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[8-K] RB Global, Inc. Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

RB Global announced a planned leadership transition and an internal accounting promotion. The company’s Chief Revenue Officer, Jeff Jeter, will retire effective March 31, 2026, and will remain as an advisor through 2026 to support a smooth transition. This provides near-term continuity while the company plans for a successor.

The company promoted Chris Carlson to Chief Accounting Officer effective August 24, 2025. Mr. Carlson’s annual base salary will be increased to $350,000, his short-term incentive target is set at 60% of base salary, and his long-term incentive target will increase to 80% of base salary (from 60%). The filing notes Mr. Carlson has no family ties to executives or directors and discloses no material related-party transactions over $120,000 since the start of the last fiscal year.

RB Global ha annunciato una prevista transizione di leadership e una promozione interna nell'area contabile. Il Chief Revenue Officer dell'azienda, Jeff Jeter, andrà in pensione il 31 marzo 2026 e resterà come consulente fino alla fine del 2026 per agevolare una transizione senza intoppi. Ciò garantisce continuità a breve termine mentre la società cerca un successore.

L'azienda ha promosso Chris Carlson a Chief Accounting Officer con effetto dal 24 agosto 2025. Lo stipendio base annuo del signor Carlson sarà aumentato a $350,000, il suo incentivo a breve termine è fissato al 60% dello stipendio base e l'incentivo a lungo termine salirà al 80% dello stipendio base (da 60%). Il documento segnala che il signor Carlson non ha legami familiari con dirigenti o amministratori e non risultano operazioni rilevanti con parti correlate superiori a $120,000 dall'inizio dell'ultimo esercizio.

RB Global anunció una transición planificada en su liderazgo y una promoción interna en contabilidad. El Chief Revenue Officer de la compañía, Jeff Jeter, se retirará el 31 de marzo de 2026 y permanecerá como asesor durante 2026 para apoyar una transición fluida. Esto proporciona continuidad a corto plazo mientras la empresa planea a su sucesor.

La compañía ascendió a Chris Carlson a Chief Accounting Officer con efecto el 24 de agosto de 2025. El salario base anual del Sr. Carlson se incrementará a $350,000, su objetivo de incentivo a corto plazo se establece en 60% del salario base, y su objetivo de incentivo a largo plazo aumentará a 80% del salario base (desde 60%). El informe señala que el Sr. Carlson no tiene lazos familiares con ejecutivos o directores y no se registran transacciones materiales con partes relacionadas por más de $120,000 desde el inicio del último ejercicio.

RB Globalì€ ì˜ˆì •ë� 리ë”ì‹� êµì²´ì™€ ë‚´ë¶€ 회계 담당ìž� 승진ì� 발표했습니다. 회사ì� 최고수ìµì±…ìž„ìž�(Chief Revenue Officer) 제프 제터(Jeff Jeter)ëŠ� 2026ë…� 3ì›� 31ì¼ìžë¡� ì€í‡´í•˜ë©�, ì›í™œí•� ì¸ìˆ˜ì¸ê³„ë¥� 위해 2026ë…� ë§ê¹Œì§€ 고문으로 ë‚¨ì„ ì˜ˆì •ìž…ë‹ˆë‹�. ì´ëŠ” 후임ìž� 선정까지 단기ì � ì—°ì†ì„±ì„ 제공합니ë‹�.

회사ëŠ� í¬ë¦¬ìŠ� 칼슨(Chris Carlson)ì� 2025ë…� 8ì›� 24ì¼ë¶€ë¡� 최고회계책임ìž�(Chief Accounting Officer)ë¡� 승진시켰습니ë‹�. 칼슨 ì”¨ì˜ ì—°ë´‰(기본ê¸�)ì€ $350,000으로 ì¸ìƒë˜ë©°, 단기 ì¸ì„¼í‹°ë¸Œ 목표ëŠ� ê¸°ë³¸ê¸‰ì˜ 60%, 장기 ì¸ì„¼í‹°ë¸Œ 목표ëŠ� (기존 60%ì—서) 80%ë¡� ìƒí–¥ë©ë‹ˆë‹�. 제출 서류ì—� 따르ë©� 칼슨 씨는 ê²½ì˜ì§„ì´ë‚� ì´ì‚¬ì™€ì� ê°€ì¡� 관계가 없고, ì§€ë‚� íšŒê³„ì—°ë„ ì‹œìž‘ ì´í›„ë¡� $120,000ë¥� 초과하는 중요 ê´€ë � 당사ìž� 거래ë� 없다ê³� ë°í˜€ì¡ŒìŠµë‹ˆë‹¤.

RB Global a annoncé une transition de leadership planifiée et une promotion interne au service comptabilité. Le Chief Revenue Officer de la société, Jeff Jeter, prendra sa retraite le 31 mars 2026 et restera conseiller jusqu'à la fin de 2026 afin de faciliter une transition en douceur. Cela assure une continuité à court terme pendant que l'entreprise prépare un successeur.

La société a promu Chris Carlson au poste de Chief Accounting Officer à compter du 24 août 2025. Le salaire de base annuel de M. Carlson sera porté à $350,000, son objectif d'incitation à court terme est fixé à 60% du salaire de base, et son objectif d'incitation à long terme passera à 80% du salaire de base (contre 60%). Le dossier indique que M. Carlson n'a pas de liens familiaux avec des dirigeants ou administrateurs et qu'aucune opération significative avec des parties liées supérieure à $120,000 n'a été déclarée depuis le début du dernier exercice.

RB Global hat einen geplanten Führungswechsel und eine interne Beförderung im Rechnungswesen angekündigt. Der Chief Revenue Officer des Unternehmens, Jeff Jeter, wird zum 31. März 2026 in den Ruhestand treten und dem Unternehmen bis Ende 2026 als Berater erhalten bleiben, um einen reibungslosen Übergang zu unterstützen. Dies sorgt kurzfristig für Kontinuität, während das Unternehmen einen Nachfolger plant.

Das Unternehmen hat Chris Carlson mit Wirkung zum 24. August 2025 zum Chief Accounting Officer befördert. Das jährliche Grundgehalt von Herrn Carlson wird auf $350,000 erhöht, sein Ziel für kurzfristige Anreize liegt bei 60% des Grundgehalts, und das Ziel für langfristige Anreize steigt auf 80% des Grundgehalts (vorher 60%). Die Einreichung stellt fest, dass Herr Carlson keine familiären Beziehungen zu Führungskräften oder Direktoren hat und seit Beginn des letzten Geschäftsjahres keine wesentlichen Transaktionen mit verbundenen Parteien über $120,000 offengelegt wurden.

Positive
  • Planned transition with advisory overlap: The outgoing Chief Revenue Officer will remain as an advisor through 2026 to support continuity.
  • Internal promotion: Chris Carlson is promoted from SVP, Global Controller to Chief Accounting Officer, supporting leadership continuity.
  • Clear compensation structure: The filing specifies base salary and incentive targets for the new CAO role, increasing transparency.
Negative
  • Executive departure: The Chief Revenue Officer will retire effective March 31, 2026, representing a leadership change in revenue management.
  • Increased executive compensation: The Chief Accounting Officer role carries a higher base salary ($350,000) and larger incentive targets (STI 60%, LTI 80%), which may raise personnel costs.

Insights

TL;DR: Internal promotion stabilizes accounting leadership; CRO retirement announced with advisory overlap for continuity.

Mr. Carlson’s elevation to Chief Accounting Officer is an internal promotion from SVP, Global Controller, effective August 24, 2025, and includes a base salary of $350,000, STI target of 60% of base, and LTI target of 80% of base. These changes are concrete, disclosed compensation adjustments that will increase executive expenses relative to prior targets. The CRO, Jeff Jeter, will retire effective March 31, 2026, but will serve as an advisor through 2026, which the company states is intended to ensure a smooth transition.

TL;DR: Succession actions are documented and include disclosure of conflicts and related-party activity limits.

The filing documents leadership succession steps and compensation modifications with explicit conflict-of-interest disclosures: Mr. Carlson has no family relationships with executives or directors and no material transactions exceeding $120,000 since the beginning of the last fiscal year. The board’s decision to promote an internal accounting executive and to retain the outgoing CRO as an advisor are factual governance measures the company has formalized in this report.

RB Global ha annunciato una prevista transizione di leadership e una promozione interna nell'area contabile. Il Chief Revenue Officer dell'azienda, Jeff Jeter, andrà in pensione il 31 marzo 2026 e resterà come consulente fino alla fine del 2026 per agevolare una transizione senza intoppi. Ciò garantisce continuità a breve termine mentre la società cerca un successore.

L'azienda ha promosso Chris Carlson a Chief Accounting Officer con effetto dal 24 agosto 2025. Lo stipendio base annuo del signor Carlson sarà aumentato a $350,000, il suo incentivo a breve termine è fissato al 60% dello stipendio base e l'incentivo a lungo termine salirà al 80% dello stipendio base (da 60%). Il documento segnala che il signor Carlson non ha legami familiari con dirigenti o amministratori e non risultano operazioni rilevanti con parti correlate superiori a $120,000 dall'inizio dell'ultimo esercizio.

RB Global anunció una transición planificada en su liderazgo y una promoción interna en contabilidad. El Chief Revenue Officer de la compañía, Jeff Jeter, se retirará el 31 de marzo de 2026 y permanecerá como asesor durante 2026 para apoyar una transición fluida. Esto proporciona continuidad a corto plazo mientras la empresa planea a su sucesor.

La compañía ascendió a Chris Carlson a Chief Accounting Officer con efecto el 24 de agosto de 2025. El salario base anual del Sr. Carlson se incrementará a $350,000, su objetivo de incentivo a corto plazo se establece en 60% del salario base, y su objetivo de incentivo a largo plazo aumentará a 80% del salario base (desde 60%). El informe señala que el Sr. Carlson no tiene lazos familiares con ejecutivos o directores y no se registran transacciones materiales con partes relacionadas por más de $120,000 desde el inicio del último ejercicio.

RB Globalì€ ì˜ˆì •ë� 리ë”ì‹� êµì²´ì™€ ë‚´ë¶€ 회계 담당ìž� 승진ì� 발표했습니다. 회사ì� 최고수ìµì±…ìž„ìž�(Chief Revenue Officer) 제프 제터(Jeff Jeter)ëŠ� 2026ë…� 3ì›� 31ì¼ìžë¡� ì€í‡´í•˜ë©�, ì›í™œí•� ì¸ìˆ˜ì¸ê³„ë¥� 위해 2026ë…� ë§ê¹Œì§€ 고문으로 ë‚¨ì„ ì˜ˆì •ìž…ë‹ˆë‹�. ì´ëŠ” 후임ìž� 선정까지 단기ì � ì—°ì†ì„±ì„ 제공합니ë‹�.

회사ëŠ� í¬ë¦¬ìŠ� 칼슨(Chris Carlson)ì� 2025ë…� 8ì›� 24ì¼ë¶€ë¡� 최고회계책임ìž�(Chief Accounting Officer)ë¡� 승진시켰습니ë‹�. 칼슨 ì”¨ì˜ ì—°ë´‰(기본ê¸�)ì€ $350,000으로 ì¸ìƒë˜ë©°, 단기 ì¸ì„¼í‹°ë¸Œ 목표ëŠ� ê¸°ë³¸ê¸‰ì˜ 60%, 장기 ì¸ì„¼í‹°ë¸Œ 목표ëŠ� (기존 60%ì—서) 80%ë¡� ìƒí–¥ë©ë‹ˆë‹�. 제출 서류ì—� 따르ë©� 칼슨 씨는 ê²½ì˜ì§„ì´ë‚� ì´ì‚¬ì™€ì� ê°€ì¡� 관계가 없고, ì§€ë‚� íšŒê³„ì—°ë„ ì‹œìž‘ ì´í›„ë¡� $120,000ë¥� 초과하는 중요 ê´€ë � 당사ìž� 거래ë� 없다ê³� ë°í˜€ì¡ŒìŠµë‹ˆë‹¤.

RB Global a annoncé une transition de leadership planifiée et une promotion interne au service comptabilité. Le Chief Revenue Officer de la société, Jeff Jeter, prendra sa retraite le 31 mars 2026 et restera conseiller jusqu'à la fin de 2026 afin de faciliter une transition en douceur. Cela assure une continuité à court terme pendant que l'entreprise prépare un successeur.

La société a promu Chris Carlson au poste de Chief Accounting Officer à compter du 24 août 2025. Le salaire de base annuel de M. Carlson sera porté à $350,000, son objectif d'incitation à court terme est fixé à 60% du salaire de base, et son objectif d'incitation à long terme passera à 80% du salaire de base (contre 60%). Le dossier indique que M. Carlson n'a pas de liens familiaux avec des dirigeants ou administrateurs et qu'aucune opération significative avec des parties liées supérieure à $120,000 n'a été déclarée depuis le début du dernier exercice.

RB Global hat einen geplanten Führungswechsel und eine interne Beförderung im Rechnungswesen angekündigt. Der Chief Revenue Officer des Unternehmens, Jeff Jeter, wird zum 31. März 2026 in den Ruhestand treten und dem Unternehmen bis Ende 2026 als Berater erhalten bleiben, um einen reibungslosen Übergang zu unterstützen. Dies sorgt kurzfristig für Kontinuität, während das Unternehmen einen Nachfolger plant.

Das Unternehmen hat Chris Carlson mit Wirkung zum 24. August 2025 zum Chief Accounting Officer befördert. Das jährliche Grundgehalt von Herrn Carlson wird auf $350,000 erhöht, sein Ziel für kurzfristige Anreize liegt bei 60% des Grundgehalts, und das Ziel für langfristige Anreize steigt auf 80% des Grundgehalts (vorher 60%). Die Einreichung stellt fest, dass Herr Carlson keine familiären Beziehungen zu Führungskräften oder Direktoren hat und seit Beginn des letzten Geschäftsjahres keine wesentlichen Transaktionen mit verbundenen Parteien über $120,000 offengelegt wurden.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION  

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported): August 5, 2025

 

 

RB Global, Inc.

(Exact name of registrant as specified in its charter)

 

Canada   001-13425   98-0626225
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (I.R.S. Employer
Identification Number)

 

Two Westbrook Corporate Center, Suite 500,Westchester, Illinois60154

(Address of principal executive offices) (Zip Code)

 

(708) 492-7000

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)
   

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))
   

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common shares RBA New York Stock Exchange
Common Share Purchase Rights N/A New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

 

 

 

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On August 5, 2025, Jeff Jeter, Chief Revenue Officer of RB Global, Inc. (the “Company”) informed the Company that he will retire from the Company, effective March 31, 2026. After such date, Mr. Jeter will continue to be an advisor to the Company through 2026 to ensure a smooth transition.

 

On August 5, 2025, the Company appointed Chris Carlson, 43, to serve as the Company’s Chief Accounting Officer, effective August 24, 2025 (the “Effective Date”). Mr. Carlson has served as the Company’s SVP, Global Controller since 2023 and prior to that from 2019 as Principal Accounting Officer, Treasurer and Corporate Controller at IAA, Inc. before the Company’s acquisition of IAA. In connection with Mr. Carlson’s promotion and additional responsibilities, the following will apply: (1) Mr. Carlson’s annual base salary will be increased to $350,000, (2) Mr. Carlson’s target incentive amount under the Company’s annual short-term incentive (“STI”) program will be 60% of his base salary; and (3) Mr. Carlson’s long-term incentive (“LTI”) target will be increased from 60% to 80% of his base salary.

 

Mr. Carlson has no family relationship with any of the executive officers or directors of the Company. Since the beginning of the Company’s last fiscal year, Mr. Carlson does not have a material interest, direct or indirect, in any other transaction or proposed transaction with the Company involving an amount exceeding $120,000.

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  RB GLOBAL, INC.
     
  By: /s/ Ryan Welsh
    Ryan Welsh
    VP Legal & Corporate Secretary

 

Date: August 11, 2025

 

 

FAQ

What did RB Global (RBA) announce in this Form 8-K?

The company announced the retirement of its Chief Revenue Officer, Jeff Jeter, effective March 31, 2026, and the promotion of Chris Carlson to Chief Accounting Officer effective August 24, 2025.

When will the outgoing CRO, Jeff Jeter, leave RB Global (RBA)?

Jeff Jeter will retire effective March 31, 2026 and will continue as an advisor to the company through 2026.

What are the compensation details for the new Chief Accounting Officer at RBA?

Chris Carlson’s annual base salary will be increased to $350,000; his STI target is 60% of base salary; his LTI target will be 80% of base salary (up from 60%).

Does the filing disclose any related-party transactions involving Chris Carlson?

The filing states Mr. Carlson has no family relationship with any executive or director and no material interest in transactions exceeding $120,000 since the beginning of the last fiscal year.

Is the Chief Accounting Officer role filled internally at RB Global (RBA)?

Yes, Chris Carlson is an internal promotion; he has served as the company’s SVP, Global Controller since 2023 and previously held roles at IAA, Inc.
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Specialty Business Services
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United States
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