KAR Global Names New CFO

By Staff Writer April 17, 2023

 KAR Global has named Brad Lakhia EVP and Chief Financial Officer. Lakhia will be responsible for leading all financial and reporting functions across KAR, as well as investor relations and the company’s capital investment strategy. Lakhia also joins KAR’s executive committee and will report to KAR Global CEO Peter Kelly.

“We are committed to delivering the very best possible results for both our customers and our stockholders,” Kelly said. “Brad is a skilled financial operator who thrives in a data-rich environment—a great fit and advantage as KAR extends our leadership as a digital marketplace company.”

Lakhia brings more than 25 years of experience including treasury, financial planning and analysis, business development, mergers and acquisitions, and operational finance within large and complex companies.

“I’m delighted to join KAR at such a momentous time in the company’s transformation, and deeply admire the company’s clarity of vision and purpose,” Lakhia said.

Lakhia holds a Master of Business Administration in Finance from Case Western Reserve University and is a non-practicing CPA. He will be based at KAR Global headquarters in Carmel, Ind.

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Last modified on Tuesday, 18 April 2023 13:44