Ritchie Bros. Restructures, Names Three New Regional Leaders

New Ritchie Bros. Auctioneers Ravi Saligram is implementing a new organizational structure and has named Randy Wall, Jeroen Rijk and Kieran Holm as regional leaders to oversee and drive regional performance. Wall was named president, Canada; Rijk, senior vice president and managing director, Europe; and Holm, vice president and managing director for Asia.

Reporting structures will transition in the coming weeks. The new regional leaders will oversee sales, operations, field marketing and support functions, with full profit and loss and cash-flow responsibilities in their respective regions. The company will initiate a search for the role of president for U.S. and Latin America.

Ritchie Bros. also named Jim Barr group president, emerging businesses, brand innovation and technology services. Barr will oversee EquipmentOne, Ritchie Bros. Financial Services and the company’s marketing and information technology departments. He will also be responsible for developing new revenue channels through complementary products and services. Barr was most recently executive vice president and chief digital officer at OfficeMax.

“Our new regional structure, with its clear lines of accountability and performance focus, will be foundational in reinvigorating growth through disciplined execution,” said Ravi Saligram.

Ritchie Bros. Auctioneers is headquartered in Vancouver, B.C., Canada.