Former Executive Vice President and Chief Financial Officer · OPENLANE, Inc. (KAR)

Brad Lakhia

A named executive officer of OPENLANE in every fiscal year CompBrief holds from FY2023 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2025

$128,437

FY2024: $2,390,180

Compensation figures as of the proxy filed April 24, 2026 (DEF 14A).

Brad Lakhia compensation by year

OPENLANE Summary Compensation Table · all 3 fiscal years held
In US dollars, as OPENLANE reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2023FY2024FY2025
Salary$398,077$575,000$110,577
Bonus$500,000$0$0
Stock awards$1,497,198$1,276,690$0
Option awards$1,851,047$0$0
Non-equity incentive$358,256$504,620$0
Pension and deferred compensation$0$0$0
All other$20,511$33,870$17,860
Total$4,625,089$2,390,180$128,437

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: OPENLANE, Inc. DEF 14A filed April 24, 2026, accession 0001104659-26-048054, and prior-year filings. Open the filing on EDGAR.

$4.6M
$2.4M
$128K
FY23
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsOption awardsAll other

OPENLANE’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Peter KellyChief Executive Officer$10,233,134
James CoyleExecutive Vice President and President, Marketplace$4,083,185
Brad HerringExecutive Vice President and Chief Financial Officer$3,364,856
Chuck ColemanExecutive Vice President, Chief Legal Officer and Secretary$2,180,678
Will MitchellPresident of AFC$1,702,708
Brad Lakhia · this pageFormer Executive Vice President and Chief Financial Officer$128,437

The full OPENLANE compensation record

free company brief

This page is one person within OPENLANE's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are OPENLANE's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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