Carmel-based KAR Global has selected Peter Kelly as its chief executive officer. He has served as the company’s president since 2019, and will succeed longtime leader Jim Hallett when he takes over the role in April.
“Peter Kelly is a pioneer who helped ignite KAR’s digital transformation almost a decade ago when he brought OPENLANE into our company,” said Hallett. “Over the past several years, we’ve partnered closely to sharpen our strategy, evolve KAR’s operating model and extend the company’s leadership position in digital used vehicle marketplaces. Peter is a bold, decisive leader with a track record of building high-performing teams, and his entrepreneurial mindset makes him the perfect choice for our people and for KAR’s future.”
Hallett, who has been KAR Global’s CEO since 2009, will become the company’s executive chairman and continue to serve as chairman of the KAR Global board of directors.