RB Global Inc
RBA: XTSE (CAN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CAD 86.00 | Fngslk | Sdknrttsl |
RB Global Earnings: Board Taps COO to Lead the Company Forward Following CEO’s Departure
In its early earnings announcement on Aug. 2, RB Global shared its CEO, Ann Fandozzi, would be departing. The company’s stock traded down approximately 4% on Aug. 2. The two sides could not come to an agreement with respect to compensation. According to the company’s press release, the former CEO was looking for more front-load compensation that would have brought forward five years of equity compensation. The board contends the compensation structure would have been beyond peer group compensation benchmarks.