RB Global Management

Management criteria checks 0/4

RB Global's CEO is Jim Kessler, appointed in Aug 2023, has a tenure of less than a year. total yearly compensation is $15.93M, comprised of 4.9% salary and 95.1% bonuses, including company stock and options. directly owns 0.042% of the company’s shares, worth CA$7.51M. The average tenure of the management team and the board of directors is 0.7 years and 1.6 years respectively.

Key information

Jim Kessler

Chief executive officer

US$15.9m

Total compensation

CEO salary percentage	4.9%
CEO tenure	less than a year
CEO ownership	0.04%
Management average tenure	less than a year
Board average tenure	1.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Jim Kessler's remuneration changed compared to RB Global's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$16m	US$781k	US$175m
Sep 30 2023	n/a	n/a	US$144m
Jun 30 2023	n/a	n/a	US$132m
Mar 31 2023	n/a	n/a	US$107m
Dec 31 2022	US$4m	US$575k	US$320m
Sep 30 2022	n/a	n/a	US$305m
Jun 30 2022	n/a	n/a	US$294m
Mar 31 2022	n/a	n/a	US$302m
Dec 31 2021	US$3m	US$517k	US$152m
Sep 30 2021	n/a	n/a	US$170m
Jun 30 2021	n/a	n/a	US$183m
Mar 31 2021	n/a	n/a	US$175m
Dec 31 2020	US$4m	US$322k	US$170m

Compensation vs Market: Jim's total compensation ($USD15.93M) is above average for companies of similar size in the Canadian market ($USD8.28M).

Compensation vs Earnings: Jim's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

Jim Kessler (50 yo)

less than a year

Tenure

US$15,928,325

Compensation

Mr. James F. Kessler, also known as Jim, serves as the Chief Executive Officer and Director at RB Global, Inc. since August 01, 2023. He was President at RB Global, Inc. (formerly known as Ritchie Bros. Au...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
James Kessler	CEO & Director	less than a year	US$15.93m	0.042% $ 7.5m
Baron Concors	Chief Product & Technology Officer	1.5yrs	US$3.65m	0.015% $ 2.7m
Darren Watt	Chief Legal Officer	11.3yrs	US$1.65m	0.0097% $ 1.8m
James Jeter	Chief Revenue Officer	less than a year	US$3.01m	0.015% $ 2.7m
Megan Cash	SVP of Corporate Finance	less than a year	US$1.04m	0% $ 0
David Ritchie	Founder and Chairman Emeritus	no data	US$142.50k	no data
Eric Guerin	Chief Financial Officer	less than a year	no data	no data
Sameer Rathod	Vice President of Investor Relations & Market Intelligence	no data	no data	no data
Ian Malinski	Media Relations Manager	no data	no data	no data
Drew Fesler	Chief People Officer	less than a year	no data	0.000090% $ 16.2k
Curtis Hinkelman	Senior Vice President of Sales - Eastern USA	no data	no data	no data
Karl Werner	Chief Business Development Officer	no data	US$1.20m	no data

0.7yrs

Average Tenure

51yo

Average Age

Experienced Management: RBA's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
James Kessler	CEO & Director	less than a year	US$15.93m	0.042% $ 7.5m
David Ritchie	Founder and Chairman Emeritus	17.5yrs	US$142.50k	no data
Sarah Raiss	Independent Non-Executive Director	7.8yrs	US$277.05k	0.00077% $ 138.6k
Jeffrey Smith	Independent Director	1.2yrs	US$154.08k	0.14% $ 24.7m
Carol Stephenson	Independent Non-Executive Director	2.1yrs	US$129.31k	0.0024% $ 424.8k
Robert Elton	Independent Vice-Chairman of Board	12.1yrs	US$315.85k	0.00080% $ 144.0k
Erik Olsson	Independent Chairman of the Board	10.9yrs	US$380.76k	0.0022% $ 394.2k
Adam DeWitt	Independent Non-Executive Director	4yrs	US$258.51k	0.0022% $ 394.2k
Brian Bales	Independent Director	1.2yrs	US$150.18k	0.0034% $ 615.6k
Michael Sieger	Independent Director	1.2yrs	US$152.15k	0.0017% $ 298.8k
Timothy O'Day	Independent Director	1.2yrs	US$150.18k	no data
William Breslin	Independent Director	1.2yrs	US$150.18k	0.0037% $ 669.5k

1.6yrs

Average Tenure

62yo

Average Age

Experienced Board: RBA's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.

RB Global Management

Management criteria checks 0/4

Key information

Recent management updates

Chief Product & Technology Officer recently sold CA$1.8m worth of stock

RB Global, Inc. Announces Executive Changes

RB Global, Inc., Annual General Meeting, May 07, 2024

RB Global, Inc. Appoints Eric J. Guerin as Chief Financial Officer, Effective January 15, 2024

Insider recently sold CA$7.6m worth of stock

Chief Product & Technology Officer recently sold CA$599k worth of stock

Recent updates

Chief Product & Technology Officer recently sold CA$1.8m worth of stock

Full year 2023 earnings: EPS misses analyst expectations

RB Global, Inc. Announces Executive Changes

Upcoming dividend of US$0.27 per share at 1.7% yield

RB Global, Inc. to Report Q4, 2023 Results on Feb 23, 2024

RB Global, Inc. Declares Quarterly Cash Dividend, Payable on March 1, 2024

RB Global, Inc., Annual General Meeting, May 07, 2024

RB Global, Inc. Appoints Eric J. Guerin as Chief Financial Officer, Effective January 15, 2024

Insider recently sold CA$7.6m worth of stock

Upcoming dividend of US$0.27 per share at 1.8% yield

RB Global, Inc. Declares Quarterly Dividend, Payable on December 21, 2023

RB Global, Inc. to Report Q3, 2023 Results on Nov 09, 2023

Chief Product & Technology Officer recently sold CA$599k worth of stock

RB Global, Inc. Announces Resignation of Ann Fandozzi as Chief Executive Officer

Upcoming dividend of US$0.27 per share at 1.9% yield

Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

RB Global, Inc. Announces Management Changes

RB Global, Inc. Announces Retirement of Lisa Hook from Board of Directors

RB Global, Inc. to Report Q2, 2023 Results on Aug 03, 2023

RB Global, Inc. to Report Q2, 2023 Results on Aug 03, 2023

RB Global, Inc.(TSX:RBA) dropped from S&P Global BMI Index

Upcoming dividend of US$0.27 per share at 1.9% yield

Independent Chairman of the Board recently bought CA$143k worth of stock

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Ritchie Bros. Auctioneers Incorporated Declares Quarterly Cash Dividend, Payable on June 20, 2023

High number of new directors

Upcoming dividend of US$1.08 per share at 2.0% yield

Full year 2022 earnings: EPS in line with analyst expectations despite revenue beat

Luxor Capital Releases Investor Presentation to Shareholders of Ritchie Bros Auctioneers

Deep Field Asset Management Discloses its Views on Ritchie Bros. Auctioneers

Eminence Capital Sends a Letter to Ritchie Bros Auctioneers

Deep Field Asset Management Sends a Letter to Shareholders of Ritchie Bros Auctioneers

Ritchie Bros. Auctioneers Incorporated announced that it has received $499.999957 million in funding from Starboard Value LP

Upcoming dividend of US$0.27 per share at 1.7% yield

Janus Henderson Joins Luxor Capital in Opposing Ritchie Bros Bid for IAA

Ritchie Bros. Auctioneers Incorporated to Report Q4, 2022 Results on Feb 21, 2023

Ritchie Bros. Auctioneers Incorporated announced that it expects to receive $499.999957 million in funding from Starboard Value LP, other investors

Luxor Capital Group LP Opposes IAA merger

Ritchie Bros. Declares Quarterly Dividend, Payable on March 3, 2023

Ritchie Bros. Auctioneers Incorporated (NYSE:RBA) acquired controlling stake in VeriTread LLC.

Luxor Group Intends to Vote against the Proposed IAA Merger at Ritchie Bros. Auctioneers’ Upcoming Special Meeting

High number of new directors

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Ritchie Bros. Auctioneers Incorporated Declares Quarterly Cash Dividend, Payable on December 14, 2022

Now 32% undervalued after recent price drop

Ritchie Bros. Auctioneers Incorporated to Report Q3, 2022 Results on Nov 07, 2022

Upcoming dividend of US$0.27 per share

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Ritchie Bros. Auctioneers Incorporated Declares Quarterly Cash Dividend, Payable on September 14, 2022

Now 22% undervalued

Ritchie Bros. Auctioneers Incorporated to Report Q2, 2022 Results on Aug 04, 2022

Now 21% undervalued

Ritchie Bros. Auctioneers Incorporated Appoints Eric Jacobs as Chief Financial Officer, Effective from June 6, 2022

High number of new directors

Now 21% undervalued

Upcoming dividend of US$0.25 per share

Insider recently sold CA$168k worth of stock

High number of new directors

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Ritchie Bros. Auctioneers Incorporated Declares A Quarterly Cash Dividend, Payable on June 17, 2022

Ritchie Bros. Auctioneers Incorporated to Report Q1, 2022 Results on May 09, 2022

Ritchie Bros. Auctioneers Incorporated to Report Q1, 2022 Results on May 10, 2022

CEO & Director recently bought CA$633k worth of stock

Full year 2021 earnings: EPS and revenues miss analyst expectations

Bev Briscoe Notifies Decision to Retire from Ritchie Bros. Auctioneers Incorporated's Board of Directors and Not Stand for Re-Election to the Board of Directors

Upcoming dividend of US$0.25 per share

Insider recently sold CA$158k worth of stock

Upcoming dividend of US$0.25 per share

Third quarter 2021 earnings released: EPS US$0.29 (vs US$0.42 in 3Q 2020)