The estimated Net Worth of James P Hallett is at least $19.9 Million dollars as of 9 May 2024. Mr. Hallett owns over 48,364 units of Openlane stock worth over $12,036,922 and over the last 21 years he sold KAR stock worth over $2,286,894. In addition, he makes $5,529,430 as Chairman of the Board and Chief Executive Officer at Openlane.
James has made over 30 trades of the Openlane stock since 2012, according to the Form 4 filled with the SEC. Most recently he exercised 48,364 units of KAR stock worth $763,668 on 9 May 2024.
The largest trade he's ever made was exercising 194,404 units of Openlane stock on 23 February 2024 worth over $2,282,303. On average, James trades about 21,261 units every 87 days since 2004. As of 9 May 2024 he still owns at least 762,313 units of Openlane stock.
You can see the complete history of Mr. Hallett stock trades at the bottom of the page.
James P. Hallett serves as Chairman of the Board, Chief Executive Officer of the Company. Mr. Hallett Chairman of the Company since December 2014 and Chief Executive Officer since September 2009. Chief Executive Officer and President of ADESA from April 2007 to September 2009, a wholly owned subsidiary of the Company. President of Columbus Fair Auto Auction, a large independent automobile auction located in Columbus, Ohio, from May 2005 to April 2007. After selling his auctions to ADESA in 1996, Mr. Hallett held various senior executive leadership positions with ADESA between 1996 and 2005, including President and Chief Executive Officer of ADESA. Founded and owned two automobile auctions in Canada from 1990 to 1996. Graduate of Algonquin College. Managed and then owned a number of new car franchise dealerships for 15 years. Winner of multiple industry awards, including NAAA Pioneer of the Year in 2008 and the Ed Bobit Industry Icon award in 2018. Recognized as the EY Entrepreneur of the Year 2014 National Services Award Winner and one of Northwood University's 2015 Outstanding Business Leaders.
As the Chairman of the Board and Chief Executive Officer of Openlane, the total compensation of James Hallett at Openlane is $5,529,430. There are no executives at Openlane getting paid more.
James Hallett is 67, he's been the Chairman of the Board and Chief Executive Officer of Openlane since 2014. There are 2 older and 25 younger executives at Openlane. The oldest executive at Openlane Inc. is Stephen Smith, 71, who is the Independent Director.
James's mailing address filed with the SEC is C/O: OPENLANE, INC., 11299 NORTH ILLINOIS STREET, CARMEL, IN, 46032.
Over the last 15 years, insiders at Openlane have traded over $6,946,941,398 worth of Openlane stock and bought 376,607 units worth $6,467,816 . The most active insiders traders include Holdings, L.P.Value Act Cap..., Holdings Ii, Llc Kar, and Sanjeev K Mehra. On average, Openlane executives and independent directors trade stock every 10 days with the average trade being worth of $9,578,530. The most recent stock trade was executed by James P Coyle on 15 May 2024, trading 6,000 units of KAR stock currently worth $108,540.
kar auction services, inc. (nyse: kar), a fortune® 1000 company, operates used vehicle auction services for north american sellers and buyers worldwide. based in carmel, ind., the kar group of companies is comprised of adesa, inc. (adesa), insurance auto auctions, inc. (iaa), automotive finance corporation, inc. (afc), and additional business units, with nearly 12,000 employees across the globe. adesa operates 65 wholesale used vehicle auctions and iaa has 165 salvage vehicle auctions. both companies offer leading online auction platforms to provide greater access for customers. afc provides inventory financing and comprehensive business services to primarily independent used vehicle dealers from its 105 locations. together, kar’s complementary businesses provide support, technology and logistics for the used vehicle industry. for more information, visit karauctionservices.com.
Openlane executives and other stock owners filed with the SEC include: