8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report: June 30, 2016

(Date of earliest event reported)

Ritchie Bros. Auctioneers Incorporated
(Exact Name of Registrant as Specified in Its Charter)

Canada	001-13425	N/A
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification)

9500 Glenlyon Parkway, Burnaby, British Columbia, Canada V5J0C6
(Address of principal executive offices) (Zip Code)

(778) 331-5500
(Registrant’s Telephone Number, Including Area Code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a -12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 30, 2016, the Board of Directors (the “Board”) of Ritchie Bros. Auctioneers Incorporated (the “Company”) resolved to increase the size of the Board from seven to eight directors and has appointed Sarah Raiss as a director of the Company to fill the resulting vacancy, effective July 1, 2016. The Board has appointed Ms. Raiss to serve on the Compensation Committee of the Board. There was no arrangement or understanding pursuant to which Ms. Raiss was appointed as a director, and there are no relationships between Ms. Raiss and the Company that would require disclosure under Item 404(a) of Regulation S-K.

Ms. Raiss will participate in the Company’s standard director compensation program. The program generally in effect for the current fiscal year ending December 31, 2016 is described in “Non-Executive Director Compensation” in the Company’s proxy statement for its 2016 Annual and Special Meeting of Shareholders filed with the Securities and Exchange Commission on April 1, 2016.

The Company issued a press release on June 30, 2016 announcing the appointment of Ms. Raiss. The press release is attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit Number	Description
99.1	Press release dated June 30, 2016

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: June 30, 2016	Ritchie Bros. Auctioneers Incorporated
	By:	/s/ Darren Watt
		Darren Watt
		General Counsel & Corporate Secretary

EXHIBIT INDEX

Exhibit Number	Description
99.1	Press release dated June 30, 2016

EX-99.1

Exhibit 99.1

  News Release

Sarah Raiss joins Ritchie Bros.’ Board of Directors

VANCOUVER, June 30, 2016 – Ritchie Bros., the world’s largest industrial auctioneer (NYSE & TSX: RBA), is pleased to announce that Sarah Raiss has been appointed as a director on its Board of Directors, effective July 1, 2016.

Commenting on Ms. Raiss’ appointment, Bev Briscoe, Chair of Ritchie Bros.’ board said: “We are very pleased to welcome Sarah as a director. Her governance expertise, global company experience and strong HR and IT leadership adds important breadth and valued perspective to our board, as does her deep understanding of many sectors Ritchie Bros. caters to.”

Sarah is a seasoned corporate director, with board experience at many public companies. Sarah is currently a corporate director at Loblaw Companies (a leading Canadian grocery and pharmacy company), Commercial Metals Company (a steel and metal manufacturer), and Vermilion Energy (an international oil and gas producer). At Loblaw Companies, Sarah is a member of the board’s Governance and Human Resources Committee, and the Pension Committee. At Commercial Metals Company, Sarah Chairs the Compensation Committee and is a member of the Governance Committee. And at Vermilion Energy, she sits on the Governance and Human Resources Committee, and the Health Safety and Environment Committee.

Sarah is a former Chair of the Alberta Electric System Operator, a past director of Shoppers Drug Mart – where she was a member of the Human Resources and Compensation Committee, and a past director of Canadian Oil Sands – where she chaired the Governance and Human Resources Committee and was a member of the Audit Committee. Sarah is also a past director of the Business Development Bank of Canada, where she chaired the Human Resources Committee and was a member of the Governance Committee and Audit Committee; and was a director at Microplanet Technology. Sarah has also been a director for many not-for-profit organizations.

Sarah retired from TransCanada Corporation (a developer and operator of North American energy infrastructure) in 2011, where she was Executive Vice President of Corporate Services, and was responsible for human resources; information systems; aviation, building and office services; real estate; organizational excellence; communications; branding; and, health and wellness. She holds a bachelors of Science in Applied Mathematics and an MBA from the University of Michigan.

About Ritchie Bros.
Established in 1958, Ritchie Bros. (NYSE and TSX: RBA) is the world’s largest industrial auctioneer, and one of the world’s largest sellers of used equipment for the construction, transportation, agriculture, energy, mining, forestry and other industries. Ritchie Bros.^TM asset management and disposition solutions include live unreserved public auctions with on-site and online bidding; EquipmentOne^TM, an online auction marketplace; Mascus, a global online equipment listing service; private negotiated sales through Ritchie Bros. Private Treaty; and a range of ancillary services, including financing and leasing through Ritchie Bros. Financial Services. Ritchie Bros. has operations in 19 countries, including 44 auction sites worldwide. Learn more at rbauction.com, EquipmentOne.com, mascus.com, rbauction.com/privatetreaty and rbauction.com/financing.

For more information, please contact:

Jamie Kokoska

Director, Investor Relations

Phone: 778 331 5500

Email: jkokoska@rbauction.com

Darren Watt

Corporate Secretary

Phone: 778 331 5500

Email: ir@rbauction.com