Rb Global Inc 8-K, filed Feb 8, 2021
Rb Global Inc. (RBA)
About this 8-K
Rb Global Inc filed this 8-K on February 8, 2021.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
The Company issued a press release on February 8, 2021 announcing the departure of Karl Werner, President, International. The press release is attached hereto as Exhibit 99.1 and is incorporated by reference.
| Item 9.01 | Financial Statements and Exhibits |
(d) Exhibits
| Exhibit Number | Description |
| 99.1 | Press release dated February 8, 2021 |
| 104 | Cover Page Interactive Data File, formatted in Inline Extensible Business Reporting Language (iXBRL) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: February 8, 2021 | Ritchie Bros. Auctioneers Incorporated | |
| By: | /s/ Darren Watt | |
| Darren Watt | ||
| General Counsel & Corporate Secretary | ||
EXHIBIT INDEX
| Exhibit Number | Description |
| 99.1 | Press release dated February 8, 2021 |
| 104 | Cover Page Interactive Data File, formatted in Inline Extensible Business Reporting Language (iXBRL) |
Exhibit 99.1
 |
News Release |
Ritchie Bros. Announces Management Departure
VANCOUVER, BC, February 8, 2021 – Ritchie Bros. (NYSE and TSX: RBA), today announced that Karl Werner, President, International will transition out of the Company to pursue personal interests effective March 31, 2021. As a result of Mr. Werner’s departure, Kari Taylor, President, North America Sales, will take on the newly created position of Chief Revenue Officer to focus on driving sales growth globally.
“We want to thank Karl for his 25 years at Ritchie Bros. During his tenure Karl has been a champion for our customers and has driven value across the organization. We thank him and wish Karl all the best as he embarks on the next chapter.”, commented Ann Fandozzi, Chief Executive Officer.
Ms. Fandozzi added: “We are confident that under Kari’s leadership the global sales force will continue to thrive and keep our customers at the forefront.”
About Ritchie Bros.:
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks and other assets. Operating in a number of sectors, including construction, transportation, agriculture, energy, oil and gas, mining, and forestry, the company’s selling channels include: Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer offers live auction events with online bidding; IronPlanet, an online marketplace with featured weekly auctions and providing the exclusive IronClad Assurance® equipment condition certification; Marketplace-E, a controlled marketplace offering multiple price and timing options; Mascus, a leading European online equipment listing service; and Ritchie Bros. Private Treaty, offering privately negotiated sales. The Company’s suite of solutions also includes Ritchie Bros. Asset Solutions and Rouse Services LLC, which together provides a complete end-to-end asset management, data-driven intelligence and performance benchmarking system. Ritchie Bros. also offers sector-specific solutions including GovPlanet, TruckPlanet, and Kruse Energy, plus equipment financing and leasing through Ritchie Bros. Financial Services. For more information about Ritchie Bros., visit RitchieBros.com.
For more information, please contact:
Sameer Rathod
Vice President, Investor Relations / Market Intelligence
Phone: 1-510-381-7584
Email: srathod@ritchiebros.com
| Ritchie Bros. | 1 |