OPENLANE Names Brad Herring Chief Financial Officer
OPENLANE (NYSE: KAR) has appointed Brad Herring as EVP and Chief Financial Officer, effective May 27, 2025. Herring brings over 30 years of experience in financial operations, investor relations, and business development to the digital marketplace for wholesale used vehicles.
Herring will lead all financial, reporting, and investor-facing functions, including capital investment strategy, reporting directly to CEO Peter Kelly. His previous experience includes CFO positions at notable companies like Enfusion (NYSE:ENFN), Shift4 Payments (NYSE:FOUR), and Elavon, along with leadership roles at Equifax, Delta Air Lines, and ING North America.
The appointment aligns with OPENLANE's vision to build the world's greatest digital marketplace for used vehicles, leveraging Herring's expertise in improving financial performance and strengthening investor relations.
OPENLANE (NYSE: KAR) ha nominato Brad Herring come EVP e Chief Financial Officer, con effetto dal 27 maggio 2025. Herring porta con sé oltre 30 anni di esperienza in operazioni finanziarie, relazioni con gli investitori e sviluppo aziendale nel mercato digitale dei veicoli usati all'ingrosso.
Herring guiderà tutte le funzioni finanziarie, di reporting e di relazione con gli investitori, inclusa la strategia di investimento di capitale, riportando direttamente al CEO Peter Kelly. La sua esperienza precedente comprende ruoli di CFO in aziende di rilievo come Enfusion (NYSE:ENFN), Shift4 Payments (NYSE:FOUR) ed Elavon, oltre a posizioni dirigenziali in Equifax, Delta Air Lines e ING North America.
La nomina è in linea con la visione di OPENLANE di costruire il più grande mercato digitale mondiale per veicoli usati, sfruttando l’esperienza di Herring per migliorare le performance finanziarie e rafforzare le relazioni con gli investitori.
OPENLANE (NYSE: KAR) ha nombrado a Brad Herring como EVP y Director Financiero, con efecto a partir del 27 de mayo de 2025. Herring aporta más de 30 años de experiencia en operaciones financieras, relaciones con inversores y desarrollo empresarial en el mercado digital de vehículos usados al por mayor.
Herring liderará todas las funciones financieras, de informes y de atención a inversores, incluida la estrategia de inversión de capital, reportando directamente al CEO Peter Kelly. Su experiencia previa incluye cargos de CFO en empresas destacadas como Enfusion (NYSE:ENFN), Shift4 Payments (NYSE:FOUR) y Elavon, además de roles de liderazgo en Equifax, Delta Air Lines e ING North America.
El nombramiento está alineado con la visión de OPENLANE de construir el mayor mercado digital mundial para vehículos usados, aprovechando la experiencia de Herring para mejorar el rendimiento financiero y fortalecer las relaciones con los inversores.
OPENLANE (NYSE: KAR)는 2025년 5월 27일부로 브래드 헤링을 EVP 겸 최고재무책임자(CFO)로 임명했습니다. 헤링은 도매 중고차 디지털 마켓플레이스 분야에서 30년 이상의 재무 운영, 투자자 관계 및 비즈니스 개발 경험을 보유하고 있습니다.
헤링은 자본 투자 전략을 포함한 모든 재무, 보고 및 투자자 관련 업무를 총괄하며 CEO 피터 켈리에게 직접 보고할 예정입니다. 이전 경력으로는 Enfusion(NYSE:ENFN), Shift4 Payments(NYSE:FOUR), Elavon의 CFO직과 Equifax, Delta Air Lines, ING North America에서의 리더십 역할이 있습니다.
이번 임명은 중고차 분야 세계 최고의 디지털 마켓플레이스를 구축하겠다는 OPENLANE의 비전과 일치하며, 헤링의 전문성을 통해 재무 성과를 개선하고 투자자 관계를 강화할 계획입니다.
OPENLANE (NYSE : KAR) a nommé Brad Herring en tant que EVP et Directeur Financier, à compter du 27 mai 2025. Herring apporte plus de 30 ans d’expérience en opérations financières, relations avec les investisseurs et développement commercial sur le marché numérique des véhicules d’occasion en gros.
Herring dirigera toutes les fonctions financières, de reporting et de relations investisseurs, y compris la stratégie d’investissement en capital, en reportant directement au CEO Peter Kelly. Son expérience antérieure inclut des postes de CFO dans des entreprises renommées telles qu’Enfusion (NYSE:ENFN), Shift4 Payments (NYSE:FOUR) et Elavon, ainsi que des rôles de direction chez Equifax, Delta Air Lines et ING North America.
Cette nomination s’inscrit dans la vision d’OPENLANE de construire la plus grande place de marché numérique mondiale pour les véhicules d’occasion, en tirant parti de l’expertise de Herring pour améliorer la performance financière et renforcer les relations avec les investisseurs.
OPENLANE (NYSE: KAR) hat Brad Herring zum EVP und Chief Financial Officer ernannt, wirksam ab dem 27. Mai 2025. Herring bringt über 30 Jahre Erfahrung in Finanzoperationen, Investorenbeziehungen und Geschäftsentwicklung im digitalen Großhandelsmarkt für Gebrauchtfahrzeuge mit.
Herring wird alle finanziellen, berichtsbezogenen und investorenorientierten Funktionen leiten, einschließlich der Kapitalanlagestrategie, und direkt an CEO Peter Kelly berichten. Seine vorherigen Positionen umfassen CFO-Rollen bei namhaften Unternehmen wie Enfusion (NYSE:ENFN), Shift4 Payments (NYSE:FOUR) und Elavon sowie Führungspositionen bei Equifax, Delta Air Lines und ING North America.
Die Ernennung steht im Einklang mit OPENLANEs Vision, den weltweit größten digitalen Marktplatz für Gebrauchtfahrzeuge aufzubauen, wobei Herrings Expertise zur Verbesserung der finanziellen Leistung und zur Stärkung der Investorenbeziehungen genutzt wird.
- Appointment of seasoned CFO with over 30 years of financial management experience
- Strong background in digital companies (Enfusion, Shift4 Payments)
- Experience in improving financial and operational performance
- Expertise in investor relations and capital investment strategy
- None.
Bolsters Leadership Bench With More Than 30 Years of Financial Management and Investor Relations Expertise
"We remain committed to our vision to build the world's greatest digital marketplace for used vehicles," said Peter Kelly, CEO of OPENLANE. "Brad has a long track record improving financial and operational performance while increasing visibility and strengthening rapport with investors — a great fit as OPENLANE extends our momentum. His growth-mindset grounded in data, analytics and collaboration will complement and reinforce our culture of bold innovation and disciplined financial management. Brad's stable leadership and diverse experiences are just what we need to advance our strategy while delivering the very best results for both our customers and our stockholders."
Herring brings more than 30 years of experience spanning financial operations, investor relations, financial planning and analysis, public company reporting and business development. Most recently, Herring spent more than a dozen years serving as CFO of digitally-forward companies including Enfusion (NYSE:ENFN), a SAAS provider for hedge funds and asset managers, and Shift4 Payments (NYSE:FOUR), a global leader in technology-led payment processing. Herring also was the CFO of Elavon, a global provider of merchant services and payment processing, and Fiserv's Digital Banking Group. Previously, he held roles of progressive financial leadership at Equifax, Delta Air Lines and ING North America.
"I am very excited to be joining OPENLANE on its journey leading the digital transformation of buying and selling wholesale used vehicles," said Brad Herring, incoming EVP and Chief Financial Officer. "With Peter's leadership and OPENLANE's team of skilled professionals, I have great confidence in the organization's ability to deliver continued growth and value to both customers and shareholders through the unique pairing of its market-leading technology solutions and highly scalable financial profile."
Herring holds a bachelor of arts degree in business management and economics and a master of business administration from the Georgia Institute of Technology.
OPENLANE Contacts: | |
Media Inquiries: | Analyst Inquiries: |
Laurie Dippold | Jared Harnish |
(317) 468-3900 | (317) 249-4559 |
laurie.dippold@openlane.com | investor_relations@openlane.com |
About OPENLANE
OPENLANE, Inc. (NYSE: KAR) provides sellers and buyers across the global wholesale used vehicle industry with innovative, technology-driven remarketing solutions. OPENLANE's unique end-to-end platform supports whole car, financing, logistics and other ancillary and related services. Our integrated marketplaces reduce risk, improve transparency and streamline transactions for customers around the globe. Headquartered in
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SOURCE OPENLANE, Inc.
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