Ritchie Bros. Auctioneers Incorporated announced that Sharon Driscoll, Chief Financial Officer of Ritchie Bros., has advised the Company that she intends to retire within two years. As part of an effective succession process, Driscoll will continue to serve as CFO until the company appoints her successor and will then assume a role as an Executive Vice President serving as an advisor to Ritchie Bros.’ CEO.

The company will initiate a search to identify Driscoll’s successor.

“Since joining in 2015, Sharon has been an invaluable part of the leadership team and I want to thank her for her contribution and dedication to Ritchie Bros. Sharon has helped place Ritchie Bros. on firm financial footing and her expertise has ensured that Ritchie Bros had the financial flexibility to not only weather a global pandemic, but also allow us the financial flexibility to accelerate growth,” said Ann Fandozzi, Chief Executive Officer.

“It has been a unique privilege to be part of the Ritchie Bros. family for the past six years and I am very proud of what we have been able to accomplish together,” said Driscoll. “Having turned 60 this past month and looking forward to retirement, I am fully committed to a successful and seamless transition and will continue my role until a successor is appointed and onboarded. I want to thank our management team, our board and all my colleagues for their support. I know following the transition I will leave Ritchie Bros. in excellent hands as we continue to execute against our longer-term strategy of becoming a Global Trusted Marketplace for commercial assets.”