KAR Auction Services, Inc. Appoints James Coyle as Chief Digital Officer, Effective October 26, 2021
October 25, 2021 at 04:15 pm EDT
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KAR Auction Services, Inc., d/b/a/KAR Global announced the company has hired James Coyle as Chief Digital Officer. Coyle will be responsible for a number of the company's digital marketplace businesses and other digital offerings. He will focus on expanding the company's digital footprint and delivering a differentiated suite of products and services to KAR's commercial, dealer, financial institution, rental and fleet customers. Coyle will be a member of the company's executive leadership team and will report to KAR Global CEO Peter Kelly.Coyle brings a broad range of leadership, technology and digital experience to KAR, including previous roles at Microsoft and Amazon, where he served as the category leader for consumer electronics. He was most recently the CEO at RealSelf, a digital marketplace connecting consumers with physicians for medical and cosmetic procedures. Prior to that, Coyle was the chief customer officer at Varsity Tutors, where he tripled the size of the business in under three years and helped position the company for its successful IPO in early 2021. He will join the company beginning October 26, 2021, and be based at KAR Global headquarters in Carmel, Indiana.
OPENLANE, Inc. provides sellers and buyers across the global wholesale used vehicle industry with technology-driven remarketing solutions. It offers a digital marketplace for used vehicles, connecting sellers and buyers across North America and Europe. The Company's end-to-end platform supports whole car, financing, logistics and other ancillary and related services. The Companyâs segments include Marketplace and Finance. The Marketplace segment serves a domestic and international customer base through digital marketplaces for wholesale vehicles that allow the buyers to inspect and compare vehicles. Its marketplace offerings allow it to offer vehicles for sale from any location. Digital marketplace sales are initiated online and include OPENLANE US, OPENLANE Canada and OPENLANE Europe sales. The Finance segment provides short-term, inventory-secured financing, known as floorplan financing, primarily to independent dealer customers throughout the United States and Canada.
OPENLANE, INC. 
