Beverley Briscoe - Ritchie Bros Independent Chairman of the Board
| RBA Stock | CAD 142.16 0.66 0.47% |
Chairman
Ms. Beverley Anne Briscoe is an Independent Chairman of the Board of the Company. Ms. Briscoe has strong financial and leadership skills, having been in the industrial and transportation sector for over 15 years and in a number of financial roles prior thereto. Ms. Briscoes service on various boards enables her to bring to the Board experience and knowledge of governance and financial matters from a number of perspectives. Ms. Briscoe was appointed Board Chair effective June 30, 2014 and was a director of the Company since 2004. Ms. Briscoes previous employment includes from 2004 to present she worked as a management consultant and corporate director from 1997 to 2004 she was President and owner of Hiway Refrigeration Limited, a British Columbiabased company specializing in selling and servicing transportation refrigeration equipment used in the trucking and shipping industries from 1994 to 1997 she was Vice President and General Manager of Wajax Industries Limited, a heavy equipment dealer from 1989 to 1994 she was Chief Financial Officer for the Rivtow Group of Companies, a marine transportation and industrial equipment conglomerate from 1983 to 1989 she held CFO positions with several operating divisions of The Jim Pattison Group, a diversified holding company and from 1977 to 1983 she worked as an auditor with a predecessor firm of PricewaterhouseCoopers. She is the past Chair of the Industry Training Authority for British Columbia, past Chair of the BC Forest Safety Council and past Chair of the Audit Committee for the Office of the Superintendent of Financial Institutions. She currently is Lead Director and Audit Committee Chair of Goldcorp Inc since 2014.
| Age | 63 |
| Tenure | 11 years |
| Address | Two Westbrook Corporate Center, Westchester, IL, United States, 60154 |
| Phone | 708 492 7000 |
| Web | https://rbglobal.com |
Ritchie Bros Management Efficiency
The company has return on total asset (ROA) of 0.0412 % which means that it generated a profit of $0.0412 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0735 %, meaning that it generated $0.0735 on every $100 dollars invested by stockholders. Ritchie Bros' management efficiency ratios could be used to measure how well Ritchie Bros manages its routine affairs as well as how well it operates its assets and liabilities. As of the 24th of March 2025, Return On Tangible Assets is likely to drop to 0.08. In addition to that, Return On Capital Employed is likely to drop to 0.07. At this time, Ritchie Bros' Debt To Assets are very stable compared to the past year. As of the 24th of March 2025, Asset Turnover is likely to grow to 0.51, while Non Currrent Assets Other are likely to drop about 27.9 M.Similar Executives
| Found 5 records | CHAIRMAN Age | ||
| Jay Hennick | FirstService Corp | 62 | |
| Robert Ogilvie | Toromont Industries | 73 | |
| Harold Kvisle | Finning International | 66 | |
| HBA B | CCL Industries | 70 | |
| Douglas Ammerman | Stantec | 67 | |
Management Performance
| Return On Equity | 0.0735 | ||||
| Return On Asset | 0.0412 |
Ritchie Bros Auctioneers Leadership Team
Elected by the shareholders, the Ritchie Bros' board of directors comprises two types of representatives: Ritchie Bros inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Ritchie. The board's role is to monitor Ritchie Bros' management team and ensure that shareholders' interests are well served. Ritchie Bros' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Ritchie Bros' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kari Taylor, Chief Sales Officer - U.S. Regions | ||
| Matthew Ackley, Chief Marketing Officer | ||
| Amy GuggenheimShenkan, Independent Director | ||
| James Kessler, Chief Operating Officer | ||
| Karl Werner, Chief Operational Support and Devel. Officer and Interim Managing Director of Middle East | ||
| Sameer Rathod, Vice Intelligence | ||
| Erik Olsson, Independent Director | ||
| Kieran Holm, Senior Vice President - Operational Excellence & Efficiencies | ||
| Darren Watt, Senior Vice President, General Counsel, Corporate Secretary | ||
| Eric Esq, Chief Officer | ||
| Robert Elton, Independent Director | ||
| Megan Cash, Principal Officer | ||
| Robert Giroux, Senior West | ||
| Ian Malinski, Media Manager | ||
| James Jeter, Chief Officer | ||
| Ann Fandozzi, Chief Executive Officer, Director | ||
| Jacob Lawson, Senior South | ||
| Christopher Zimmerman, Independent Director | ||
| Jeff Jeter, President - Upstream and Emerging Businesses, North America | ||
| Jim Case, Chief Services | ||
| J Fennell, Independent Director | ||
| Curtis Hinkelman, Senior USA | ||
| Carmen Thiede, Chief Officer | ||
| Sharon Driscoll, Interim Co-Chief Executive Officers, Chief Financial Officer | ||
| Kevin Geisner, Chief Strategy Officer | ||
| Ryan Welsh, Corporate Secretary | ||
| Beverley Briscoe, Independent Chairman of the Board | ||
| David Ritchie, Founder Emeritus | ||
| Eric Guerin, Chief Officer | ||
| Doug Olive, Senior Vice President Pricing & Appraisals | ||
| Drew Fesler, Chief Officer | ||
| Sarah Raiss, Independent Director | ||
| Baron Concors, Chief Information Officer | ||
| Steve Lewis, Chief Officer | ||
| Nancy King, Chief Officer |
Ritchie Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Ritchie Bros a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.0735 | ||||
| Return On Asset | 0.0412 | ||||
| Profit Margin | 0.1 % | ||||
| Operating Margin | 0.19 % | ||||
| Current Valuation | 32.33 B | ||||
| Shares Outstanding | 184.75 M | ||||
| Shares Owned By Insiders | 0.29 % | ||||
| Shares Owned By Institutions | 95.79 % | ||||
| Number Of Shares Shorted | 701.56 K | ||||
| Price To Earning | 70.73 X |
Pair Trading with Ritchie Bros
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ritchie Bros position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ritchie Bros will appreciate offsetting losses from the drop in the long position's value.Moving together with Ritchie Stock
The ability to find closely correlated positions to Ritchie Bros could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ritchie Bros when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ritchie Bros - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ritchie Bros Auctioneers to buy it.
The correlation of Ritchie Bros is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ritchie Bros moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ritchie Bros Auctioneers moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ritchie Bros can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Ritchie Stock
Ritchie Bros financial ratios help investors to determine whether Ritchie Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ritchie with respect to the benefits of owning Ritchie Bros security.