RB Global Appoints Steve Steinberg as CFO and Announces Executive Realignment
RB GLOBAL INC.
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Filing Summary
RB Global, Inc. ($RBA) announced executive leadership changes on Form 8-K. Steve Steinberg has been appointed Chief Financial Officer effective October 7, 2026, succeeding Eric Guerin, whose last day was October 6, 2026. Chief Operating Officer Steve Lewis is also departing effective October 9, 2026. Simultaneously, the company reiterated expectations that full-year 2026 financial results will track toward the high end of its previously issued guidance range.
Comprehensive Analysis
Executive Appointment and Departures Overview
On October 8, 2026, RB Global, Inc. announced significant executive leadership transitions under Item 5.02:
- CFO Appointment: Steve Steinberg (age 62) was appointed Chief Financial Officer effective October 7, 2026. Mr. Steinberg has been with the company since 2016, most recently serving as Senior Vice President and Head of Strategic Planning and Decision Support.
- Executive Departures: Former CFO Eric Guerin departed effective October 6, 2026, and Chief Operating Officer Steve Lewis is scheduled to depart on October 9, 2026. Both departing executives will receive severance benefits under their respective agreements.
Compensation Package for New CFO
Under his employment agreement dated October 7, 2026, Mr. Steinberg's compensatory arrangements include:
- Annual Base Salary: $625,000 USD.
- Short-Term Incentive (STI): Target opportunity of 100% of base salary, with a maximum payout opportunity of 200%.
- Long-Term Incentive (LTI): Annual equity award target equal to 400% of base salary, subject to Compensation Committee approval.
- Severance Terms: Upon termination without cause or resignation for good reason, severance includes 18 months of base salary and target STI, a pro-rated annual bonus, and up to 12 months of COBRA continuation. In a double-trigger change-of-control scenario, cash severance includes 1.5x base salary, 1.5x target STI bonus, pro-rated bonus, and 1.5x benefit costs.
Business & Guidance Context
Alongside the leadership announcements, RB Global issued a press release (Exhibit 99.1) confirming that it expects full-year 2026 results to fall toward the high end of its previously provided guidance (GTV growth of 9–11% and Adjusted EBITDA of $1,495–$1,545 million).
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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