June 24 (Reuters) - Ritchie Bros. Auctioneers Inc RBA.TO :
* RITCHIE BROS. ANNOUNCES SUCCESSION PLAN
* RITCHIE BROS. AUCTIONEERS INC - RAVI SALIGRAM TO STEP DOWN AS CHIEF EXECUTIVE OFFICER AND DIRECTOR
* RITCHIE BROS. AUCTIONEERS INC - COMPANY HAS COMMENCED A SEARCH FOR HIS SUCCESSOR
* RITCHIE BROS. AUCTIONEERS INC - SALIGRAM WILL STEP DOWN FROM HIS POSITIONS EFFECTIVE OCTOBER 1, 2019.
* RITCHIE BROS. AUCTIONEERS - ENGAGED AN EXECUTIVE SEARCH FIRM TO ASSIST IN SEARCH PROCESS, WHICH WILL CONSIDER BOTH EXTERNAL AND INTERNAL CANDIDATES.