estimates 3.2 million used cars will be...

Read more

America’s Car-Mart’s Profits Tumble
America’s Car-Mart Inc. reported that net earnings in the latest quarter fell to $3.4 million, compa...

Read more

State Fines, Bans Buy-Here, Pay-Here Dealer
Exeter Debuts New Logo, Other Updates
Edmunds Sees Slight Dip in Sales
America’s Car-Mart’s Profits Tumble

Used Car News | Home

KAR Promotes Two Execs

KAR Auction Services Inc. announced the promotions of Peter Kelly to the position of chief technology officer and Lisa Price as executive vice president of human resources.

Both Kelly and Price will report directly to KAR CEO Jim Hallett.

Kelly most recently served as president and CEO of Openlane, which KAR acquired in late 2011. Price served as vice president of litigation and employment counsel for KAR and all of the company's business units.

Kelly, who co-founded Openlane in 1999, grew the company from concept stage to an online automotive auction operation. During this time, he held several executive positions in finance, operations, management and customer relations. Kelly next oversaw a technology integration that involved migrating all of ADESA's online business to the Openlane technology platform.

In his new role, Kelly will define and implement best technology practices across all business units, identify and offer insight on appropriate technology-related investments, and track technology standards, industry trends and emerging technologies. A major part of his focus will be the online strategy and execution for ADESA, including Openlane and its customers.

In her new role, Price will oversee all of human resources' functions for KAR and all its subsidiaries, including ADESA, Insurance Auto Auctions and Automotive Finance Corp. Before joining ADESA as corporate counsel in 2005, Price worked in private practice for six years in the areas of employment law, litigation and compliance issues. She is skilled in the areas of workers compensation, employee relations and employee benefits as well as risk management.


Other Auction Extra Stories

Trucks Fall, But Prices Remain High

Auction Academy Holds Joint Session

Remarketer Names Development Director