Karl Werner - Ritchie Bros Managing Director

RBA Stock  CAD 100.00  0.50  0.50%   

Managing Director

Mr. Karl William Werner is the President International of Ritchie Bros. Auctioneers Inc. In 1999 he was appointed to Regional Manager for the Northwest US and in 2004 transferred to the Companys corporate head office as Senior Manager, Strategic Projects. In 2005 he was appointed to Divisional Manager, Auction Operations. In 2008 he was appointed to VP of Auction Operations until October 2013, when he became Chief Auction Operations Officer. In 2014, he took on the additional responsibilities of Managing Director for the Middle East, Africa and India. Mr. Werner was appointed to his current position of President, International in January 2017, where he oversees sales and business operations in Europe, the Middle East, Africa and India, Latin America, Australia and Asia. Mr. Werner came to the Company after 10 years of operating a heavyhaul transport company. He has a strong background in real estate development and operations management. Mr. Werner sits on advisory boards for various strategic partners. since 2020.
Age 59
Tenure 4 years
Address Two Westbrook Corporate Center, Westchester, IL, United States, 60154
Phone708 492 7000
Webhttps://rbglobal.com

Ritchie Bros Management Efficiency

The company has return on total asset (ROA) of 0.0414 % which means that it generated a profit of $0.0414 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0626 %, meaning that it generated $0.0626 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 8th of June 2024, Return On Tangible Assets is likely to grow to 0.08, while Return On Capital Employed is likely to drop 0.04. At this time, Ritchie Bros' Debt To Assets are very stable compared to the past year. As of the 8th of June 2024, Asset Turnover is likely to grow to 0.51, while Other Current Assets are likely to drop about 33.5 M.
Ritchie Bros Auctioneers has accumulated 21.03 M in total debt with debt to equity ratio (D/E) of 0.88, which is about average as compared to similar companies. Ritchie Bros Auctioneers has a current ratio of 1.23, suggesting that it may have difficulties to pay its financial obligations in time and when they become due. Debt can assist Ritchie Bros until it has trouble settling it off, either with new capital or with free cash flow. So, Ritchie Bros' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Ritchie Bros Auctioneers sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Ritchie to invest in growth at high rates of return. When we think about Ritchie Bros' use of debt, we should always consider it together with cash and equity.
Auctioneers Incorporated, an asset management and disposition company, sells industrial equipment and other durable assets through its unreserved live on site auctions, online marketplaces, listing services, and private brokerage services. Auctioneers Incorporated was founded in 1958 and is headquartered in Burnaby, Canada. RITCHIE BROS operates under Specialty Business Services classification in Canada and is traded on Toronto Stock Exchange. It employs 2500 people. Ritchie Bros Auctioneers (RBA) is traded on Toronto Exchange in Canada and employs 7,900 people. Ritchie Bros is listed under Commercial Services & Supplies category by Fama And French industry classification.

Management Performance

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
Ian Malinski, Media Manager
James Jeter, Chief Officer
Ann Fandozzi, Chief Executive Officer, Director
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

Ritchie Stock Performance Indicators

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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.