Consumer & Retail

Openlane Executive Compensation (FY25)

Name: Openlane (OPLN) executive compensation
Creator: Velarion
License: https://intel.velarion.ai/terms

OPLN · Executive and director compensation, fiscal 2022 to 2025

Chief executive, fiscal 2025

◇

Peter Kelly

Median of the other named officers

$2,180,678

5 officers, excluding the chief executive

Latest say-on-pay support

June 5, 2026

Chief executive pay ratio

◇

To the median employee

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Data as of November 5, 2026Latest filing (8-K): June 8, 2026

15 filings cited on this page

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340 figures on this page: 330 cited to the filing that reported them, 10 calculated from figures it prints. See the citations

Frequently asked questions

Answers drawn from the data on this page.

Who is Openlane's chief executive and what were they paid?

Total compensation for Peter Kelly, Chief Executive Officer, came to $10,233,134 in fiscal 2025. Kelly's total moved 37.9% higher from the $7,418,653 reported for fiscal 2024.

What was Openlane's say-on-pay result?

Shareholders supported the say-on-pay proposal with 97.9% of votes cast for or against in favor at the meeting held June 5, 2026 for fiscal 2025.

Which companies are in Openlane's peer group?

Companies named in the disclosed peer group include ACI Worldwide, Inc., ACV Auctions Inc., CarGurus, Inc., CarMax, Inc. and Cars.com Inc., among others. The 2025 Comparator Group names ACI Worldwide, Inc., ACV Auctions Inc., CarGurus, Inc., CarMax, Inc. and Carvana Co., among others. Companies named in the Revised 2025 Comparator Group include LiveRamp Holdings, Inc., Teradata Corporation and Zillow Group, Inc.

What is Openlane's chief executive pay ratio?

For fiscal 2025, the company reported a chief executive pay ratio of 191:1, against median employee compensation of $53,468.

Executive compensation

Every element reported for each named executive officer, by fiscal year.

Fiscal 2022

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Peter Kelly Chief Executive Officer	◇	—	◇	—	◇	—	◇	◇
James Hallett Executive Chairman and Chairman of the Board	◇	—	◇	—	◇	—	◇	◇
Eric Loughmiller Executive Vice President and Chief Financial Officer	◇	—	◇	—	◇	—	◇	◇
John Hammer Former Chief Commercial Officer for KAR and President of ADESA Departed during or after this year	◇	◇	◇	—	—	—	◇	◇
James Coyle Executive Vice President and Chief Digital Officer	◇	◇	◇	—	—	—	◇	◇
Thomas Fisher Former Executive Vice President and Chief Technology Officer Departed during or after this year	◇	—	◇	—	◇	—	◇	◇
Sriram Subrahmanyam President KAR Services Group, Executive Vice President Operations	◇	—	◇	—	◇	—	◇	◇
Justin Davis Former President of BacklotCars	◇	—	◇	—	◇	—	◇	◇

Fiscal 2023

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Peter Kelly Chief Executive Officer	◇	—	◇	—	◇	—	◇	◇
Brad Lakhia Former Executive Vice President and Chief Financial Officer	◇	◇	◇	◇	◇	—	◇	◇
James Coyle Executive Vice President and President, Marketplace	◇	—	◇	—	◇	—	◇	◇
Srisu Subrahmanyam Executive Vice President, Operations and President, Services & International Markets	◇	—	◇	—	◇	—	◇	◇
Justin Davis Former President of BacklotCars Departed during or after this year	◇	—	◇	—	◇	—	◇	◇
Jim Money Former President of AFC Departed during or after this year	◇	—	◇	—	◇	—	◇	◇
Scott Anderson Chief Accounting Officer and Former Interim Chief Financial Officer	◇	◇	◇	—	◇	—	◇	◇

Fiscal 2024

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Peter Kelly Chief Executive Officer	◇	—	◇	—	◇	—	◇	◇
James Coyle Executive Vice President and President, Marketplace	◇	—	◇	—	◇	—	◇	◇
Brad Lakhia Executive Vice President and Chief Financial Officer	◇	—	◇	—	◇	—	◇	◇
Sriram Subrahmanyam Executive Vice President, Operations and President, Services & International Markets	◇	—	◇	—	◇	—	◇	◇
Charles Coleman Executive Vice President, Chief Legal Officer and Secretary	◇	—	◇	—	◇	—	◇	◇
William Mitchell President of AFC	◇	◇	◇	—	◇	—	◇	◇

Fiscal 2025

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Peter Kelly Chief Executive Officer	◇	—	◇	—	◇	—	◇	◇
James Coyle Executive Vice President and President, Marketplace	◇	—	◇	—	◇	—	◇	◇
Bradley Herring Executive Vice President and Chief Financial Officer	◇	◇	◇	—	◇	—	◇	◇
Charles Coleman Executive Vice President, Chief Legal Officer and Secretary	◇	—	◇	—	◇	—	◇	◇
William Mitchell President of Automotive Finance Corporation (AFC)	◇	—	◇	—	◇	—	◇	◇
Brad Lakhia Former Executive Vice President and Chief Financial Officer Departed during or after this year	◇	—	—	—	—	—	◇	◇

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.

Fiscal 2025

Officer	Award	Grant date	Threshold units	Target units	Units granted	Maximum units	Exercise price	Grant date fair value
Brad Herring	RSU	◇	—	—	◇	—	—	◇
Brad Herring	PSU	◇	◇	◇	—	◇	—	◇
Chuck Coleman	RSU	◇	—	—	◇	—	—	◇
Chuck Coleman	PSU	◇	◇	◇	—	◇	—	◇
James Coyle	PSU	◇	◇	◇	—	◇	—	◇
James Coyle	RSU	◇	—	—	◇	—	—	◇
Peter Kelly	RSU	◇	—	—	◇	—	—	◇
Peter Kelly	PSU	◇	◇	◇	—	◇	—	◇
Will Mitchell	PSU	◇	◇	◇	—	◇	—	◇
Will Mitchell	RSU	◇	—	—	◇	—	—	◇

Fiscal 2022, 2023, 2024 are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.

As disclosed at fiscal 2025 year end

Officer	Award	Unvested units	Market value of unvested units	Exercise price	Expires
Peter Kelly	PSU	◇	◇	—	—
	Option	◇	—	◇	06/04/2031
	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	Option	◇	—	◇	03/04/2031
	RSU	◇	◇	—	—
James Coyle	Option	◇	—	◇	11/05/2031
	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
Bradley Herring	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
Chuck Coleman	PSU	◇	◇	—	—
	Option	◇	—	◇	06/04/2031
	PSU	◇	◇	—	—
	Option	◇	—	◇	03/04/2031
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
William Mitchell	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.

Brad Lakhia

Former Executive Vice President and Chief Financial Officer · Severance agreement

Severance multiple	◇
Change-in-control multiple	◇
Benefits continuation on change in control	◇
Benefits continuation	◇
Non-compete period	◇
Non-solicit period	◇

Bradley Herring

Executive Vice President and Chief Financial Officer · Employment agreement

Severance multiple	◇
Change-in-control multiple	◇
Benefits continuation on change in control	◇
Benefits continuation	◇
Non-compete period	◇
Non-solicit period	◇

Charles Coleman

Executive Vice President, Chief Legal Officer and Secretary · Terms as described in the company’s compensation discussion

Severance multiple	◇
Change-in-control multiple	◇
Benefits continuation on change in control	◇
Benefits continuation	◇
Non-compete period	◇
Non-solicit period	◇

James Coyle

Executive Vice President and President, Marketplace · Employment agreement

Severance multiple	◇
Change-in-control multiple	◇
Benefits continuation on change in control	◇
Benefits continuation	◇
Non-compete period	◇
Non-solicit period	◇

Peter Kelly

Chief Executive Officer · Employment agreement

Severance multiple	◇
Severance cash amount	◇
Change-in-control multiple	◇
Benefits continuation on change in control	◇
Benefits continuation	◇
Non-compete period	◇
Non-solicit period	◇

William Mitchell

President of Automotive Finance Corporation (AFC) · Employment agreement

Severance multiple	◇
Severance cash amount	◇
Change-in-control multiple	◇
Benefits continuation on change in control	◇
Benefits continuation	◇
Non-compete period	◇
Non-solicit period	◇

Director compensation

What each non-employee director was paid.

Fiscal 2025

Director	Fees earned in cash	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
J. Mark Howell Board chair	◇	◇	—	—	—	—	◇
Michael T. Kestner	◇	◇	—	—	—	—	◇
Carmel Galvin	◇	◇	—	—	—	—	◇
Stefan Jacoby	◇	◇	—	—	—	—	◇
Mary Ellen Smith	◇	◇	—	—	—	—	◇
Randolph Altschuler	◇	◇	—	—	—	—	◇

Roy Mackenzie, Kelly Tuminelli, Peter Kelly and Sanjeev Mehra served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.

Earlier years are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.

Board cash retainer	◇
Board equity retainer	◇
Total board retainer	◇
Board chair premium	◇
Lead independent director premium	◇
Audit committee chair	◇
Audit committee member	◇
Compensation committee chair	◇
Nominating and governance chair	◇

Equity is delivered as Restricted Stock.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Fiscal 2025

ACI Worldwide, Inc. ACIW
ACV Auctions Inc. ACVA
CarGurus, Inc. CARG
CarMax, Inc. KMX
Cars.com Inc. CARS
Carvana Co. CVNA
Copart, Inc. CPRT
CoStar Group, Inc. CSGP
Equifax Inc. EFX
Etsy, Inc. ETSY
Fair Isaac Corporation FICO
Frontdoor, Inc. FTDR
Gentex Corporation GNTX
LiveRamp Holdings, Inc. RAMP
RB Global, Inc. RBA
Teradata Corporation TDC
TripAdvisor, Inc. TRIP
Yelp, Inc. YELP
Zillow Group, Inc. Z

2025 Comparator Group

ACI Worldwide, Inc. ACIW
ACV Auctions Inc. ACVA
CarGurus, Inc. CARG
CarMax, Inc. KMX
Carvana Co. CVNA
Copart, Inc. CPRT
CoStar Group, Inc. CSGP
Equifax Inc. EFX
Etsy, Inc. ETSY
Fair Isaac Corporation FICO
Frontdoor, Inc. FTDR
Gentex Corporation GNTX
RB Global, Inc. RBA
TripAdvisor, Inc TRIP
Yelp, Inc. YELP

Revised 2025 Comparator Group

LiveRamp Holdings, Inc. RAMP
Teradata Corporation TDC
Zillow Group, Inc. Z

Say-on-pay history

Shareholder support for the compensation program, by year.

Year	Meeting	Support	Votes for	Votes against	Abstentions
2025	June 5, 2026	=	◇	◇	◇
2024	June 6, 2025	=	◇	◇	◇
2023	June 7, 2024	=	◇	◇	◇
2022	June 2, 2023	=	◇	◇	◇
2021	June 2, 2022	=	◇	◇	◇
2020	June 4, 2021	=	◇	◇	◇
2019	June 4, 2020	=	◇	◇	◇
2018	June 4, 2019	=	◇	◇	◇
2017	June 4, 2018	=	◇	◇	◇
2016	June 5, 2017	=	◇	◇	◇

Chief executive pay ratio

As calculated and reported by the company.

Ratio

◇

Median employee compensation

◇

Chief executive total compensation

◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”

- Peter Kelly (Chief Executive Officer), FY2025 total compensation $10,233,134 (base salary $773,000) [exec_comp, SEC accession 0001104659-26-048054, filed 2026-04-24]

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What this page does not include

Everything above is a fact Openlane disclosed, and it is free. Everything below is our analysis of those facts, and it is not.

Peer benchmarking

Where Openlane sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.

Executive Compensation Report — $500

Written compensation analysis

A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.

Executive Compensation Report — $500

Board and governance analysis

Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.

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Realizable pay

What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.

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Adviser switching and vote outcomes

Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.

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Multiple companies at once

Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.

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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.

340 figures on this page: 330 cited to the filing that reported them, 10 calculated from figures it prints.

330 cited to the filing

10 calculated from the filing

Documents cited

8-K, filed June 8, 2026
0001395942-26-000024
308,636 Kelly Tuminelli 112,840,015 58,866 15,321 4,308,636 3.
DEF 14A, filed April 24, 2026
0001104659-26-048054
CEO PAY RATIO · DIRECTOR COMPENSATION · Director Compensation Paid in 2025 · GRANTS OF PLAN-BASED AWARDS FOR 2025 · and 2 more sections
Filing, filed April 24, 2026
8-K, filed June 9, 2025
0001395942-25-000040
54 Mary Ellen Smith 129,582,736 4,723,583 189,372 4,301,454 3.
DEF 14A, filed April 25, 2025
0001104659-25-038987
Compensation Discussion and Analysis · SUMMARY COMPENSATION TABLE FOR 2024
8-K, filed June 10, 2024
0001395942-24-000042
DEF 14A, filed April 26, 2024
0001104659-24-052239
SUMMARY COMPENSATION TABLE FOR 2023
8-K, filed June 5, 2023
0001395942-23-000065
DEF 14A, filed April 21, 2023
0001104659-23-048039
SUMMARY COMPENSATION TABLE FOR 2022
8-K, filed June 2, 2022
0001395942-22-000042
8-K, filed June 7, 2021
0001395942-21-000055
8-K, filed June 5, 2020
0001395942-20-000079
8-K, filed June 6, 2019
0001395942-19-000073
8-K, filed June 4, 2018
0001395942-18-000084
8-K, filed June 5, 2017
0001395942-17-000078

Cite this data

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Velarion, “Openlane executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/OPLN (accessed 2026).

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15 filings cited on this page

Method: intel.velarion.ai/methodology

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Consumer & Retail rankings

Chief executive pay — Consumer & Retail CEO pay ratio — Consumer & Retail Say-on-pay support — Consumer & Retail

Peers Openlane discloses

The companies named in OPLN's own disclosed peer group.

ACI Worldwide, Inc.ACV Auctions Inc.CarGurus, Inc.CarMax, Inc.Cars.com Inc.Carvana Co.Copart, Inc.CoStar Group, Inc.Equifax Inc.Etsy, Inc.Fair Isaac Corporation Frontdoor, Inc.Gentex Corporation LiveRamp Holdings, Inc.RB Global, Inc.Teradata Corporation TripAdvisor, Inc.Yelp, Inc.Zillow Group, Inc.

Terms on this page

Say-on-Pay Vote CEO Pay Ratio Median Employee Compensation All companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data

APA

Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854

BibTeX

@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}

More on Openlane

Frequently asked questions

Executive compensation

Equity awards granted

Outstanding awards

Severance and change in control

Director compensation

Director fee schedule

Disclosed peer group

Say-on-pay history

Chief executive pay ratio

What this page does not include

Citations

Documents cited

The paid brief for Openlane

Consumer & Retail rankings

Peers Openlane discloses

Terms on this page