Fundz

OPENLANE Names Brad Herring as Chief Financial Officer

PUBLIC · OPLNApr 22, 2025

Position

Vice President

Company

OPENLANE

Brad Herring
CarmelManufacturingAutomotiveLogistics

Description

OPENLANE, Inc. has appointed Brad Herring as EVP and Chief Financial Officer, effective May 27, 2025. Herring brings over 30 years of financial management expertise and will lead all financial functions at OPENLANE.

Quick answer

OPENLANE Names Brad Herring as Chief Financial Officer (April 22, 2025). OPENLANE is based in Carmel, Indiana, United States.

Who is the new Vice President at OPENLANE?
OPENLANE named Brad Herring Vice President, announced April 22, 2025.
What did OPENLANE announce on April 22, 2025?
OPENLANE, Inc. has appointed Brad Herring as EVP and Chief Financial Officer, effective May 27, 2025. Herring brings over 30 years of financial management expertise and will lead all financial functions at OPENLANE.
What does OPENLANE do?
OPENLANE, Inc. (NYSE: KAR) provides sellers and buyers across the global wholesale used vehicle industry with innovative, technology-driven remarketing solutions.
Where is OPENLANE based?
OPENLANE is based in Carmel, Indiana, United States.
Which similar companies made leadership changes around the same time?
Lucid Group (May 6, 2025), Greenbrier (May 21, 2025), Magna Tyres (April 22, 2025) and AutoNation (April 21, 2025) also announced leadership changes within 45 days of OPENLANE.

Source: Fundz verified event record.

Other recent leadership changes in Automotive and Logistics

Executive moves at companies in the same sectors within 45 days, from Fundz verified event records.

Who to call at OPENLANE, and when

A new leader at OPENLANE brings new priorities and often new vendors. The first weeks are when they listen.

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Company Information

Company

OPENLANE

Location

11299 N. Illinois Street

Carmel, Indiana, United States

About

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 Carmel, Indiana, OPENLANE has employees across the United States, Canada, Europe, Uruguay and the Philippines.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.