Mr. Ravi Saligram, a Shields Meneley Partners client, has accepted an offer to become the new Chief Executive Officer at Ritchie Bros. Auctioneers. Robert Murdoch, Chairman of the Board, stated, “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. 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.”
Ritchie Bros. is the world’s largest industrial auctioneer, which is headquartered in Vancouver, BC, Canada and has more than 1,400 full-time employees worldwide. “Ritchie Bros. leading market position, deep operational expertise in unreserved auctions and highly engaged teams committed to customer service attracted me to this role,” said Mr. 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.”
Mr. Saligram’s 35-year professional career includes three years as President and Chief Executive Officer 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. Ravi 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. We are pleased for Ravi and know that he will add considerable value to Ritchie Bros.