Peter Kelly - KAR Auction CEO Director

XKR Stock  EUR 18.90  0.10  0.53%   

CEO

Mr. Peter J. Kelly is President of the Company. Mr. Kelly was President since January 2019. Previously, Mr. Kelly served as the President of Digital Services from December 2014 to January 2019 and the Chief Technology Officer from June 2013 to January 2019. Mr. Kelly was the President and Chief Executive Officer of Openlane from February 2011 to June 2013. Prior to that, Mr. Kelly was President and Chief Financial Officer of Openlane from February 2010 to February 2011. Mr. Kelly was a cofounder of Openlane in 1999 and served in a number of executive roles at Openlane from 1999 to 2010. since 2019.
Age 54
Tenure 5 years
Phone800 923 3725
Webhttps://www.karglobal.com
Kelly was a cofounder of Openlane in 1999 and served in a number of executive roles at Openlane from 1999 to 2010. He joined KAR in 2011 through the acquisition of OPENLANE where he served as cofounder, president and chief executive officer. OPENLANE is now the world’s leading online auction platform supporting privatelabel upstream programs for more than 40 OEM and financial institution brands. Over the past several years, he led the rearchitecture of OPENLANE’s core technology and has grown transaction volumes to more than one million per year. As president of KAR’s digital services group, Kelly also advanced the company’s logistics, recovery and mobility solutions capabilities.

Peter Kelly Latest Insider Activity

Tracking and analyzing the buying and selling activities of Peter Kelly against KAR Auction stock is an integral part of due diligence when investing in KAR Auction. Peter Kelly insider activity provides valuable insight into whether KAR Auction is net buyers or sellers over its current business cycle. Note, KAR Auction insiders must abide by specific rules, including filing SEC forms every time they buy or sell KAR Auction'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

KAR Auction Management Efficiency

The company has return on total asset (ROA) of 0.0139 % which means that it generated a profit of $0.0139 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0135 %, meaning that it generated $0.0135 on every $100 dollars invested by stockholders. KAR Auction's management efficiency ratios could be used to measure how well KAR Auction manages its routine affairs as well as how well it operates its assets and liabilities.
KAR Auction Services has accumulated 205.3 M in total debt with debt to equity ratio (D/E) of 1.71, which is about average as compared to similar companies. KAR Auction Services has a current ratio of 1.24, suggesting that it may not have the ability to pay its financial obligations in time and when they become due. Debt can assist KAR Auction until it has trouble settling it off, either with new capital or with free cash flow. So, KAR Auction's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like KAR Auction Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for KAR to invest in growth at high rates of return. When we think about KAR Auction's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 1 records

CEO Age

Cameron McIntyreCARSALESCOM
N/A
KAR Auction Services, Inc., together with its subsidiaries, provides used vehicle auctions and related vehicle remarketing services for the automotive industry in the United States, Europe, Canada, Mexico, and the United Kingdom. KAR Auction Services, Inc. was founded in 2006 and is headquartered in Carmel, Indiana. KAR AUCTION operates under Specialty Retail classification in Germany and is traded on Frankfurt Stock Exchange. It employs 8800 people. KAR Auction Services (XKR) is traded on Frankfurt Exchange in Germany and employs 42 people.

Management Performance

KAR Auction Services Leadership Team

Elected by the shareholders, the KAR Auction's board of directors comprises two types of representatives: KAR Auction inside directors who are chosen from within the company, and outside directors, selected externally and held independent of KAR. The board's role is to monitor KAR Auction's management team and ensure that shareholders' interests are well served. KAR Auction's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, KAR Auction's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mary Smith, Independent Director
Roy Mackenzie, Director
Thomas Fisher, Executive Vice President, Chief Information Officer
J Howell, Independent Director
James Money, President of AFC
Carmel Galvin, Independent Director
John Hammer, President and CEO of Automotive Finance Corporation
David DiDomenico, Independent Director
Michael Kestner, Lead Independent Director
Lisa Price, Executive Vice President, Chief People Officer
Michelle Bray, Chief Privacy Officer
Charles Coleman, Senior Vice President General Counsel, Secretary
Justin Davis, Pres BacklotCars
Mark Hill, Independent Director
Eric CPA, Ex CFO
Eric Loughmiller, Chief Financial Officer, Executive Vice President
James Hallett, Chairman of the Board, Chief Executive Officer
Benjamin Skuy, Executive Vice President - International Markets and Strategic Initiatives
Stephen Smith, Independent Director
Stefan Jacoby, Independent Director
Sriram Subrahmanyam, EVP Group
Tobin Richer, VP Communications
Peter Kelly, CEO Director
Michael Eliason, Vice President Investor Relations and Treasurer
Scott Anderson, Controller VP
James Coyle, Ex Officer

KAR Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is KAR Auction a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in KAR Stock

When determining whether KAR Auction Services is a strong investment it is important to analyze KAR Auction's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact KAR Auction's future performance. For an informed investment choice regarding KAR Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in KAR Auction Services. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Please note, there is a significant difference between KAR Auction's value and its price as these two are different measures arrived at by different means. Investors typically determine if KAR Auction is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, KAR Auction's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.