AFTERMARKET supplier RPM Automotive Group Limited (RPM) has announced changes to its non-executive team with Lawrence Jaffe moving from non-executive director to non-executive chair, succeeding Grant Carman who will remain on the board as a non-executive director.
Mr Jaffe is a co-founder of RPM and a major shareholder with more than 25 years of experience in the automotive sector.
He served as CEO of RPM Australasia until 2015 when the group completed the sale of its largest subsidiaries.
Mr Jaffe then became non-executive chair until the company listed, before rejoining the executive team.
RPM describes him as having extensive expertise in finance coupled with a proven track record of building and scaling businesses, demonstrating robust business acumen and has a history of successfully navigating the complexities of financial landscapes, contributing to the growth and development of substantial enterprises.
Announcing the board changes, RPM managing director and CEO Clive Finkelstein said it was a refresh that “signifies the company’s transition as it matures into a new era of leadership”.
He added that the boardroom shift would build on “the revitalisation of the senior executive team with the appointment of Guy Nicholls as executive director and chief operating officer and Rebecca Payne as chief financial officer”.
“These changes highlight the increased focus on operational excellence as we scale RPM for our next phase of growth.
“The board wishes to thank Grant for his significant contribution as chairman over the past four and a half years and looks forward to his continued support and expertise in his new role as non-executive director of the company”.
RPM comprises a number of businesses involved in importing, wholesaling and retailing of tyres, mechanical repairs, motorsport apparel and safety equipment, niche manufacturing and a roadside assistance service for the transport industry.
Brands controlledby the company include: RPM Racewear, Carline (exhausts), Genie (exhausts), RPM Autoparts, Safety Dave and Max 4×4.
By Peter Barnwell