• Openlane expanded its board to 10 members, naming David Hult as a director effective June 12, 2026.
• Hult is Executive Chairman of Asbury Automotive Group since May 2026.
• He previously served as Asbury’s president and CEO from January 2018 to May 2026.
• Earlier roles include COO at RJL-McLarty-Landers Automotive Holdings and senior positions at Group One Automotive.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Openlane Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001395942-26-000027), on June 12, 2026, and is solely responsible for the information contained therein.