Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Jim Kessler earned $2.77M in total compensation at RB Global, including $781.25K salary and $1.82M bonus. Most recently sold 17,883 shares in Sep 2024. Currently holds stock worth $22.46M. 2+ years at the helm of RB Global.

Compensation History

Annual executive compensation data for Jim Kessler, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$2.77M

Salary

$781.25K

Bonus

$1.82M

Other

$174.20K

Salary

$781.25K

Board Justification

The compensation philosophy is to align executive pay with performance, focusing on both short-term and long-term incentives that drive company performance and shareholder value.

Bonus

$1.82M

Board Justification

The payout of the 2023 STI awards was calculated based on the Company’s achievement of Agency Proceeds, OFCF and Budgeted Non-GAAP Operating Income performance measures, with a performance payout of 167% of Target.

Other Compensation

$174.20K

Board Justification

Other compensation includes a car allowance, matching contributions to the ESPP and 401(k) plan, and dividend equivalents corresponding to PSUs and RSUs.

Restricted Stock

$0.000 PSUs, RSUs, and stock options

Board Justification

No stock was vested in 2023 as the LTI awards are structured to vest over a multi-year period, with the first vesting occurring in 2024.

Performance Metrics

The performance metrics for the 2023 STI included Agency Proceeds, Operating Free Cash Flow, and Budgeted Non-GAAP Operating Income.

R

Jim Kessler

CEO of RB Global

Education

Undergraduate degree and MBA from Saint Joseph's University.

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

January 1, 1972 - 53 years ago

CEO of RB Global for

2 years 4 months (Aug 2023 - Present)

Previous Experience

President of Emerging Business for Caliber Collision, Chief Operating Officer of ABRA Auto Body and Glass, various senior leadership roles at Caliber Collision, vRide, and Pep Boys.

Holdings

Track Jim Kessler's stock holdings and portfolio value over time.

Total Stock Sold

$5.16M

RBA

$5.16M

61,649 RBA shares

What if they kept their stock?

If Jim Kessler didn't sell their stock, today they would have:
Extra RBA61,649 shares worth $6.48M.
This is 25.5% and $1.32M more than what they got when they sold the stock.

Insider Trading

Jim Kessler's recent stock transactions, purchases, and sales filed with the SEC.

RBA

$1.51M

RBA at $84.19/share

Sep 23, 2024

Sale

RBA

$1.52M

RBA at $84.83/share

Sep 16, 2024

Sale

RBA

$1.49M

RBA at $83.09/share

Sep 9, 2024

Sale

RBA

$647.28K

RBA at $80.91/share

Jun 18, 2024

Sale

RBA

$75.08K

RBA at $60.06/share

Nov 14, 2023

Purchase

RBA

$112.60K

RBA at $56.30/share

Aug 17, 2023

Purchase

RBA

$18.45K

RBA at $56.78/share

Aug 15, 2023

Purchase

Rivals

Compare Jim Kessler with competitor CEOs and industry peers.