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KAR Auction Services Inc (NYSE:KAR)

41.68
Delayed Data
As of Dec 02
 +0.19 / +0.46%
Today’s Change
31.54
Today|||52-Week Range
44.10
+12.56%
Year-to-Date
SECTOR
Commercial Services
INDUSTRY
Miscellaneous Commercial Services
MARKET CAP
$5.8B

Company Description

KAR Auction Services, Inc. engages in the provision of whole car auction services in North America and salvage auction services in North America and the United Kingdom. It operates through the following segments: ADESA Auctions, IAA, and AFC. The ADESA segment provides whole care auctions and related services to the vehicle remarketing industry in North America. The IAA segment offers salvage vehicle auctions and related services. It also facilitates the remarketing of vehicles for a variety of sellers, including insurance companies, dealership, rental car companies, fleet lease companies, and charitable organizations. The AFC segment engages in the provision of floor plan financing to independent used vehicle dealers. The company was founded on November 9, 2006 and is headquartered in Carmel, IN.

Contact Information

KAR Auction Services, Inc.
13085 Hamilton Crossing Boulevard
Carmel Indiana 46032
P:(317) 815-9135
Investor Relations:

Employees

Shareholders

Mutual fund holders56.57%
Other institutional47.43%
Individual stakeholders13.72%

Top Executives

James P. HallettChairman & Chief Executive Officer
Donald S. GottwaldChief Operating Officer
Eric M. LoughmillerChief Financial Officer & Executive Vice President
Peter J. KellyChief Technology Officer
Rebecca C. PolakSecretary, Executive VP & General Counsel