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Leadership changes · OPLN · SEC Form 8-K, Item 5.02

Leadership changes at OPENLANE, Inc. (2026)

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Who joined and who left OPENLANE, Inc. (OPLN)? 1 appointment reported on 2026-06-12, each cited to the company's own filing.

David Hult was appointed Director of OPENLANE, Inc., effective June 12, 2026. As of November 6, 2026, OPENLANE, Inc. has reported one leadership change filing to the SEC under Item 5.02 of Form 8-K, on June 12, 2026, naming 1 appointment (Form 8-K, June 12, 2026).

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Burgundy Asset Management Ltd. also filed stake reports on 4 other companies ↓

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Changes1
In (appointed)1
Latest filing2026-06-12

OPENLANE, Inc. reported a change among its directors and officers to the SEC on Form 8-K, Item 5.02, on 2026-06-12. It names 1 person. Every row below is cited to the filing it comes from, and this page adds each new change as OPENLANE, Inc. files it.

Also on the record for OPENLANE, Inc.

DateRecordFigureOur pageSource
October 30, 2026Stake report, Schedule 13G/A, by Vanguard Capital Management4.75% of the class5%+ stakesSource
October 27, 2026Stake report, Schedule 13G/A, by BlackRock, Inc.13% of the class5%+ stakesSource
October 8, 2026Stake report, Schedule 13G/A, by Dimensional Fund Advisors LP5.1% of the class5%+ stakesSource
August 13, 2026Stake report, Schedule 13D/A, by Ignition Acquisition Holdings GP LLC6.9% of the class5%+ stakesSource
August 12, 2026Stake report, Schedule 13G/A, by Bank of Montreal4.52% of the class5%+ stakesSource
June 1, 2026Stake report, Schedule 13D/A, by Ignition Acquisition Holdings GP LLC13.4% of the class5%+ stakesSource
April 30, 2026Stake report, Schedule 13G, by Vanguard Capital Management5.26% of the class5%+ stakesSource
April 29, 2026Stake report, Schedule 13G, by Vanguard Portfolio Management5.76% of the class5%+ stakesSource
March 27, 2026Stake report, Schedule 13G/A, by The Vanguard Group—5%+ stakesSource
February 12, 2026Stake report, Schedule 13G, by Bank of Montreal7.04% of the class5%+ stakesSource
February 12, 2026Stake report, Schedule 13G/A, by Burgundy Asset Management Ltd.6.82% of the class5%+ stakesSource
October 8, 2025Stake report, Schedule 13D/A, by Ignition Acquisition Holdings GP LLC13.3% of the class5%+ stakesSource

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Timeline

FiledIn / outPersonRoleEffectiveSource
2026-06-12InDirector2026-06-128-K, 2026-06-12

Who leads OPENLANE, Inc., as last reported?

For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.

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Every change, in the filing's words

Filed 2026-06-12 · 8-K

Appointed: David Hult, Director, effective 2026-06-12

On June 9, 2026, the Board of Directors (the "Board") of OPENLANE, Inc. (the "Company") increased the size of the Board to ten (10) directors and elected David Hult as a director of the Company, effective June 12, 2026.

Also stated in this filing

  • Mr. Hult will serve for a term expiring at the 2027 annual meeting of the Company's stockholders and until his successor is duly elected and qualified.
  • Mr. Hult, age 60, has served as Executive Chairman of Asbury Automotive Group, Inc. ("Asbury"), an automotive retailer (NYSE: ABG), since May 2026, and as a member of the Board of Directors of Asbury since January 2018.
  • Mr. Hult previously served as President and Chief Executive Officer of Asbury from January 2018 to May 2026 and Executive Vice President and Chief Operating Officer of Asbury from November 2014 to January 2018.
  • Prior to Asbury, Mr. Hult served as Chief Operating Officer of RJL-McLarty-Landers Automotive Holdings, LLC from January 2013 to November 2014, and held several roles with Group One Automotive, Inc. from 2004 to 2012, including Vice President of Fixed Operations and Marketing, Regional Vice President - East Region, and Market Director for New England.
  • After serving in the U.S. Army, Mr. Hult started his career as a retail sales associate within the automotive industry.
  • Mr. Hult attended the Advanced Management Program at the Harvard Business School.
  • In connection with his appointment to the Board, Mr. Hult will be entitled to receive cash and equity compensation as described in the Company's definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on April 24, 2026.

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Where this comes from

A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.

Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.

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Cite this page

Permanent URL: https://mentionfox.com/executive-changes/openlane
Last updated 2026-11-06
Primary record: SEC filing 1 · SEC filing 2 · SEC filing 3 · SEC filing 4
Who joined OPENLANE, Inc.? Leadership changes (2026). MentionFox, 2026-11-06. https://mentionfox.com/executive-changes/openlane