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Ritchie Bros.'s Overview

Total employees2559
HeadquartersBurnaby
Founded

Ritchie Bros. Auctioneers (NYSE and TSX: RBA) is a global asset management and disposition company, offering customers end-to-end solutions for buying and selling used heavy equipment, trucks, and other industrial assets. Founded in 1958, the company operates through multiple channels, including live unreserved public auctions, online timed auctions, and a digital marketplace (Marketplace-E). With the acquisition of IAA, Inc. in 2023, Ritchie Bros. expanded its capabilities into the salvage and lightly damaged vehicle auction sector. They serve a broad range of industries, including construction, transportation, agriculture, energy, mining, and forestry, connecting buyers and sellers worldwide.

Where is Ritchie Bros.'s Headquarters?

HQ Function

The Burnaby headquarters serves as the central hub for global strategy, corporate governance, finance, technology development, and administrative functions for Ritchie Bros. worldwide operations.

Notable Features:

The headquarters is a modern office complex designed to support a collaborative work environment. It's strategically located in a business park with good transportation links.

Work Culture:

The work culture at Ritchie Bros. HQ is generally described as dynamic, customer-focused, and innovative, reflecting its position as a leader in a fast-paced global industry. There's an emphasis on teamwork and adapting to market changes.

HQ Significance:

The headquarters' location in Greater Vancouver provides access to a diverse talent pool and international business connections, crucial for a company with global reach. It oversees operations across numerous countries and auction sites.

Values Reflected in HQ: The headquarters likely reflects values such as integrity, transparency (key to the auction business), global reach, and a commitment to leveraging technology for customer solutions.

Location:

Ritchie Bros. operates globally with a network of over 40 permanent auction sites and offices in North America, Europe, the Middle East, Asia, and Australia. Their global functions include live and online auction operations, equipment inspections and valuations, financing and leasing solutions (Ritchie Bros. Financial Services), logistics and shipping coordination, marketing, sales, customer support, and technology platforms that enable worldwide bidding and transactions.

Street Address:

9500 Glenlyon Parkway

City:

Burnaby

State/Province:

British Columbia

Country:

Canada

Ritchie Bros.'s Global Presence

Lincoln, Nebraska, USA

Address: 4000 S. 6th Street, Lincoln, NE 68502, USA

Serves as a key auction and logistics center for the American Midwest, facilitating large-scale equipment remarketing and providing comprehensive services to buyers and sellers in the region.

Moerdijk, Netherlands

Address: Middenweg 13, 4782 PM Moerdijk, Netherlands

Acts as a gateway for equipment trade across Europe, the Middle East, and Africa, leveraging its location for efficient logistics and access to diverse international markets.

Fort Worth, Texas, USA

Address: 15000 Hwy 114, Roanoke, TX 76262, USA

Facilitates the buying and selling of a large volume of heavy equipment and trucks for the economically vibrant South-Central U.S. region.

Westchester, Illinois, USA

Address: Two Westbrook Corporate Center, Westchester, IL 60154, USA

Supports the strategic and operational needs of the salvage vehicle marketplace, a key growth area for Ritchie Bros.

Buying Intent Signals for Ritchie Bros.

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Ritchie Bros.

As of April 2025, Ritchie Bros.' leadership includes:

Ann Fandozzi - Chief Executive Officer
Jim Kessler - President and Chief Operating Officer
Eric Jacobs - Chief Financial Officer
Baron Concors - Chief Information Officer
Carmen Thiede - Chief People Officer
Jeff Jeter - Chief Revenue Officer, Ritchie Bros. & President, RB Global

Investors of Ritchie Bros.

Ritchie Bros. has been backed by several prominent investors over the years, including:

Capital World Investors
The Vanguard Group, Inc.
BlackRock, Inc.
Fidelity Management & Research Company LLC (FMRCo)
Royal Bank of Canada (Asset Management Arm)
Starboard Value LP
Janus Henderson Investors

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits1

Following the major acquisition of IAA, Inc. in March 2023, Ritchie Bros. focused on integrating leadership and optimizing its executive structure. Key changes included the appointment of a new CFO and solidification of roles within the combined entity.

Departures

Sharon Driscoll, Sharon Driscoll departed as Chief Financial Officer, with Eric Jacobs taking over the role.

New Appointments:

Eric Jacobs, Eric Jacobs was appointed as the new Chief Financial Officer, bringing extensive financial leadership experience.

Technology (Tech Stack) used by Ritchie Bros.

Discover the tools Ritchie Bros. uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Ritchie Bros. Email Formats and Examples

Ritchie Bros. Auctioneers commonly uses the email format consisting of the employee's first initial followed by their last name, at the rbauction.com domain. For example, if an employee's name is Jane Doe, her email address would likely be jdoe@rbauction.com. Variations might exist for common names or specific departments.

[first_initial][last_name]@rbauction.com

Format

jdoe@rbauction.com

Example

80%

Success rate

News and media

Cision PR NewswireMay 10, 2024

Ritchie Bros. Sells Over CA$83 Million of Equipment and Trucks in Edmonton, AB Spring Auction

Ritchie Bros. hosted a major auction in Edmonton, Alberta, generating over CA$83 million (US$61+ million) in gross transaction value. The May 7-9 event featured over 6,100 items sold to bidders from 40+ countries, highlighting strong demand for construction and transportation equipment....more

Business WireMay 7, 2024

Ritchie Bros. Announces First Quarter 2024 Results

Ritchie Bros. reported its financial results for the first quarter ended March 31, 2024. The company highlighted total revenue of $579.9 million and Net income of $30.7 million. Gross Transaction Value (GTV) was $3.6 billion, with continued progress on the integration of IAA....more

Ritchie Bros. Investor RelationsMarch 20, 2023

Ritchie Bros. Completes Acquisition of IAA, Inc.

Ritchie Bros. announced the successful completion of its acquisition of IAA, Inc., a leading global digital marketplace connecting vehicle buyers and sellers. This strategic move significantly expands Ritchie Bros.'s capabilities in the salvage and lightly damaged vehicle auction sector....more

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