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RPM Automotive Group appoints new non-executive director

The company is a leading player in the Australian automotive aftermarket comprising wholesaling and retailing of tyres, mechanical repairs, motor-sport apparel and safety equipment.

RPM Automotive Group Ltd - RPM Automotive Group appoints new executive director
RPM was founded in 2013

RPM Automotive Group Ltd (ASX:RPM) has appointed Alex Goodman to the board of directors as a non-executive director.

Goodmas has a strong background in private equity, business expansion of private companies and executive management in global companies such as IBM, Boston-based Lotus and Amdahl in the Silicon Valley.

He has sat on several boards which included activities such as investment management and mergers and acquisitions and has constructed acquisitions with key investors, including some of Australia’s leading investor families.

“Perfect addition”

RPM co-founder Clive Finkelstein said: “Alex is the perfect addition to the RPM team – his knowledge and understanding of the landscape will be a massive value-add to the RPMAG board.

“His appointment marks the final stage in the complete transformation of the RTO.”

Non-executive director resignation

RPM non-executive director Campbell Welch has resigned as a non-executive director after three years as both chairman and director.

Welch's efforts were instrumental in achieving a successful acquisition and the re-start of trading for RPM on the ASX.

Quick facts: RPM Automotive Group Ltd

Price: 0.275 AUD

ASX:RPM
Market: ASX
Market Cap: $32.87 m
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