RPM Automotive Names Roy Norris as CEO to Lead Strategic Growth

New CEO Brings Depth of Industry Experience

RPM Automotive Group Limited (ASX:RPM) has announced a leadership transition with Roy Norris stepping in as the new Chief Executive Officer. Norris arrives with over 25 years of senior management experience in the automotive and industrial sectors, having held key roles at Goodyear Tyres Australia, Toyota Material Handling Australia, and Continental Tyres Australia. The board expressed confidence that his operational performance and commercial growth expertise position him well to drive RPM's next phase.

Interim CEO Clive Finkelstein Steps Down

Mr. Clive Finkelstein, who took on the CEO role on an interim basis in September 2024, will be stepping down. The board acknowledged his leadership in refining RPM's structure and preparing the company for future growth. His tenure coincided with a challenging period for RPM, including a reported half-year loss and revenue slide earlier this year. The company’s recent $1.6M half-year loss highlighted the need for renewed strategic focus.

Strategic Growth Amid Financial Pressures

RPM has been navigating a tough macroeconomic environment, with revenue down 11% in the first half of FY2026 and delays in key projects such as the tyre recycling initiative. The appointment of Norris signals a commitment to operational turnaround and commercial expansion. His track record in leading respected automotive businesses suggests RPM is prioritising seasoned leadership to execute its strategic vision.

Board’s Confidence in New Leadership

Lawrence Jaffe, RPM’s Chair, praised Norris’s industry understanding and leadership credentials, underscoring the board’s optimism about the company’s direction. While no immediate strategic changes or financial guidance accompanied the announcement, the leadership change invites close attention to upcoming quarterly reports and investor updates to assess the impact of Norris’s stewardship on RPM’s performance.