Openlane Inc (NYSE:KAR)
$ 16 -0.21 (-1.3%) Market Cap: 1.73 Bil Enterprise Value: 2.04 Bil PE Ratio: 0 PB Ratio: 1.30 GF Score: 80/100

KAR Auction Services Inc Annual Shareholders Meeting Transcript

Jun 04, 2021 / 01:00PM GMT
Release Date Price: $18.23 (-0.87%)
James P. Hallett
KAR Auction Services, Inc. - Executive Chairman of the Board

Good morning, ladies and gentlemen. I am Jim Hallett, Executive Chairman and Chairman of the Board of KAR Global. It is my pleasure on behalf of the Board of Directors and the officers of KAR to extend to you a warm welcome and to express our appreciation to you for attending our 2021 Annual Meeting of Stockholders. We're excited to be hosting a virtual meeting again this year, which allows us to reach a greater number of our stockholders and keep everyone safe during the pandemic.

I will preside as Chairman of the meeting; and Chuck Coleman, Chief Legal Officer and Secretary, will serve as Secretary of the meeting. Copies of our proxy statement and the annual report are available on the annual meeting web portal. At this time, I would like to call the meeting to order.

Before we move on to official business, I would like to introduce our nominees to the Board of Directors, each in attendance today. In addition to myself, we have Roy Mackenzie, Carmel Galvin, Mark Hill, Mark Howell, Stefan Jacoby, Peter Kelly

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