Sundar PichaiSundar Pichai earned $164M in 2023
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Jim Kessler

CEO of RB Global

Education

Undergraduate degree and MBA from Saint Joseph's University.

Field of Expertise

Business & Management

Born

January 1, 1972 - 53 years ago

Economy Sector

Industrials

Current Tenure

1 year 7 months (Aug 2023 - Present)

Previous Experience

President of Emerging Business for Caliber Collision, Chief Operating Officer of ABRA Auto Body and Glass, various senior leadership roles at Caliber Collision, vRide, and Pep Boys.

Jim Kessler is the CEO of RB Global, Inc., having stepped into the role on August 1, 2023. Before becoming CEO, he was the company’s Chief Operating Officer. He has extensive experience in operations, having previously held significant positions in...

Year

2023

Total Compensation

$2.77M

Salary

$781.25K

Board Justification

The compensation philosophy is to align executive pay with performance, focusing on both short-term and long-term incentives that drive company performance and shareholder value.

Bonus

$1.82M

Board Justification

The payout of the 2023 STI awards was calculated based on the Company’s achievement of Agency Proceeds, OFCF and Budgeted Non-GAAP Operating Income performance measures, with a performance payout of 167% of Target.

Other

$174.20K

Board Justification

Other compensation includes a car allowance, matching contributions to the ESPP and 401(k) plan, and dividend equivalents corresponding to PSUs and RSUs.

Restricted Stock

$0.00(0 PSUs, RSUs, and stock options)

Board Justification

No stock was vested in 2023 as the LTI awards are structured to vest over a multi-year period, with the first vesting occurring in 2024.

Performance Metrics

The performance metrics for the 2023 STI included Agency Proceeds, Operating Free Cash Flow, and Budgeted Non-GAAP Operating Income.