Ann Fandozzi Related Content

Ritchie Bros. Shareholders Approve IAA Acquisition

Ritchie Bros. shareholders voted to approve the proposed acquisition of IAA. Ritchie Bros. will file final certified voting results on an 8-K with the U.S. Securities and Exchange Commission as soon as practicable. read more

Ritchie Bros. Sells More Than $244MM in Equipment at Auction in Orlando, FL

Ritchie Bros. sold more than 13,300 equipment items, trucks and vehicles at its Premier Global Auction in Orlando, FL, generating more than $244 million in gross transaction value. read more

Ritchie Bros. to Showcase Insights at CONEXPO-CON/AGG

Ritchie Bros. will showcase its growing list of insights, services and transaction solutions at CONEXPO-CON/AGG, an equipment tradeshow in North America to be held in March in Las Vegas. read more

Ritchie Bros. Receives $500MM Investment from Starboard Value

Ritchie Bros. entered into a securities purchase agreement with Starboard Value and certain of its affiliates pursuant to which Starboard will make a concurrent $485 million convertible preferred equity and $15 million common share investment in Ritchie Bros. read more

Ritchie Bros. and IAA Amend Merger Agreement

Ritchie Bros. and IAA amended the terms of their previously announced merger agreement. The amended agreement shifts the consideration makeup to a cash/stock mix of approximately 29% cash and 71% stock from the previous mix of 22% cash and 78% stock. read more

Ritchie Bros.’ Fandozzi Recognized as CEO Innovator of the Year by The Globe & Mail

Canada's largest newspaper, The Globe & Mail, recognized Ritchie Bros.’ CEO Ann Fandozzi as its CEO Innovator of the Year. read more

Ritchie Bros. Acquires IAA for $7.3B

Ritchie Bros. Auctioneers and IAA entered into a definitive agreement under which Ritchie Bros. will acquire IAA in a stock and cash transaction valued at approximately $7.3 billion, including the assumption of $1 billion of net debt. read more

Ritchie Bros. Forms Dedicated Energy Team, Kittson to Lead

Ritchie Bros. formed a new dedicated energy team to support oil and gas customers with a suite of transaction solutions, services and insights. Kelly Kittson, director of strategic accounts for Ritchie Bros., will lead the new team. read more

Jacobs Joins Ritchie Bros. as Chief Financial Officer

Eric Jacobs will be joining Ritchie Bros. Auctioneers as its chief financial officer, effective June 6, 2022. Sharon Driscoll, the company's current chief financial officer, will remain with the company in an advisory capacity to assist with the transition.  read more

Ritchie Bros. Discontinues Euro Auctions Acquisition

Ritchie Bros. Auctioneers’ wholly-owned, indirect subsidiary, Ritchie Bros. UK Holdings, is terminating its sale and purchase agreement of Euro Auctions following the referral of the proposed acquisition to a Phase 2 review by the UK Competition and Markets Authority. read more

Ritchie Bros. Completes Acquisition of SmartEquip

Ritchie Bros. completed its acquisition of SmartEquip, a technology platform that supports the management of the equipment lifecycle and integrates parts procurement with both OEMs and dealers. read more

Ritchie Bros. Launches Self-Serve Equipment Listing Service

Ritchie Bros. launched a new self-serve equipment listing service: RitchieList.com. The new service gives customers the control and tools to sell equipment privately. read more

Ritchie Bros. Adds Hook to Board of Directors

Lisa Hook, the former CEO of Neustar and Sunrocket, will join Ritchie Bros.’ board of directors on Nov. 1. read more

Driscoll Plans to Retire as CFO of Ritchie Bros.

Sharon Driscoll, CFO of Ritchie Bros., intends to retire within the next two years. As part of the succession process, Driscoll will continue to serve as CFO until the company appoints her successor and will then assume a role as an executive vice president. read more

Ritchie Bros. Acquires SmartEquip for $175MM

Ritchie Bros. entered into a definitive agreement to acquire SmartEquip for approximately $175 million. read more

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