Peter Kelly is Chief Executive Officer of OPENLANE, Inc. (KAR). The company reported total compensation of $10,233,134 for fiscal year 2025.
| Salary | $773,000 |
|---|---|
| Bonus | $0 |
| Stock awards | $7,494,007 |
| Option awards | $0 |
| Non-equity incentive plan | $1,932,500 |
| Pension and non-qualified deferred compensation | $0 |
| All other compensation | $33,627 |
| Total | $10,233,134 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure OPENLANE, Inc. filed April 24, 2026, accession 0001104659-26-048054.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | Chief Executive Officer | $773,000 | $0 | $7,494,007 | $0 | $1,932,500 | $0 | $33,627 | $10,233,134 |
| FY2024 | Chief Executive Officer | $773,000 | $0 | $5,550,831 | $0 | $1,059,976 | $0 | $34,846 | $7,418,653 |
| FY2023 | Chief Executive Officer | $773,000 | $0 | $4,783,508 | $0 | $1,131,220 | $0 | $33,627 | $6,721,355 |
Totals as disclosed in each year's own compensation disclosure for OPENLANE, Inc..
| Peer-group chief executive median | $12,251,248 |
|---|---|
| Difference from that median | $-2,018,113 |
| Percentile within the disclosed peer group | 43rd |
| Peers with a disclosed figure | 14 |
Medians and percentiles are computed across the peer group OPENLANE, Inc. discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Peter Kelly this page | Chief Executive Officer | $10,233,134 |
| James Coyle | Executive Vice President and President, Marketplace | $4,083,185 |
| Brad Herring | Executive Vice President and Chief Financial Officer | $3,364,856 |
| Chuck Coleman | Executive Vice President, Chief Legal Officer and Secretary | $2,180,678 |
| Will Mitchell | President of AFC | $1,702,708 |
| Brad Lakhia | Former Executive Vice President and Chief Financial Officer | $128,437 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full OPENLANE, Inc. compensation brief.
Peter Kelly's compensation sits inside OPENLANE, Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.