RB Global Inc
RBA: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| CAD 97.00 | Djcvmx | Gcfpykl |
RB Global Earnings: Board Taps COO to Lead the Company Forward Following CEO’s Departure
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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.