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RPM Automotive Group Ltd. ( (AU:RPM) ) has issued an update.
RPM Automotive Group Limited, a leading player in the Australian automotive aftermarket, is reshaping its leadership as it continues to build a national network across tyre, wheel, accessory and apparel brands serving wholesale and retail customers. Its portfolio, anchored by Revolution Tyre Services, Revolution Racegear and RPM Autoparts, positions the group to capture growth in both mainstream and specialist automotive segments.
The company announced that interim chief executive Clive Finkelstein will step down, with seasoned industry executive Roy Norris appointed as the new CEO. With more than 25 years’ experience at Goodyear Tyres Australia, Toyota Material Handling Australia and Continental Tyres Australia, Norris is expected by the board to drive RPM’s next phase of operational improvement and growth, consolidating recent structural refinements and signalling a focus on execution of its strategic vision.
More about RPM Automotive Group Ltd.
RPM Automotive Group Limited operates in the Australian automotive aftermarket, selling wheels, tyres, accessories and apparel through both wholesale and retail channels. The company is expanding its national footprint with key brands including Revolution Tyre Services, Revolution Racegear and RPM Autoparts, targeting a broad base of automotive consumers and performance enthusiasts.
Average Trading Volume: 697,683
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$7.08M
Find detailed analytics on RPM stock on TipRanks’ Stock Analysis page.