IronPlanet Promotes Mike Groves to Senior Vice President of North American Sales

May 16, 2008
IronPlanet (www.ironplanet.com), an online auction company for used construction and agricultural equipment, recently promoted Mike Groves to the position of senior vice president of North American sales. Groves will be responsible for IronPlanet’s ...

IronPlanet (www.ironplanet.com), an online auction company for used construction and agricultural equipment, recently promoted Mike Groves to the position of senior vice president of North American sales. Groves will be responsible for IronPlanet’s continued growth in the U.S., Canada and Mexico.

Groves has been with IronPlanet for five years, most recently serving as vice president of territory sales. As a result of Groves’ strong sales leadership, IronPlanet posted record sales of $231 million in 2007 — up 42 percent over 2006 — and expanded its sales force by more than 75 percent over the past two quarters. IronPlanet also reported a record first quarter this year, with gross auction sales of $77.6 million — up 135 percent over the first quarter of 2007.

Before joining IronPlanet, Groves worked for 11 years in the auction industry as vice president and general manager of Forke Brothers and division manager of Ritchie Brothers. Groves also held the position of regional used equipment manager for Nortrax Southeast.