The estimated Net Worth of Michael T. Kestner is at least $427 Thousand dollars as of 19 May 2022. Mr. Kestner owns over 5,000 units of Openlane stock worth over $172,458 and over the last 11 years he sold KAR stock worth over $0. In addition, he makes $255,031 as Lead Independent Director at Openlane.
Michael has made over 3 trades of the Openlane stock since 2014, according to the Form 4 filled with the SEC. Most recently he bought 5,000 units of KAR stock worth $73,500 on 19 May 2022.
The largest trade he's ever made was buying 5,000 units of Openlane stock on 19 May 2022 worth over $73,500. On average, Michael trades about 193 units every 68 days since 2014. As of 19 May 2022 he still owns at least 10,922 units of Openlane stock.
You can see the complete history of Mr. Kestner stock trades at the bottom of the page.
Michael T. Kestner serves as Lead Independent Director of the Company. Mr. Kestner is Consultant in the building products and automotive industry since December 2015. Chief Financial Officer of Building Materials Holding Corporation, a building products company, from August 2013 to December 2015. Partner in FocusCFO, LLC, a consulting firm providing part time CFO services, from April 2012 to August 2013. Executive Vice President, Chief Financial Officer and a director of Hilite International, Inc., an automotive supplier of powertrain parts, from October 1998 to July 2011. Chief Financial Officer of Sinter Metals, Inc., a supplier of metal power precision components, from 1995 to 1998. Served in various capacities at Banc One Capital Partners, Wolfensohn Ventures LP and as a senior audit manager at KPMG LLP. Graduated from Southeast Missouri State University.
As the Lead Independent Director of Openlane, the total compensation of Michael Kestner at Openlane is $255,031. There are 12 executives at Openlane getting paid more, with James Hallett having the highest compensation of $5,529,430.
Michael Kestner is 66, he's been the Lead Independent Director of Openlane since 2019. There are 3 older and 24 younger executives at Openlane. The oldest executive at Openlane Inc. is Stephen Smith, 71, who is the Independent Director.
Michael'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: