Ritchie Bros. Auctioneers Names Olsson New Director

Tue June 25, 2013 - National Edition

Ritchie Bros. Auctioneers Incorporated appointed Erik Olsson to the company’s board of directors, effective June 1.

Olsson currently is president, chief executive officer and a director of Mobile Mini Inc., a provider of portable storage solutions. Olsson had been president, chief executive officer, and a director of RSC Holdings Inc., a provider of rental equipment in Canada and the United States, prior to its acquisition by United Rentals Inc. in April 2012. Previously he had 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 industrial equipment maker Atlas Copco AB.

Peter Blake, the company’s chief executive officer and a director remarked: “We are pleased to welcome Erik to our board and are confident that his 25 years of international and executive management experience within the equipment industry will strengthen our ability to deliver shareholder value.”

Coincident with the appointment of Olsson, the company’s board of directors increased the total number of directors of the company from seven to eight.

For more information, visit rbauction.com.