Kieran Holm - Ritchie Bros President

RBA Stock  CAD 138.34  0.78  0.57%   

President

Mr. Kieran C. Holm is Senior Vice President Operational Excellence Efficiencies of the Company. Kieran Holm joined the Company in 2004 in the marketing department before taking on progressively more senior positions. The roles included general management as Area Manager in Texas Regional Manager in Chicago sales management as Vice President, Sales North Central United States from 2012 to 2014 and strategic management as Managing Director Asia Pacific from 2015 to 2017. In 2017 he relocated back from Tokyo to take on his current role overseeing the operations side of Ritchie Bros. Kieran has developed and executed strong growth strategies, managed highperforming teams and spearheaded Ritchie Bros. expansion into new markets and segments including auctioning realestate assets and classic cars since 2019.
Age 50
Tenure 5 years
Professional MarksMBA
Address Two Westbrook Corporate Center, Westchester, IL, United States, 60154
Phone708 492 7000
Webhttps://rbglobal.com
Holm holds an MBA, specializing in finance, from McGill University, earned at the University’s Tokyo, Japan, campus; and a Bachelor of Arts degree from the University of Victoria .

Ritchie Bros Management Efficiency

The company has return on total asset (ROA) of 0.0399 % which means that it generated a profit of $0.0399 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0682 %, meaning that it generated $0.0682 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 1st of December 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' Return On Tangible Assets are very stable compared to the past year. As of the 1st of December 2024, Intangibles To Total Assets is likely to grow to 0.65, while Net Tangible Assets are likely to drop about 12 M.
Ritchie Bros Auctioneers has accumulated 4.6 B 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.

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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
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.

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.
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.
Pair CorrelationCorrelation Matching

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.