Corporate Governance
Beverley Briscoe — Chair of the Board

Beverley Briscoe — Chair of the Board

Beverley Briscoe has been a director of Ritchie Bros. for over 10 years and, was appointed Chair of the Board in July 2014. She is also a member of the Nominating and Corporate Governance Committee. Ms. Briscoe has extensive industry experience in the transportation and industrial equipment sectors. From 1997 - 2004 she owned a transportation services company and prior to that was Vice President of Wajax Industries, CFO of the Rivtow Group of Companies and CFO of a number of operating divisions of the Jim Pattison Group. Ms. Briscoe has a Bachelor of Commerce degree from the University of British Columbia, is a Fellow of the Institute of Chartered Accountants and is a Fellow of the Institute of Corporate Directors. Ms. Briscoe is also a director on the board of Goldcorp Inc., where she chairs the Audit committee and is a member of the Environmental Health and Safety Committee. She is the past Chair of the Industry Training Authority for BC and the Past Chair of the BC Forest Safety Council. In 2016, Ms. Briscoe was recognized for her contributions and leadership in corporate governance and named to the 2016 National Association of Corporate Directors ‘Directorship 100', which honors the most influential boardroom leaders each year.

Robert Elton

Robert Elton

Bob Elton was elected to the Ritchie Bros. Board in 2012. He is currently Chair of the Company's Audit Committee and a member of the Compensation Committee. Bob is currently acting as Interim Chief Financial Officer of Vancouver City Savings Credit Union and is also a corporate director and an adjunct professor at the University of British Columbia's Sauder School of Business. Mr. Elton held a number of positions at BC Hydro, a government-owned electric utility, between 2001 and 2009, including President and Chief Executive Officer and EVP Finance and Chief Financial Officer. He was also CFO at Eldorado Gold Corporation from 1996 until 2001 (TSX: "ELD"; NYSE "EGO"; ASX: "EAU"). Bob spent over 20 years with PriceWaterhouseCoopers and predecessor firms, becoming Partner in 1987 before leaving the firm in 1996. He is a Fellow of the Institute of Chartered Accountants in British Columbia and has a Master of Arts degree from Cambridge University, U.K. Bob is a director and chair of a number of not for profit Boards as well as Chair of the Board of Governors of Simon Fraser University. He sits on the advisory board for Nurse Next Door and is a director of Aquatics Informatics Inc.

Erik Olsson

Erik Olsson

Erik Olsson was appointed to the Company's Board in 2013. Mr. Olsson is currently President, Chief Executive Officer and a Director of Mobile Mini, Inc. (NASDAQ-GS: MINI), the world's leading provider of portable storage solutions. Mr. Olsson had previously been President, Chief Executive Officer, and a Director of RSC Holdings, Inc., a premier provider of rental equipment in North America, prior to their acquisition by United Rentals, Inc. in April 2012. Prior to that he served as Chief Financial Officer and Chief Operating Officer of RSC Holdings, Inc. In addition, he held various senior positions in the United States, Brazil, and Sweden in his 13 years with mining equipment maker Atlas Copco AB, an industrial group with world-leading positions in compressors, construction and mining equipment. Erik holds a degree in Business Administration and Economics from the University of Gothenburg. Mr. Olsson is a member of the Compensation Committee.

Eric Patel

Eric Patel

Eric Patel was first elected to the Ritchie Bros. Board in 2004. Mr. Patel has extensive business and financial experience, most recently as CFO of Pembrook Mining Corp. (formerly Paget Resources Corporation), a private mining company that he left in 2010. Prior to that Mr. Patel acted as the CFO of Crystal Decisions, Inc., a privately held software company. Mr. Patel joined Crystal Decisions in 1999 after holding executive level positions, including that of CFO, with University Games, Inc., a privately held manufacturer of educational toys and games. Before 1997, Mr. Patel worked for Dreyer's Grand Ice Cream as Director of Strategy, for Marakon Associates strategy consultants and for Chemical Bank. Mr. Patel sits on the Advisory Board of ACL Services Ltd. and on the board of Daiya Foods Inc. Mr. Patel holds an MBA degree. Mr. Patel is currently Chair of the Company's Compensation Committee and a member of the Audit Committee.

Edward Pitoniak

Edward Pitoniak

Ed Pitoniak was appointed to the Company's Board in 2006. He is currently Chair of the Company's Nominating and Corporate Governance Committee, and a member of the Audit Committee. Mr. Pitoniak is Managing Director of InnVest REIT (TSX:INN.UN), a real estate investment trust holding a large portfolio of hotels in Canada. Prior to that, he was President and CEO of bcIMC Hospitality, a private hotel company. Before joining the predecessor firm of bcIMC Hospitality Group in 2004, Mr. Pitoniak was a Senior Vice-President at Intrawest Corporation for eight years. Prior to Intrawest, Mr. Pitoniak spent nine years with Times Mirror Magazines, where he held both top editorial and advertising positions with Ski Magazine — specifically, editor-in-chief and advertising director. Mr. Pitoniak has a Bachelor of Arts degree. He is a director of Regal Lifestyle Communities Inc. (TSX:RLG).

Sarah Raiss

Sarah Raiss

Sarah Raiss joined Ritchie Bros.' board in July 2016. She is a seasoned corporate director, with board experience at many public companies. Sarah is currently a corporate director at Loblaw Companies (a leading Canadian grocery and pharmacy company), Commercial Metals Company (a steel and metal manufacturer), and Vermilion Energy (an international oil and gas producer). At Loblaw Companies, she is a member of the board's Governance and Human Resources Committee, and the Pension Committee. At Commercial Metals Company, Sarah Chairs the Compensation Committee and is a member of the Governance Committee. And at Vermilion Energy, she sits on the Governance and Human Resources Committee, and the Health Safety and Environment Committee. Sarah is a former Chair of the Alberta Electric System Operator, a past director of Shoppers Drug Mart – where she was a member of the Human Resources and Compensation Committee, and a past director of Canadian Oil Sands – where she chaired the Governance and Human Resources Committee and was a member of the Audit Committee. Sarah is also a past director of the Business Development Bank of Canada, where she chaired the Human Resources Committee and was a member of the Governance Committee and Audit Committee; and was a director at Microplanet Technology. She has also been a director for many not-for-profit organizations. Sarah retired from TransCanada Corporation (a developer and operator of North American energy infrastructure) in 2011, where she was Executive Vice President of Corporate Services, and was responsible for human resources; information systems; aviation, building and office services; real estate; organizational excellence; communications; branding; and, health and wellness. She holds a bachelors of Science in Applied Mathematics and an MBA from the University of Michigan.

Ravi Saligram

Ravi Saligram

Ravi Saligram was appointed Chief Executive Officer (CEO) and a director of Ritchie Bros. in July 2014. Prior to joining Ritchie Bros., Mr. Saligram was CEO, President and a member of the board of directors of OfficeMax Incorporated, (2010 – 2013), an omnichannel provider of workplace products, services and solutions. From 2003 through November 2010, Mr. Saligram served in executive management positions with ARAMARK Corporation, a global food services company, including President of ARAMARK International and Chief Globalization Officer and Executive Vice President of ARAMARK Corporation. From 1994 through 2002, Mr. Saligram served in various capacities for the InterContinental Hotels Group, a global hospitality company, including: President of Brands and Franchise for North America; Chief Marketing Officer and Managing Director, Global Strategy; President, International; and, President, Asia Pacific. Earlier in his career, Mr. Saligram held various general and brand management roles at S.C. Johnson & Son, Inc. in the United States and overseas. Mr. Saligram earned an MBA from the University of Michigan, Ann Arbor, and an electrical engineering degree from Bangalore University, India. Mr. Saligram serves on the board of Church & Dwight Co., Inc., and sits on its Governance Committee.

Christopher Zimmerman

Christopher Zimmerman

Chris Zimmerman was elected to the Company's Board in 2008 and is currently a member of the Company's Nominating & Corporate Governance Committee. Mr. Zimmerman is President and CEO of Business Operations for the St. Louis Blues.  Prior to this, he served as President of Easton Sports, Inc., a designer, developer and marketer of sports equipment and accessories. He resigned in 2009 from the position of President and Chief Executive Officer of Canucks Sports and Entertainment, a sports entertainment company in Vancouver, B.C. Before joining the Canucks organization, Mr. Zimmerman was the President and Chief Executive Officer of Nike Bauer Inc., a hockey equipment company. Prior to this appointment in March 2003, Mr. Zimmerman was General Manager of Nike Golf USA, in Beaverton, Oregon. He joined Nike Golf in 1998 after spending 16 years in a variety of senior advertising positions, including USA Advertising Director for the Nike Brand and Senior Vice President at Saatchi and Saatchi Advertising in New York. Mr. Zimmerman has an MBA degree from Babson College.