Ritchie Bros. Auctioneers has appointed Ravi Saligram as the company's new CEO.
Saligram will succeed Peter Blake, who will be leaving the company in July. It is expected that Saligram will assume his new role as CEO on July 7 and will be appointed as a member of the company's board of directors then. He will work in the company's Vancouver, British Columbia headquarters.
"We are very pleased to welcome Ravi Saligram to Ritchie Bros. as CEO. Ravi is a proven leader and an experienced chief executive within the business services sector, and has an impressive track record of driving revenue and profit growth at customer-service focused organizations," said Robert Murdoch, chairman of the board, on behalf of all board members.
"Ravi's recognized talent for cultivating strong corporate cultures and his extensive global business experience will benefit Ritchie Bros. significantly as we enter our next phase of growth," Murdoch said.
Saligram's 35-year professional career includes three years as president and CEO of OfficeMax, and more than 20 years of general management experience at Aramark, Intercontinental Hotels Group, and SC Johnson. He has lived in five countries and worked in many more across five continents. He is noted for his ability to lead consumer, B-to-B, and digital businesses, and has considerable experience running global, multi-unit service organizations and overseeing large sales teams.
"Ritchie Bros.' leading market position, deep operational expertise in unreserved auctions and highly engaged team committed to customer service attracted me to this role," said Saligram. "I am excited by the opportunity to further grow the core business in both North America and internationally, and scale new e-based business models to provide comprehensive solutions to customers. I look forward to partnering with our team to make Ritchie Bros. the premier global equipment solutions company."
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