High Tech Locksmiths Promotes David Moore to Chief Operating Officer

High Tech Locksmiths Promotes David Moore to Chief Operating Officer

Industry Veteran Brings More than Three Decades Experience

FOR IMMEDIATE RELEASE

Carmel, Ind. – Oct. 19, 2023 – High Tech National, LLC d/b/a High Tech Locksmiths (HTL), a subsidiary of provider of digital marketplace solutions for used vehicles OPENLANE, Inc. (NYSE: KAR), today announced the promotion of David Moore to chief operating officer. In his expanded new role, Moore will oversee all aspects of HTL including operations, business development, innovation and customer service.

“David brings over 30 years of automotive and leadership experience to this role, along with a deep understanding of the needs of HTL’s customers,” said Srisu Subrahmanyam, EVP, operations and president, services and international markets at OPENLANE. “A skilled operator, David is the right person to advance the HTL mission of providing industry-leading automotive locksmithing solutions and impeccable customer service. His authentic industry relationships, operational accountability and integrity will help HTL deliver results for both our customers and our company.”

Moore, who joined OPENLANE in 2007, has been with HTL since 2020. As chief operating officer, Moore will serve as the top officer for HTL, leveraging his experience and relationships to position the company for growth in the auction, dealer, rental and forwarder segments. He will report to Subrahmanyam.

“I’m excited to bring my industry experience, knowledge and vision to this new role leading HTL,” said Moore, chief operating officer at HTL. “We have a highly skilled and dedicated team serving some of the best customers in the world, and I’m looking forward to ensuring we continue to provide fast and reliable service to each of them.”

Founded in 1992, HTL is a national leader in the automotive locksmithing industry, servicing a customer base of automotive auctions, repossession agents, financial institutions, car dealers and rental agencies. With a fleet of over 100 “Mobile Warehouses,” HTL provides comprehensive on-site key generation and duplication services across the United States. Learn more at htlkeys.com.

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High Tech Locksmiths Promotes David Moore to Chief Operating Officer

About OPENLANE

High Tech Locksmiths Promotes David Moore to Chief Operating Officer

OPENLANE, Inc. (NYSE: KAR) provides sellers and buyers across the global wholesale used vehicle industry with innovative, technology-driven remarketing solutions. OPENLANE’s unique end-to-end platform supports whole car, financing, logistics and other ancillary and related services. Our integrated marketplaces reduce risk, improve transparency and streamline transactions for customers around the globe. Headquartered in Carmel, Indiana, OPENLANE has employees across the United States, Canada, Europe, Uruguay and the Philippines. For more information and the latest OPENLANE news, visit corporate.openlane.com.

High Tech Locksmiths Promotes David Moore to Chief Operating Officer – High Tech Locksmiths Promotes David Moore to Chief Operating Officer – High Tech Locksmiths Promotes David Moore to Chief Operating Officer

High Tech Locksmiths Promotes David Moore to Chief Operating Officer – OPENLANEKAR Auction Services, Inc. d/b/a KAR GlobalRepossessRepossessionRemarketing

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