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RB Global, Inc. RBA
$97.14 -$2.87-2.87% NYSE
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Company Overview

RB Global, Inc. is a global asset management and disposition company that provides end‑to‑end solutions for the buying, selling, and management of used and surplus assets. The company operates primarily in the industrial equipment, commercial transportation, automotive, energy, construction, and agriculture industries. Its core activities center on asset remarketing, auction services, data analytics, and inventory management, serving both sellers seeking liquidity and buyers seeking price discovery and access to large equipment and vehicle inventories.

Formerly known as Ritchie Bros. Auctioneers Incorporated, the company was founded in 1958 in Canada and built its reputation as the world’s largest industrial equipment auctioneer. Over time, RB Global expanded beyond traditional live auctions into digital marketplaces, private sales, and asset intelligence services. In 2023, following the acquisition of Insurance Auto Auctions (IAA), the company rebranded as RB Global, Inc. to reflect its broader, multi‑platform global asset lifecycle strategy.

Business Operations

RB Global generates revenue through transaction fees, service fees, and recurring subscription and data services. Its operations are organized around integrated marketplaces and asset management platforms, including Ritchie Bros. Auctioneers, IAA, IronPlanet, Marketplace‑E, RB Asset Solutions, and Rouse Services. These platforms support live auctions, online auctions, fixed‑price sales, salvage vehicle auctions, and data‑driven asset valuation and inventory management services.

The company operates across both domestic and international markets, with a strong digital infrastructure supporting cross‑border transactions. RB Global controls proprietary auction technology, pricing and valuation datasets, and logistics and inspection networks that facilitate large‑scale asset disposition. Strategic partnerships with insurers, fleet operators, financial institutions, and equipment owners are central to its revenue model, particularly within the automotive salvage and commercial fleet segments.

Strategic Position & Investments

RB Global’s strategy focuses on becoming a comprehensive global asset lifecycle partner by combining marketplaces, data, and services across industrial and automotive sectors. A central pillar of this strategy was the acquisition of Insurance Auto Auctions (IAA), which significantly expanded RB Global’s presence in the automotive salvage and insurance vehicle remarketing market and diversified its revenue streams.

The company continues to invest in digital marketplace capabilities, pricing intelligence, and data analytics through platforms such as Rouse Services, enhancing recurring and subscription‑based revenues. RB Global is also focused on operational integration across its marketplaces, cross‑selling services to existing customers, and expanding private‑treaty and managed solutions that complement its auction‑based offerings.

Geographic Footprint

RB Global is headquartered in Canada and maintains significant operational hubs in the United States, which represents its largest market. The company operates a global network of auction sites, inspection facilities, and offices across North America, Europe, Asia‑Pacific, the Middle East, and Latin America, supporting buyers and sellers in more than 170 countries.

Internationally, RB Global has established a strong presence in the United Kingdom, Continental Europe, Australia, and key emerging markets, leveraging both physical auction locations and digital platforms. Its global reach enables cross‑border asset flows and positions the company as a leading intermediary in international equipment and vehicle remarketing.

Leadership & Governance

RB Global is led by an executive team with long tenure in asset remarketing, industrial services, and marketplace operations. The leadership emphasizes operational discipline, technology‑enabled marketplaces, and long‑term value creation through integrated asset lifecycle solutions. The company is publicly traded on the New York Stock Exchange and is governed by a board of directors with experience across industrial, financial, and technology sectors.

Key executives include:

  • Jim KesslerChief Executive Officer
  • Eric L. FletcherChief Financial Officer
  • Ann FandrichPresident and Chief Operating Officer
  • Stuart BrownChief Transformation Officer

Executive roles and titles are based on the most recent publicly available regulatory filings and company disclosures; some variations in titles have been reported across different sources, and certain role definitions are inconclusive based on available public sources.

Data complied by narrative technology. May contain errors

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