October 9, 2013
Ritchie Bros. Auctioneers announced Tuesday that the company’s CEO, Peter Blake, will step down in May 2014, during the company’s annual meeting.
Blake has worked with Ritchie Bros. for 22 years, serving as CEO for the last nine years.
Ritchie Bros. stated that Blake will remain as CEO during the interim period.
The Board of Directors will look for a new CEO for the company.
In addition to Blake’s decision to step down, Ritchie Bros. President Rob Mackay will retire October 31.