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  "documentTitle": "Ritchie Bros. Auctioneers (RBA)",
  "authorId": "21_Ancora",
  "authorName": "Ancora",
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  "presentationDate": "2023-02-08 00:00:00",
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  "notes": "Includes a headshot of Ann Fandozzi and a stock performance chart comparing RBA to S&P 500.",
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      "kind": "callout",
      "text": "We are very confident in Ms. Fandozzi's vision for the combined company and her ability to realize the full extent of benefits, synergies and long-term value creation opportunities for all stakeholders",
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      "kind": "callout",
      "text": "RBA shares have returned an average annual rate of 14.3% over Ms. Fandozzi's tenure, which is +409 basis points greater than the S&P 500's total return of 10.2% over the same time period.",
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      "text": "RBA Total Shareholder Returns over CEO Ann Fandozzi's Tenure",
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      "text": "Since joining as RBA's Chief Executive Officer in January 2020, Ms. Fandozzi has improved every relevant financial metric over her tenure... Ancora believes that Ms. Fandozzi's previous experience... will serve her well... ABRA's primary end customer includes auto body insurers...",
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      "text": "Total Shareholder Return: 14.3%",
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      "text": "Source: FactSet. Total Shareholder Returns data runs through close of trading on February 7, 2023 and includes dividends reinvested.",
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      "kind": "title",
      "text": "ANN FANDOZZI IS THE RIGHT LEADER FOR RBA AND IAA",
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