RPM Automotive Sets Performance-Focused Pay for New CEO Roy Norris

RPM Automotive Group Ltd. ( (AU:RPM) ) has shared an announcement.

RPM Automotive Group has detailed the remuneration package for incoming chief executive Roy Norris, who will formally assume the role on 27 April 2026 on an ongoing, no fixed-term basis. His total fixed remuneration is set at $268,800 including statutory benefits, supplemented by a short-term incentive opportunity equal to 75% of fixed pay and a long-term incentive opportunity equal to 100% of fixed pay, both at the board’s discretion, with a three-month notice period applying to termination by either party, underscoring the board’s commitment to performance-linked leadership as it continues to grow its national aftermarket footprint.

The package structure, with substantial at-risk short- and long-term components, signals a focus on aligning executive rewards with shareholder outcomes and the company’s strategic expansion plans. The relatively modest fixed salary paired with meaningful incentive upside may help manage fixed costs while motivating the new CEO to drive operational performance, brand growth and market share in the competitive automotive aftermarket space, providing clarity and stability for investors and staff around the leadership transition.

More about RPM Automotive Group Ltd.

RPM Automotive Group Limited operates in the automotive aftermarket sector, expanding its national footprint through business units that sell wheels, tyres, accessories and apparel to both wholesale and retail customers. The company’s key brands include Revolution Tyre Services, Revolution Racegear and RPM Autoparts, positioning it as a diversified player in Australia’s vehicle service and performance market.

Average Trading Volume: 697,683

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$7.08M

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