Eric M. Loughmiller
Net Worth
Last updated:
What is Eric M. Loughmiller net worth?
The estimated net worth of Mr. Eric M. Loughmiller is at least $21,883,678 as of 9 Dec 2022. He owns shares worth $6,815,045 as insider, has earned $68,633 from insider trading and has received compensation worth at least $15,000,000 in KAR Auction Services, Inc..
What is the salary of Eric M. Loughmiller?
Mr. Eric M. Loughmiller salary is $1,000,000 per year as Executive Vice President & Chief Financial Officer in KAR Auction Services, Inc..
How old is Eric M. Loughmiller?
Mr. Eric M. Loughmiller is 65 years old, born in 1960.
What stocks does Eric M. Loughmiller currently own?
As insider, Mr. Eric M. Loughmiller owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
KAR Auction Services, Inc. (KAR) | Executive Vice President & Chief Financial Officer | 241,497 | $28.22 | $6,815,045 |
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.
Eric M. Loughmiller insider trading
KAR Auction Services, Inc.
Mr. Eric M. Loughmiller has made 6 insider trades between 2010-2022, according to the Form 4 filled with the SEC.
The largest trade he's ever made was exercising 49,150 units of KAR stock on 6 Mar 2020. As of 9 Dec 2022 he still owns at least 241,497 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