Ritchie Bros. Announces Retirement of President

Ritchie Bros. Auctioneers announces the retirement of its president, Rob Mackay, after 28 years of service in many different capacities, all based in the the company's head office in Vancouver, British Columbia. Mackay will transition from day-to-day duties and then retire as an employee on October 31, 2013.

"Rob has contributed very effectively in so many ways to the success and growth of our company," commented Peter Blake, CEO of Ritchie Bros. "He has traveled hundreds of thousands of miles over the past 28 years and devoted his time and energy to help build the Ritchie Bros. global business into the industry leading position we have today. Earlier in the year, Rob took a role on the board of an agricultural equipment dealer with a view to transition to the next phase in his business career.

"We wish Rob the very best for a happy and healthy retirement," Blake added, "and offer him our heartfelt thanks for all he has done to make Ritchie Bros. what we are today."