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Ritchie Bros. Auctioneers Incorporated (RBA.TO)


Toronto - Toronto Delayed Price. Currency in CAD
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35.70+0.46 (+1.31%)
At close: 4:00PM EDT

Ritchie Bros. Auctioneers Incorporated

9500 Glenlyon Parkway
Burnaby, BC V5J 0C6
Canada
778-331-5500
http://www.rbauction.com

SectorServices
IndustryBusiness Services
Full Time Employees1,765

Key Executives

NameTitlePayExercisedAge
Mr. Ravichandra K. SaligramCEO, Non Independent Director and Interim Pres of the United States & Latin America2.15MN/A60
Ms. Sharon R. DriscollChief Financial Officer777.56kN/A55
Mr. Todd Wohler MBAChief HR Officer656.72kN/A58
Mr. James Barr IVGroup Pres of Multichannel Products & Technologies887.34kN/A54
Mr. David E. RitchieFounder and Chairman EmeritusN/AN/AN/A
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Ritchie Bros. Auctioneers Incorporated, together with its subsidiaries, sells industrial equipment and other assets for the construction, agriculture, transportation, energy, mining, forestry, material handling, marine, and real estate industries through its unreserved auctions and online marketplaces. The company operates a network of auction locations that conduct live and unreserved auctions with on-site and online bidding. It also operates an online-only used equipment marketplace that facilitates the completion of sales through a settlement process. In addition, the company provides technology services, including software and technology solutions to auction companies to conduct live and online bidding; and value added services. Ritchie Bros. Auctioneers Incorporated primarily sells equipment to its customers through unreserved auctions at 45 auction sites in North America, Central America, Europe, the Middle East, Australia, New Zealand, and Asia. Ritchie Bros. Auctioneers Incorporated was founded in 1958 and is headquartered in Burnaby, Canada.

Corporate Governance

Ritchie Bros. Auctioneers Incorporated’s ISS Governance QualityScore as of July 1, 2017 is 4. The pillar scores are Audit: 2; Board: 1; Shareholder Rights: 7; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.