Ritchie Bros. announced that Karl Werner, President, International will transition out of the company to pursue personal interests, effective March 31. As a result of Werner's departure, Kari Taylor, President, North America Sales, will take on the newly created position of Chief Revenue Officer to focus on driving sales growth globally.

"We want to thank Karl for his 25 years at Ritchie Bros. During his tenure Karl has been a champion for our customers and has driven value across the organization. We thank him and wish Karl all the best as he embarks on the next chapter," said Ann Fandozzi, Chief Executive Officer. "We are confident that under Kari's leadership the global sales force will continue to thrive and keep our customers at the forefront."