People: Ritchie Bros. Auctioneers Inc (RBA)

RBA on New York Consolidated

20.50USD
24 May 2013
Price Change (% chg)

$-0.11 (-0.53%)
Prev Close
$20.61
Open
$20.56
Day's High
$20.78
Day's Low
$20.33
Volume
404,943
Avg. Vol
548,318
52-wk High
$23.57
52-wk Low
$17.81

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Summary

Name Age Since Current Position

Robert Murdoch

 71 2008 Independent Chairman of the Board

Robert Mackay

 2008 President

Peter Blake

 51 2004 Chief Executive Officer, Non - Independent Director

Robert McLeod

 2008 Chief Financial Officer

Kenton Low

 2011 Chief Marketing Officer

Robert Armstrong

 2012 Chief Strategic Development Officer

Andrew Muller

 Chief People Officer

Steven Simpson

 2011 Chief Sales Officer

Darren Watt

 2012 Corporate Secretary

Beverley Briscoe

 58 2004 Independent Director

Robert Elton

 61 2012 Independent Director

Eric Patel

 54 2004 Independent Director

Edward Pitoniak

 57 2006 Independent Director

Christopher Zimmerman

 53 2008 Independent Director

Ben Chow

 Corporate Development Manager
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Biographies

Name Description

Robert Murdoch

 Mr. Robert Waugh Murdoch serves as an Independent Chairman of the Board of Ritchie Bros. Auctioneers Inc. Mr. Murdoch is currently Chairman of the Board of the Company, a position he has held since 2008. Mr. Murdoch is a corporate director and spent most of his career with Lafarge, S.A. and affiliates (NYSE: “LR”; Paris Stock Exchange (Eurolist): “LG”), starting in Vancouver in 1967 and retiring from the position of President and Chief Executive Officer of Lafarge North America Inc. (NYSE and TSX: “LAF”), North America’s diversified supplier of construction materials, in 1992. Mr. Murdoch was a member of the Board of Directors of Lafarge, S.A., the Paris-based parent company of Lafarge North America, until 2005. Mr. Murdoch holds a Bachelor of Laws degree from the University of Toronto.

Robert Mackay

 Mr. Robert K. Mackay serves as President of Ritchie Bros. Auctioneers Inc. He joined Ritchie Bros. in 1985. Over the next 10 years he held numerous head-office administrative positions and was closely involved with Ritchie Bros.’ expansion into overseas markets, initially in Europe and the Middle East, and then in Southeast Asia and Australia. Rob was promoted to Vice President of the Asia Pacific Division in 1995 and took on additional responsibility for South America in 2000. In 2001 he became a Senior Vice President, with additional responsibilities for western North America operations. In 2002 Rob was appointed Executive Vice President, assuming responsibility for all of the Company's operations in the United States, Asia, Australia and South America. Rob was promoted to the role of President in 2005. Rob earned a Bachelor of Commerce degree from the University of Saskatchewan.

Peter Blake

 Mr. Peter James Blake serves as Chief Executive Officer, Non - Independent Director of Ritchie Bros. Auctioneers Inc. He joined Ritchie Bros. as a controller in 1991, having worked previously with predecessor firms of KPMG and PriceWaterhouseCoopers. In 1994 he was appointed Vice President, Finance, and in 1997 was appointed Chief Financial Officer and elected to the Board of Directors. In 2002 he was promoted to Senior Vice President and in 2004 Peter became the Chief Executive Officer of Ritchie Bros. Auctioneers. Peter is a Chartered Accountant with a Diploma of Technology from BCIT (British Columbia Institute of Technology) and a Bachelor of Commerce degree from the University of Alberta.

Robert McLeod

 Mr. Robert A. McLeod serves as Chief Financial Officer of Ritchie Bros. Auctioneers Inc. He began his career with Ritchie Bros. in 1993 as U.S. Controller and held various other positions in the Vancouver head office, including corporate controller. In 1999, Rob relocated to Lincoln, Nebraska to establish the Ritchie Bros. U.S. head office and in 2002, Rob relocated again, to Ritchie Bros.’ office in the Netherlands, where he was Sr. Manager of Operations for Europe. Returning to the head office in Vancouver in 2005, Rob undertook various strategic projects before being appointed Chief Financial Officer in 2008. Rob has a Bachelor of Commerce degree from the University of British Columbia and received his Chartered Accountancy designation while working for KPMG.

Kenton Low

 Mr. Kenton Low serves as Chief Marketing Officer of Ritchie Bros. Auctioneers Inc. He joined Ritchie Bros. in 2010 with marketing leadership experience in both entrepreneurial and Fortune 500 companies. He most recently served as President of New Media BC, President & CEO of Robeez Footwear and as a senior advisor to the CEO of BC Lotteries Corporation. Prior to that, Kenton was President of Universal Studios Online, Corporate Chief Marketing Officer for Universal Studios and Vice President at Disney’s Internet Group, Disney Interactive and Walt Disney Imagineering. Kenton’s career also includes senior corporate planning and marketing roles at Nestlé and Clorox. Kenton earned his undergraduate degree from the University of British Columbia and an MBA from the Anderson School at UCLA. He is also a sessional instructor at UBC’s Sauder School of Business.

Robert Armstrong

 Mr. Robert S. Armstrong serves as the Chief Strategic Development Officer of Ritchie Bros. Auctioneers Inc. He joined Ritchie Bros. Auctioneers in 1997. Bob has worked in several roles within the organization, starting as the Company's Manager of Corporate Relations. In 2000 he was promoted to Vice President, Investor Relations and Corporate Secretary. Subsequent roles included Vice President, Internet Services and Vice President, Finance. In November 2004, Bob was appointed Chief Financial Officer and Corporate Secretary. In 2008 he became the Company's Chief Operating Officer and in 2012 was appointed to the new position of Chief Strategic Development Officer. Bob is a Chartered Accountant with a Bachelor of Commerce degree from Queen’s University. Prior to joining Ritchie Bros. he worked for several years with KPMG and held financial management positions in the shipping and television production industries.

Andrew Muller

 Mr. Andrew Muller serves as Chief People Officer of Ritchie Bros. Auctioneers Inc. He joined Ritchie Bros. in 2011 as head of Human Resources, bringing with him practical knowledge of HR management and strategy, including recruiting, talent management and succession planning. Andrew came to Ritchie Bros. from BP Canada, where he served as VP of HR, and prior to that Suncor, where he oversaw the hiring of 1,000+ employees as VP of Talent Acquisition and then, as VP of HR, helped manage the integration of thousands of Suncor and Petro-Canada employees during one of the mergers in Canadian history. Andrew has broad HR experience in a range of industries and companies, including Lafarge (Aggregate Concrete & Asphalt group) and Labatt Breweries. He holds a Bachelor of Arts from the University of Waterloo (Ontario) and a Master’s degree in Industrial Relations from Queen’s University (Ontario).

Steven Simpson

 Mr. Steven C. Simpson serves as Chief Sales Officer of Ritchie Bros. Auctioneers Inc. He joined Ritchie Bros. in 1990 as a Territory Manager at the Surrey, B.C. auction site. In 1995 Steve relocated to Brisbane, Australia and helped establish Ritchie Bros.’ presence in the South Pacific region. He served as Regional Manager for seven years before returning to North America and taking on responsibility for the southwestern United States, first as Divisional Manager (2002) and then Vice President (2004), at which time he joined the Management Advisory Committee. In 2008 Steve was promoted to Senior Vice President, overseeing the U.S. West, and in 2012 assumed responsibility for global sales as Chief Sales Officer.

Darren Watt

 Mr. Darren Watt serves as Corporate Secretary of Ritchie Bros. Auctioneers Inc.

Beverley Briscoe

 Ms. Beverley Anne Briscoe serves as an Independent Director of Ritchie Bros. Auctioneers Inc. She was appointed to the Ritchie Bros. Board in 2004. Ms. Briscoe has an background working in industries complementary to the auction business and currently is owner and President of Briscoe Management Ltd, a consulting company she has owned since 2004. Ms. Briscoe previously owned and was president of Hiway Refrigeration Limited. Before that she held executive positions with Wajax Industries Ltd., the Rivtow Group, and the Jim Pattison Group, and was a manager at a predecessor firm of PricewaterhouseCoopers. Ms. Briscoe is a member of the board of Goldcorp Inc. (TSX: "G"; NYSE: "GG"), as well as a director of several non-profit organizations, including Forum of Women Entrepreneurs and Minerva Foundation. Ms. Briscoe holds a Bachelor of Commerce degree and is a Chartered Accountant (Fellow). Ms. Briscoe is currently Chair of the Audit Committee and a member of the Nominating & Corporate Governance Committee.

Robert Elton

 Mr. Robert George Elton serves as an Independent Director of Ritchie Bros. Auctioneers Inc. Bob is a corporate director and an adjunct professor at the University of British Columbia's Sauder School of Business. Mr. Elton held a number of positions at BC Hydro, a government-owned electric utility, between 2001 and 2009, including President and Chief Executive Officer and EVP Finance and Chief Financial Officer. He was also CFO at Eldorado Gold Corporation from 1996 until 2001 (TSX: "ELD"; NYSE "EGO"; ASX: "EAU"). Bob spent over 20 years with PriceWaterhouseCoopers and predecessor firms, becoming Partner in 1987 before leaving the firm in 1996. He is a Fellow of the Institute of Chartered Accountants in British Columbia and has a Master of Arts degree from Cambridge University, U.K. Bob is a director and chair of a number of not for profit Boards as well as Chair of the Board of Governors of Simon Fraser University. He is also a director of Lincoln Mining Corporation, a public mining company (TSX-V: "LMG").

Eric Patel

 Mr. Eric Patel serves as an Independent Director of Ritchie Bros. Auctioneers Inc. He was first elected to the Ritchie Bros. Board in 2004. Mr. Patel has business and financial experience, most recently as CFO of Pembrook Mining Corp. (formerly Paget Resources Corporation), a private mining company that he left in 2010. Prior to that Mr. Patel acted as the CFO of Crystal Decisions, Inc., a privately held software company. Mr. Patel joined Crystal Decisions in 1999 after holding executive level positions, including that of CFO, with University Games, Inc., a privately held manufacturer of educational toys and games. Before 1997, Mr. Patel worked for Dreyer's Grand Ice Cream as Director of Strategy, for Marakon Associates strategy consultants and for Chemical Bank. Mr. Patel sits on the Advisory Board of ACL Services Ltd, the board of Daiya Foods Inc. and is treasurer of B.C. Social Ventures Partners, a not for profit-organization. Mr. Patel holds an MBA degree. Mr. Patel is currently a member of the Audit Committee and is Chair of the Nominating & Corporate Governance Committee.

Edward Pitoniak

 Mr. Edward Baltazar Pitoniak serves as an Independent Director of Ritchie Bros. Auctioneers Inc. He was appointed to the Company's Board in 2006 and is currently Chair of the Company's Compensation Committee. Mr. Pitoniak is a businessman and until 2008 was President and CEO of bcIMC Hospitality, a private hotel company. Prior to joining the predecessor firm of bcIMC Hospitality Group in 2004 (Canadian Hotel Income Properties Real Estate Investment Trust – TSX: "HOT.un"), Mr. Pitoniak was a Senior Vice-President at Intrawest Corporation for eight years. Before Intrawest, Mr. Pitoniak spent nine years with Times Mirror Magazines, where he held both top editorial and advertising positions with Ski Magazine — specifically, editor-in-chief and advertising director. Mr. Pitoniak has a Bachelor of Arts degree.

Christopher Zimmerman

 Mr. Christopher Zimmerman serves as an Independent Director of Ritchie Bros. Auctioneers Inc. Mr. Zimmerman was elected to the Company's Board in 2008. Mr. Zimmerman was appointed President of Easton Sports, Inc. in March 2010, which is a designer, developer and marketer of sports equipment and accessories. He resigned in 2009 from the position of President and Chief Executive Officer of Canucks Sports and Entertainment, a sports entertainment company in Vancouver, B.C. Before joining the Canucks organization, Mr. Zimmerman was the President and Chief Executive Officer of Nike Bauer Inc., a hockey equipment company. Prior to this appointment in March 2003, Mr. Zimmerman was General Manager of Nike Golf USA, in Beaverton, Oregon. He joined Nike Golf in 1998 after spending 16 years in a variety of senior advertising positions, including USA Advertising Director for the Nike Brand and Senior Vice President at Saatchi and Saatchi Advertising in New York. Mr. Zimmerman has an MBA degree from Babson College. Mr. Zimmerman is a member of the Compensation Committee.

Ben Chow

Basic Compensation

Name Fiscal Year Total

Robert Murdoch

 --

Robert Mackay

 1,056,790

Peter Blake

 1,747,080

Robert McLeod

 711,146

Kenton Low

 --

Robert Armstrong

 1,001,110

Andrew Muller

 --

Steven Simpson

 1,051,170

Darren Watt

 --

Beverley Briscoe

 --

Robert Elton

 --

Eric Patel

 --

Edward Pitoniak

 --

Christopher Zimmerman

 --

Ben Chow

 --
As Of 30 Dec 2012

Options Compensation

Name Options Value

Robert Murdoch

 0 0

Robert Mackay

 68,500 2,493,384

Peter Blake

 98,800 3,952,693

Robert McLeod

 0 0

Kenton Low

 0 0

Robert Armstrong

 36,400 1,843,843

Andrew Muller

 0 0

Steven Simpson

 0 0

Darren Watt

 0 0

Beverley Briscoe

 0 0

Robert Elton

 0 0

Eric Patel

 0 0

Edward Pitoniak

 0 0

Christopher Zimmerman

 0 0

Ben Chow

 0 0

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