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UPDATE 1-Newell Brands hires Ritchie Bros top boss Ravi Saligram as CEO -WSJ

(Recasts, adds former CEO details, background)

July 30 (Reuters) - U.S. household goods maker Newell Brands Inc has hired Ravi Saligram, the outgoing Chief Executive Officer of Ritchie Bros Auctioneers, as its next CEO, the Wall Street Journal reported https://on.wsj.com/314dGy0 on Tuesday.

Saligram will assume the role on Oct. 2, the Journal reported. Newell's move comes almost a month after industrial auctioneer Ritchie Bros said Saligram would step down effective Oct. 1.

Newell, the owner of Elmer's glue and Crock Pot cooker, is currently led by its Chief Financial Officer Christopher Peterson, who was appointed as interim chief executive in late June.

Peterson succeeded former Newell CEO Michael Polk, who retired at the end of June.

The Hoboken, New Jersey-based Newell has been divesting its non-core businesses after more than doubling in size following its 2016 acquisition of Jarden Corp and announced the sale of its Processing Solutions business to private equity firm One Rock Capital Partners LLC for about $500 million in March.

Newell Brands and Saligram did not immediately respond to requests for comment on the matter. (Reporting by Philip George in Bengaluru; editing by Gopakumar Warrier)