OPENLANE adds Asbury Automotive Executive Chairman David Hult to Board of Directors

Filed June 11, 2026 · Period ending June 9, 2026 · ~1 min read

Key Changes

• medium

  Board expanded from 9 to 10 directors with election of David Hult, Executive Chairman of Asbury Automotive Group, effective June 12, 2026. Term runs through 2027 annual meeting.

  Item 5.02 verify on EDGAR →
• medium

  Hult brings deep automotive industry expertise, having served as Asbury's CEO from 2018-2026 and COO from 2014-2018. Asbury is a major automotive retailer (NYSE: ABG).

  Item 5.02 verify on EDGAR →
• low

  New director will receive standard compensation per company's April 2026 proxy statement. No special arrangements disclosed.

  Item 5.02 verify on EDGAR →