He replaces Troy Kennedy, who has become the group’s chief executive officer.

Mr Fouhy was previously the interim chief financial officer of the Abano Healthcare Group in Auckland.

Prior to that position, he was an audit manager for KPMG in London and Wellington before becoming financial officer for Tranz Rail and Toll NZ, both now known as KiwiRail.

Mr Fouhy has more than 30 years’ experience in his finance career after completing a bachelor of commerce and administration at the Victoria University of Wellington and becoming a chartered accountant.

Mr Kennedy said Mr Fouhy “possesses a unique set of skills combining transport and list-company experience that will benefit Armstrong’s as we embark on the next phase of growth and development”.

Mr Fouhy said he was “excited to now join Armstrong’s and enter the world of automotive”.

“Armstrong’s is a genuine, founder-led success story. It’s inspiring to work alongside an entrepreneur like Rick Armstrong as the company strives for greater growth and diversification.”

Of the COVID-19 lockdown and its effect on the business, Mr Fouhy said: “I quickly came to realise that, thanks to well-established business processes and a highly-capable leadership team, Armstrong’s adapted quickly to the challenges.

“It’s an organisation where people truly live the company’s mission and values on a daily basis – passionate about cars, driven by people.

“That passion breeds positivity and contributes to a vibrant workplace with clearly-defined goals and objectives.

“I have every confidence that 2022 will prove to be a significant year for Armstrong’s, not only with ambitious growth strategies but also embracing the needs of an evolving industry.”

By Neil Dowling