Ritchie Bros. Auctioneers has appointed Ravi Saligram as the company’s new CEO, succeeding Peter Blake, who will leave the company this month. Saligram will also be named to the company’s board of directors. 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.

Saligram has lived in five countries and worked in many more across five continents. He has considerable experience running global, multi-unit service organizations and overseeing large sales teams.

“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. “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.’ leading market position, deep operational expertise in unreserved auctions and highly engaged teams committed to customer service attracted me to this role,” Saligram said. “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.”