Ritchie Bros. Auctioneers’ CEO Peter Blake will step down in May 2014, and during the interim period he will remain as CEO, continuing to lead the company and the board will initiate a search for his replacement.
He joined Ritchie Bros. in 1991 and has served as CEO of Ritchie Bros since 2004. Under his leadership the company has grown to become a global leader in the industrial equipment exchange business, expanding into new markets with a track record as a leading innovator in the industry.
October 10, 2013
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8033 Ritchie Bros. Auctioneers’ CEO Peter Blake will step down in May 2014, and during the interim period he will remain as CEO, continuing to lead the company and the board will initiate a search for his replacement.
He joined Ritchie Bros. in 1991 and has served as CEO of Ritchie Bros since 2004. Under his leadership the company has grown to become a global leader in the industrial equipment exchange business, expanding into new markets with a track record as a leading innovator in the industry.
Robert Murdoch, Chairman of board of directors of Ritchie Bros, said: "Peter Blake has been an outstanding leader of Ritchie Bros. During his tenure shareholder value has increased by over $1.2 billion. With his vision passion and commitment he has positioned the company to continue to grow and thrive into the future.”
