Jim Kessler is the CEO of RB Global, Inc., having stepped into the role on August 1, 2023. Before becoming CEO, he was the company’s Chief Operating Officer. He has extensive experience in operations, having previously held significant positions in...

Jim Kessler is the CEO of RB Global, Inc., having stepped into the role on August 1, 2023. Before becoming CEO, he was the company’s Chief Operating Officer. He has extensive experience in operations, having previously held significant positions in companies like Caliber Collision and Abra Auto Body & Glass. Kessler has a strong academic background, with an undergraduate degree and an MBA from Saint Joseph’s University. His pay for 2023 totals about $1.95 million, which includes a salary of $781,250 and a substantial bonus awarded based on the company's performance.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other RB Global CEOs

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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

1 year 10 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.

Rivals

Competitors/colleagues of Jim Kessler

Holdings

See how much did Jim Kessler make over time.

As of now, Jim Kessler’s holdings in RB Global display significant fluctuations. In early 2023, we saw him engaging in insider trading with trades peaking at $18.22K in January, to a dramatic jump to $4.26 million in March. The values...

As of now, Jim Kessler’s holdings in RB Global display significant fluctuations. In early 2023, we saw him engaging in insider trading with trades peaking at $18.22K in January, to a dramatic jump to $4.26 million in March. The values have remained consistently high, with monthly trades often exceeding $3 million from March to August 2023. His wealth appears closely tied to the performance of the company, making his investment choices particularly noteworthy. This steady increase signals strong confidence in the company's future, especially as he transitioned to the CEO role.

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 $2.67M.
This is -48.32% and $2.50M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Jim Kessler.

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

Compensation History

See how much did Jim Kessler make over time.

For 2023, Jim Kessler earned a total compensation of approximately $1.95 million. His base salary is $781,250, but the big part comes from a bonus of $1.82 million, which was computed based on the company hitting specific performance targets. Kessler has no vested stock for this year since long-term incentives are set to vest in coming years. The company has a focused approach on aligning executive pay to performance, ensuring that Kessler’s financial rewards are tied to the success of RB Global and its operational metrics.

Year

2023

Total Compensation

$2.77M

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

$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

$0.00(0 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.

Other RB Global CEOs

Here are other CEOs of RB Global

Ann Fandozzi

Ex-CEO of RB Global

May 2020 - July 2023