The construction equipment industry is seeing leadership shake-ups as Peter J. Blake, who transformed Ritchie Bros. Auctioneers into a global player with 44 operations in 25 countries, and $3.8 billion in sales in 2013, exits in July after 23 years with the company, including a decade as CEO.
Named as his successor is Ravi Saligram, former president and CEO of OfficeMax.