Management Change at Ritchie Bros.

Ritchie Bros . Auctioneers, Inc., Vancouver, BC said that Terry Dolan, president of the company’s U.S. and Latin America operations will be leaving the company effective December 31 , 2016. Ravi Saligram , chief executive officer, will serve as interim president for the United States and Latin America until further notice. The company said it intends to review its senior executive leadership structure in connection with its recently announced acquisition of IronPlanet, which is expected to close by the end of the second quarter of 2017.

The company also announced the appointment of Rob Whitsit , a former senior vice president of Ritchie Bros., as a senior advisor to Saligram during the interim period.