leadership
confidence high
sentiment neutral
materiality 0.40
RB Global finalizes CEO Kessler employment contract; $850K salary, $11.4M LTI, double-trigger change-of-control
RB GLOBAL INC.
- Jim Kessler gets $850K base salary, STI bonus target 125% of base (max 200%), and $11.4M LTI target.
- Termination without cause or for good reason: 2x base + 2x target STI, 2 years benefits, pro-rated STI.
- Change-of-control double trigger: lump sum of 2x base + 2x target STI + benefits cost, plus pro-rated bonus.
- Post-termination restrictions: 12-month non-solicit and non-compete in Canada/US, plus confidentiality and non-disparagement.