InvestSMART

RPM Automotive Group Limited (ASX:RPM)

ALERT: Price-sensitive ASX Announcement for RPM
Current share price for RPM : $0.012 -0.004 (-25%)+
Release
10 Aug 2026 5:17PM
Price at Release
$0.016
Full Release
download
Summary
RPM Automotive Group Limited announced the resignation of its Chief Executive Officer, Roy Norris, effective 7 August 2026. The resignation follows discussions with the Board about the company's leadership and future development plans. It was mutually agreed that a leadership transition would be beneficial for the company's strategic direction. The Board will start a search for a new CEO and plans to enhance governance by appointing additional independent directors. RPM Automotive Group is a key player in the Australian automotive aftermarket sector.
Key Points
  • Roy Norris, the CEO of RPM Automotive Group Limited, has resigned.
  • The resignation is effective from Friday, 7 August 2026.
  • The decision was made after discussions with the Board regarding the company's leadership and future development.
  • The Board and Roy Norris mutually agreed that this change is best for the company's future.
  • An extensive search for a new CEO will commence.
  • RPM plans to enhance its governance by appointing additional independent directors.
  • RPM Automotive Group operates in the automotive aftermarket sector in Australia.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.