The estimated Net Worth of Eric M. Loughmiller is at least $6.73 Milhão dollars as of 9 December 2022. Mr. Loughmiller owns over 2,886 units of Openlane stock worth over $4,437,637 and over the last 14 years he sold KAR stock worth over $68,633. In addition, he makes $2,220,380 as Chief Financial Officer e Executive Vice President at Openlane.
Eric has made over 24 trades of the Openlane stock since 2012, according to the Form 4 filled with the SEC. Most recently he exercised 2,886 units of KAR stock worth $45,570 on 9 December 2022.
The largest trade he's ever made was buying 49,150 units of Openlane stock on 6 March 2020 worth over $901,411. On average, Eric trades about 3,996 units every 99 days since 2010. As of 9 December 2022 he still owns at least 281,041 units of Openlane stock.
You can see the complete history of Mr. Loughmiller stock trades at the bottom of the page.
Eric M. Loughmiller serves as Chief Financial Officer, Executive Vice President of the Company. Previously, from 2001 to 2006, Mr. Loughmiller was the Vice President and Chief Financial Officer of ThoughtWorks, Inc., an information technology consulting firm. Prior to that, Mr. Loughmiller served as Executive Vice President and Chief Financial Officer of May & Speh, Inc. from 1996 to 1998 until May & Speh was acquired by Acxiom Corporation. Mr. Loughmiller was the finance leader of the Outsourcing Division of Acxiom Corporation from 1998 to 2000. Prior to joining May & Speh, Mr. Loughmiller was an audit partner with PricewaterhouseCoopers LLP, an independent registered public accounting firm. Mr. Loughmiller is a certified public accountant.
As the Chief Financial Officer e Executive Vice President of Openlane, the total compensation of Eric Loughmiller at Openlane is $2,220,380. There are 1 executives at Openlane getting paid more, with James Hallett having the highest compensation of $5,529,430.
Eric Loughmiller is 60, he's been the Chief Financial Officer e Executive Vice President of Openlane since 2007. There are 7 older and 19 younger executives at Openlane. The oldest executive at Openlane Inc. is Stephen Smith, 71, who is the Independent Director.
Eric's mailing address filed with the SEC is C/O: KAR AUCTION SERVICES, 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, eSanjeev 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: