James P. Hallett
Net Worth
Last updated:
What is James P. Hallett net worth?
The estimated net worth of Mr. James P. Hallett is at least $47,325,572 as of 9 May 2024. He owns shares worth $17,669,699 as insider, has earned $4,305,873 from insider trading and has received compensation worth at least $25,350,000 in KAR Auction Services, Inc..
What is the salary of James P. Hallett?
Mr. James P. Hallett salary is $1,950,000 per year as Executive Chairman in KAR Auction Services, Inc..
How old is James P. Hallett?
Mr. James P. Hallett is 72 years old, born in 1953.
What stocks does James P. Hallett currently own?
As insider, Mr. James P. Hallett owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
KAR Auction Services, Inc. (KAR) | Executive Chairman | 626,141 | $28.22 | $17,669,699 |
What does KAR Auction Services, Inc. do?
KAR Auction Services, Inc., together with its subsidiaries, provides used vehicle auctions and related vehicle remarketing services for the automotive industry in the United States, Europe, Canada, Mexico, and the United Kingdom. The company operates through two segments, ADESA Auctions and AFC. The ADESA Auctions segment offers whole car auctions and related services to the vehicle remarketing industry through online auctions and auction facilities. It also provides value-added services, such as auction related, transportation, reconditioning, inspection, title and repossession administration and remarketing, vehicle research, and analytical services, as well as data as a service. This segment sells its products and services through vehicle manufacturers, fleet companies, rental car companies, finance companies, and others. As of December 31, 2021, this segment had a network of approximately 70 vehicle logistics center locations in North America. The AFC segment offers floorplan financing, a short-term inventory-secured financing to independent used vehicle dealers; and sells vehicle service contracts. The company provides wheel repair and hail catastrophe response services. It serves vehicle manufacturers, vehicle rental companies, financial institutions, commercial fleets and fleet management companies, and dealer customers. The company was formerly known as KAR Holdings, Inc. and changed its name to KAR Auction Services, Inc. in November 2009. KAR Auction Services, Inc. was incorporated in 2006 and is headquartered in Carmel, Indiana.
James P. Hallett insider trading
KAR Auction Services, Inc.
Mr. James P. Hallett has made 7 insider trades between 2012-2024, according to the Form 4 filled with the SEC.
The largest trade he's ever made was exercising 194,404 units of KAR stock on 23 Feb 2024. As of 9 May 2024 he still owns at least 626,141 units of KAR stock.
KAR Auction Services key executives
KAR Auction Services, Inc. executives and other stock owners filed with the SEC:
- Mr. Eric M. Loughmiller (65) Executive Vice President & Chief Financial Officer
- Mr. James P. Hallett (72) Executive Chairman
- Mr. John C. Hammer (54) Chief Commercial Officer
- Mr. Peter J. Kelly (56) Chief Executive Officer & Director
- Mr. Thomas J. Fisher (51) Executive Vice President & Chief Digital Officer