The estimated Net Worth of John C Hammer is at least $2.82 Million dollars as of 1 March 2022. Mr. Hammer owns over 2,154 units of Openlane stock worth over $631,347 and over the last 10 years he sold KAR stock worth over $0. In addition, he makes $2,184,190 as President of ADESA at Openlane.
John has made over 13 trades of the Openlane stock since 2015, according to the Form 4 filled with the SEC. Most recently he exercised 2,154 units of KAR stock worth $34,012 on 1 March 2022.
The largest trade he's ever made was exercising 32,000 units of Openlane stock on 3 June 2016 worth over $514,240. On average, John trades about 5,700 units every 124 days since 2015. As of 1 March 2022 he still owns at least 39,984 units of Openlane stock.
You can see the complete history of Mr. Hammer stock trades at the bottom of the page.
John C. Hammer serves as President of ADESA of the Company. Prior to ADESA, Mr. Hammer was Chief Executive Officer of U.S. Auto Sales, Inc. and U.S. Auto Finance, Inc. from June 2016 to February 2018, and Chief Executive Officer of Cruz Auto, LLC from June 2017 to February 2018. Mr. Hammer previously served as Chief Executive Officer and President of AFC from March 2014 to June 2016. Mr. Hammer joined AFC in April 2009 as Chief Operating Officer, and assumed the role of President of AFC in May 2013. Prior to AFC, Mr. Hammer held senior management roles for more than a decade at various subsidiaries of GMAC Financial Services. He has also served as a general manager at AutoNation and held management roles at Mercedes Benz Credit Corp. Mr. Hammer has 27 years of experience in the automotive industry.
As the President of ADESA of Openlane, the total compensation of John Hammer at Openlane is $2,184,190. There are 3 executives at Openlane getting paid more, with James Hallett having the highest compensation of $5,529,430.
John Hammer is 49, he's been the President of ADESA of Openlane since 2018. There are 19 older and 6 younger executives at Openlane. The oldest executive at Openlane Inc. is Stephen Smith, 71, who is the Independent Director.
John'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, 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: