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

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.

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

Financial Analyst

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.

Corporate Governance Expert

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.

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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.