OPENLANE, Inc. announced the upcoming retirement of AFC President Jim Money effective April 1, 2024. Money assumed his current role in 2016 and leaves a legacy of nearly 25 years of purpose-driven leadership, growth and innovation at AFC. The company has initiated a national search for Money's successor.

Money's time with AFC is the capstone on a career spanning over 36 years. He began his tenure with AFC in 1999, when he joined the company as controller. Over the next 17 years, Money progressed through various roles of increasing responsibility, culminating with his promotion to president in 2016.

Under his leadership, AFC became known for its differentiated service model anchored in relationships. He also established a best-in-class risk management approach, and accelerated the company's digital transformation. Prior to joining AFC, he held financial leadership roles at companies in the investment, transportation and other industries.