Ritchie Bros appoints Ann Fandozzi as chief executive officer

Previously, Fandozzi was the CEO of vehicle repair company ABRA Auto Body & Glass from 2016 to 2019

Ritchie Bros appoints Ann Fandozzi as chief executive officer
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Ritchie Bros appoints Ann Fandozzi as chief executive officer

NYSE-listed industrial auctioneer and used-equipment seller Ritchie Bros Auctioneers has appointed Ann Fandozzi as its chief executive officer and on the company’s board of directors, effective 6 January, 2020.

Fandozzi was the CEO of vehicle repair company ABRA Auto Body & Glass from 2016 to 2019, prior to which she was the CEO of vRide, a carpooling platform that works with private and public employers.

Fandozzi has also worked with brands such as Ford Motor Company, McKinsey & Company, Lockheed Martin Corporation, Whirlpool, and Sears/Kenmore.

Commenting on the appointment, chair of the board at Ritche Bros, Bev Briscoe, said:  “Ann is an exceptional leader with a proven track record of designing and executing winning strategies and driving profitable growth. She brings a strong customer focus, deep experience in technology, and outstanding management capabilities that will further Ritchie Bros’ strategic transformation as a multi-channel, technology-enabled global business.”

Briscoe added: “We would like to thank Sharon Driscoll, chief financial officer, and Karl Werner, president, International, for their commitment and oversight as co-CEOs during the interim period and for all their contributions to the company. By ensuring that Ritchie Bros. maintained its momentum, the board was able to conduct a thoughtful, robust process that led to the recruitment of the right executive to lead the company forward.”

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