Ritchie Bros. Auctioneers CEO Ravi Saligram's 2018 pay jumps 22% to $5M
Ritchie Bros. Auctioneers reports 2018 executive compensation
By ExecPay News
Published: March 27, 2019
Ritchie Bros. Auctioneers reported fiscal year 2018 executive compensation information on March 27, 2019.
In 2018, six executives at Ritchie Bros. Auctioneers received on average a compensation package of $2M, a 12% decrease compared to previous year.
Average pay of disclosed executives at Ritchie Bros. Auctioneers
Ravi K. Saligram, Chief Executive Officer, received $5M in total, which increased by 22% compared to 2017. 27% of Saligram's compensation, or $1.4M, was in stock awards. Saligram also received $1.1M in non-equity incentive plan, $1.4M in option awards, $1M in salary, as well as $173K in other compensation.
Sharon Driscoll, Chief Financial Officer, received a compensation package of $1.7M, which increased by 33% compared to previous year. 27% of the compensation package, or $457K, was in stock awards.
Jim Barr, Group President, earned $1.5M in 2018, a 19% decrease compared to previous year.
Todd Wohler, Chief Human Resources Officer, received $1.2M in 2018.
Karl Werner, President, International, earned $1.2M in 2018.
Jeff Jeter, President, Sales U.S, received $1.1M in 2018, which decreases by 41% compared to 2017.
Related executives
Ravi Saligram
Ritchie Bros. Auctioneers
Chief Executive Officer
Sharon Driscoll
Ritchie Bros. Auctioneers
Chief Financial Officer
Jeff Jeter
Ritchie Bros. Auctioneers
President, Sales U.S
Karl Werner
Ritchie Bros. Auctioneers
President, International
Todd Wohler
Ritchie Bros. Auctioneers
Chief Human Resources Officer
Jim Barr
Ritchie Bros. Auctioneers
Group President
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Source: SEC filing on March 27, 2019.