PAR Announces Hiring of Dave Baker as Vice President

Industry Veteran Brings Nearly 30 Years of Compliance, Operational and Leadership Experience

FOR IMMEDIATE RELEASE

Carmel, Ind. – Nov. 14, 2025 – PAR, Inc. (PAR), a subsidiary of OPENLANE, Inc. (NYSE: KAR), a leading operator of digital marketplaces for wholesale used vehicles, announces the hiring of Dave Baker as vice president of PAR. In this role, Baker will serve as the executive leader of PAR, with oversight of all sales, operations, compliance, remarketing, titles, industry relationships and other functions.

“I’m honored to join PAR and contribute to its continued growth and leadership in the automotive recovery space,” said Baker. “I look forward to building on PAR’s stellar reputation as an industry leader and collaborating with our talented team to drive innovation, efficiency and value for our clients.”

Baker joins PAR with nearly three decades of experience spanning corporate operations, law enforcement, and compliance management. He most recently served as Chief Operating Officer at American Recovery Service (ARS), where he led company-wide operations, vendor relations, compliance, and remarketing initiatives. Before transitioning into the corporate sector, Baker served as Chief of Police for the City of Marysville, California, where he led all law enforcement operations and implemented progressive policies to improve community engagement and departmental performance. His combined public safety and corporate leadership background uniquely positions him to strengthen PAR’s operational integrity and client confidence.

PAR is a trusted leader in nationwide recovery management solutions, providing lenders with transparent, compliant, and efficient services across the asset recovery lifecycle. As part of OPENLANE’s family of companies, PAR leverages advanced technology and deep industry expertise to streamline recovery and remarketing operations for financial institutions nationwide.

To learn more about PAR, visit parnorthamerica.com.

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About OPENLANE

OPENLANE, Inc. (NYSE: KAR) makes wholesale easy by connecting the leading automotive manufacturers, dealers, rental companies, fleet operators, captive finance and lending institutions as buyers and sellers to create the most advanced digital marketplace for used vehicles. Our innovative products and services deliver a fast, fair and transparent experience that helps customers make smarter decisions and achieve better outcomes. 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.

PAR Announces Hiring of Dave Baker as Vice President – PAR Announces Hiring of Dave Baker as Vice President – PAR Announces Hiring of Dave Baker as Vice President

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