RBA.TO - Ritchie Bros. Auctioneers Incorporated

Toronto - Toronto Delayed Price. Currency in CAD

Ritchie Bros. Auctioneers Incorporated

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

SectorIndustrials
IndustryBusiness Services
Full Time Employees2,165

Key Executives

NameTitlePayExercisedYear Born
Mr. Ravichandra K. SaligramCEO, Interim Pres of the United States & Latin America & Non Independent Director2.15MN/A1957
Ms. Sharon R. DriscollChief Financial Officer777.56kN/A1962
Ms. Marianne MarckChief Information Technology OfficerN/AN/A1960
Mr. James J. JeterPres of Sales U.SN/AN/A1959
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, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved auctions, online marketplaces, listing services, and private brokerage services. The company sells a range of used and unused equipment, including earthmoving equipment, truck trailers, government surplus, oil and gas equipment, and other industrial assets. It also provides auction technology services for online bidding at live on site auctions. The company primarily sells equipment to its customers through unreserved auctions at 45 auction sites worldwide. 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 September 1, 2018 is 4. The pillar scores are Audit: 2; Board: 1; Shareholder Rights: 7; Compensation: 5.

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.