Key Highlights

  • RPM announced the resignation of Chief Executive Officer Roy Norris in August 2026.
  • The board has started a search for a new chief executive.
  • RPM plans to strengthen governance through additional independent director appointments.
  • The group remains focused on its Australian automotive aftermarket operations.

RPM Automotive Group Limited (ASX:RPM) is entering another phase of strategic review after announcing the resignation of Chief Executive Officer Roy Norris in August 2026. The board said the Leadership change followed discussions about the company’s future development and confirmed that a search for a new CEO would begin.

Governance Is Part of the Reset

Alongside the executive search, RPM has indicated that it intends to strengthen governance through the appointment of additional independent directors. The move places board composition and strategic oversight alongside operating performance as priorities for the group.

Automotive Aftermarket Platform Remains the Core Business

RPM operates in the Australian automotive aftermarket, with activities spanning wholesale distribution and retail of tyres, automotive parts and accessories. The company has previously invested in operational optimisation, product expansion and initiatives such as tyre recycling, while seeking to improve returns across the broader business.

What Could Come Next for RPM?

RPM shares were recently trading at AUD 0.013, valuing the company at around AUD 3.54 million. The appointment of a new CEO, changes to board composition and the next financial update will be important in setting the direction of the business. Investors will be looking for clarity on operating priorities, cash generation and how the company intends to use its established automotive distribution footprint.