Meet Armstrong’s new CFO

Armstrong’s, one of the largest privately owned groups of automotive brands in New Zealand, has unveiled Brian Fouhy as its new chief financial officer. 

He fills the role vacated in August by Troy Kennedy after the latter was appointed as the company’s chief executive officer.

“Brian possesses a unique set of skills combining transport and listed-company experience that will benefit Armstrong’s as we embark on the next phase of growth and development,” says Kennedy.

Fouhy, pictured, comes into the position with more than 30 years’ experience across senior commercial finance and chartered accounting roles.

He says: “After starting my career at KPMG in Wellington and London, I have worked in the transport sector in New Zealand for more than two decades, specifically with Airwork Holdings and KiwiRail Group. I’m 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.”

Fouhy started at Armstrong’s on August 17 with the country being placed into lockdown that evening. 

“I quickly came to realise that, thanks to a well-established business processes and highly capable leadership team, Armstrong’s adapted quickly to the challenges,” he says.

“It has been heartening to meet the wider team, albeit mostly online. 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 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.”