KAR Auction Services, Inc. ( NYSE:KAR ) insiders who purchased shares in the last 12 months were richly rewarded last...
KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the retirement of executive chairman Jim Hallett. Hallett retains his seat on KAR's board of directors while stepping down from his roles as executive chairman for KAR and chairman of the board of directors. Michael Kestner, who has served as lead independent director since 2019, has been named chairman of KAR's board effective April 1, 2023, and Peter Kelly
KAR Auction Services (KAR) delivered earnings and revenue surprises of 83.33% and 3.16%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?