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News Stories (32 Results) -
Ann Fandozzi
RB Global, Inc. announced the appointment of Jim Kessler, most recently President and Chief Operating Officer, as Chief Executive Officer. Kessler will join RB Global's Board of Directors. Megan Cash, most recently Senior Vice President, Global...
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August 03, 2023, 07:18 AM
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Ritchie Bros. Auctioneers Incorporated announced that with the successful closing of the IAA, Inc. acquisition, the company is changing its corporate name to RB Global. The company's common shares will continue to be listed for trading on the New...
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May 10, 2023, 07:18 AM
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Ritchie Bros. Auctioneers Incorporated announced it has completed its acquisition of IAA, Inc. As previously announced on Jan. 23, under the terms of the amended merger agreement, IAA shareholders will receive $12.80 per share in cash and 0.5252...
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March 21, 2023, 07:10 AM
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Ritchie Bros. Auctioneers Incorporated announced that, based on the preliminary vote count provided by its proxy solicitors following the company's Special Meeting of Shareholders (the Special Meeting), Ritchie Bros. shareholders voted to approve the...
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March 15, 2023, 07:17 AM
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Ritchie Bros. sold over 13,300 equipment items, trucks and vehicles at its Premier Global Auction in Orlando, FL, generating more than $244 million in gross transaction value.The February 20-24 auction attracted over 22,600 people from over 80...
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February 28, 2023, 07:18 AM
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Ritchie Bros. Auctioneers Incorporated announced it has entered into a securities purchase agreement with Starboard Value LP and certain of its affiliates pursuant to which Starboard will make a concurrent $485 million convertible preferred equity...
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January 24, 2023, 07:20 AM
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Selling equipment on your own is a lot easier with Ritchie List, which provides customers the control they want and the tools they need to sell privately for top dollar. Launched in 2021, Ritchie Bros.' first North American listings site—based on its...
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January 17, 2023, 07:10 AM
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Ritchie Bros. announced it has acquired a controlling stake in VeriTread, a transportation technology and services company. This acquisition will accelerate Ritchie Bros.' marketplace strategy, which brings services, insights and transaction...
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January 10, 2023, 07:21 AM
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The CEO of Ritchie Bros., Ann Fandozzi, was recognized by Canada's largest newspaper, The Globe & Mail, as its CEO Innovator of the Year. In its article discussing Fandozzi's recognition, the Globe & Mail outlines how she has "pushed to transform the...
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December 02, 2022, 07:15 AM
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Ritchie Bros. Auctioneers Incorporated and IAA, Inc. announced they have entered into a definitive agreement under which Ritchie Bros. will acquire IAA in a stock and cash transaction valued at approximately $7.3 billion including the assumption of...
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November 07, 2022, 07:26 AM
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Ritchie Bros. Auctioneers announced that Eric Jacobs will be joining the company as its Chief Financial Officer, effective June 6. Sharon Driscoll, the current Chief Financial Officer, will remain with the company in an advisory capacity to assist...
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June 03, 2022, 07:17 AM
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Ritchie Bros. Auctioneers announced its wholly owned indirect subsidiary, Ritchie Bros. UK Holdings Ltd. (RB Purchaser) is discontinuing the Phase 2 review by the UK Competition and Markets Authority (the CMA). The Sale and Purchase Agreement dated...
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May 02, 2022, 07:18 AM
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Amid a tight supply environment, Ritchie Bros. welcomed thousands of motivated buyers online and onsite to its premier global equipment event in Orlando, FL. Buyers from around the world needing to fill immediate gaps in their fleets converged for...
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March 01, 2022, 07:20 AM
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Ritchie Bros. announced it has completed its acquisition of SmartEquip, an innovative technology platform that supports customers’ management of the equipment lifecycle and integrates parts procurement with both OEMs and dealers.“This acquisition...
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November 03, 2021, 07:10 AM
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Selling equipment on your own got easier with RitchieList.com, the latest solution from industry-leader Ritchie Bros. This easy-to-use equipment listing service gives customers the control they want and the tools they need to sell privately for top...
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October 20, 2021, 07:10 AM
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Ritchie Bros. Auctioneers Incorporated announced that Sharon Driscoll, Chief Financial Officer of Ritchie Bros., has advised the Company that she intends to retire within two years. As part of an effective succession process, Driscoll will continue...
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October 07, 2021, 07:15 AM
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Ritchie Bros. Auctioneers and SmartEquip announced they have entered into a definitive agreement under which Ritchie Bros. will acquire SmartEquip for approximately $175 million. Completion of the acquisition is subject to customary closing...
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September 27, 2021, 07:16 AM
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Ritchie Bros. announced its Chief Operating Officer, Jim Kessler, will take on the additional role of President, effective immediately.“The President role will align our global revenue, services, operations and critical support functions under Jim’s...
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September 09, 2021, 07:20 AM
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Ritchie Bros and Europe’s leading plant and machinery auction house, Euro Auctions, have jointly announced that they have entered into an agreement under which Ritchie Bros. will acquire Euro Auctions group for an enterprise value of approximately $1...
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August 09, 2021, 07:22 AM
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Ritchie Bros.' GovPlanet marketplace has been helping the U.S. Department of Defense's (DoD) Defense Logistics Agency (DLA) sell thousands of its surplus rolling stock assets for the past seven years. Three years ago, Ritchie Bros. extended its...
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March 12, 2021, 07:03 AM
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Ritchie Bros.' February Florida auction is a destination event for equipment buyers and sellers, attracting thousands of people from around the world to the Sunshine State. This year, with COVID-safety its focus and a wealth of technology in its...
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February 23, 2021, 07:10 AM
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Ritchie Bros. announced that Karl Werner, President, International will transition out of the company to pursue personal interests, effective March 31. As a result of Werner's departure, Kari Taylor, President, North America Sales, will take on the...
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February 09, 2021, 07:18 AM
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Ritchie Bros. announced it has completed its acquisition of Rouse Services, a provider of data intelligence and performance benchmarking solutions. By working together, Ritchie Bros. and Rouse will enhance the data analytics and service offerings...
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December 09, 2020, 07:15 AM
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Ritchie Bros. Auctioneers and Rouse Services announced they have entered into a definitive agreement under which Ritchie Bros. will acquire Rouse Services for approximately $275 million.“Rouse offers a highly complementary suite of data and service...
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October 30, 2020, 07:25 AM
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In the first half of 2020, Ritchie Bros. attracted 73 million visits to its various web platforms, so it should come as no surprise that the company has sold more than $1 billion of equipment through its online marketplaces over the past year (August...
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August 13, 2020, 07:05 AM
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Ritchie Bros. Auctioneers announced the appointment of Kevin Geisner as Chief Strategy Officer. In this new role, Geisner will have responsibility for driving the company's overall corporate strategy as well as execution of corporate development...
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August 11, 2020, 07:22 AM
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With the massive economic impact of COVID-19, the need for full food banks is more important than ever and asset management and disposition company Ritchie Bros. has stepped up to help. Over the past several weeks, Ritchie Bros. has made $187,500 in...
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July 21, 2020, 07:00 AM
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The online strength and global network of Ritchie Bros. was on full display last week as the company set a new record, selling more than 35,000 equipment items and trucks in 29 online auctions across five countries in just five days—making it the...
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June 29, 2020, 07:10 AM
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Ritchie Bros. Auctioneers announced the appointment of Jim Kessler as Chief Operating Officer. In his new role, Kessler will oversee the day-to-day operations of the company as well as work in close collaboration with the leadership team and leverage...
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May 05, 2020, 07:15 AM
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Ritchie Bros. Auctioneers announced the appointment of Baron Concors as Chief Information Officer (CIO). Concors will lead a strategic, enterprise organization to deliver added value for customers, team members and shareholders through innovative use...
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April 29, 2020, 07:15 AM
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Ritchie Bros. held its premiere global auction in Orlando, FL, selling more than 13,500 equipment items and trucks for $237+ million. The six-day sale set a new company record for attendees, registering a staggering 18,100 people from 85...
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February 24, 2020, 07:19 AM
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Ritchie Bros. Auctioneers announced Ann Fandozzi will become Chief Executive Officer and join the company's Board of Directors, effective Jan. 6.Most recently, Fandozzi was CEO of ABRA Auto Body & Glass, a leading national damaged vehicle repair...
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December 17, 2019, 07:25 AM
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