Openlane: Pay

Openlane paid its 6 named executives $21.7M in total in FY2025 (Dec). CEO Peter Kelly was paid $10.2M of that.

PayNo stock prices for these years
CEO pay is from each proxy. The stock line is the value of $100 put in the stock at the start, from the price change of each fiscal year. Dividends are not in it.

Pay of each named executive

Peter KellyChief Executive Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
FY2021 (Dec)Not disclosed
5 years
James CoyleExecutive Vice President and President, Marketplace
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
FY2022 (Dec)Not disclosed
4 years
Brad HerringExecutive Vice President and Chief Financial Officer
FY2025 (Dec)
1 year
Chuck ColemanExecutive Vice President, Chief Legal Officer and Secretary
FY2025 (Dec)
FY2024 (Dec)
2 years
Will MitchellPresident of AFC
FY2025 (Dec)
FY2024 (Dec)
2 years
Brad LakhiaFormer Executive Vice President and Chief Financial Officer
FY2025 (Dec)
FY2024 (Dec)
FY2023 (Dec)
3 years

CEO pay against the pay peers

In FY2023 (Dec), the median CEO pay of the 8 peers with pay on file was $10.1M. The CEO of Openlane was paid $6.7M, 33% below the median.

  1. 1Fair Isaac
  2. 2Costar Group
  3. 3Etsy
  4. 4Equifax
  5. 5Gentex
  6. 6Openlane
  7. 7Carvana
  8. 8CarGurus
  9. 9TripAdvisor
  10. 10ACV Auctions Inc.Not disclosed
  11. 11CarmaxNot disclosed
  12. 12Cars.com Inc.Not disclosed
  13. 13CopartNot disclosed
  14. 14IAA, Inc.Not disclosed
  15. 15Ritchie Bros. Auctioneers IncorporatedNot disclosed
  16. 16Rush Enterprises, Inc.Not disclosed
  17. 17Vroom, Inc.Not disclosed

Pay of each named executive comes from the Summary Compensation Table of each proxy statement. Realized pay adds the value of options used and stock that vested. CEO pay of each peer comes from its own Pay versus Performance table.