Management
NFI Announces CEO Transition

NFI · Price
Executive Summary
- NFI Group Inc. announced that John Sapp will assume the role of President and CEO effective January 1, 2026, succeeding retiring founder‑CEO Paul Soubry.
- The Board highlighted Sapp’s extensive aerospace and industrial experience (Eaton Aerospace, Collins Aerospace, GE Aviation) as a catalyst for the next phase of operational execution and growth.
- Paul Soubry will step down from the Board on the same date but will remain in an advisory capacity for one year to ensure a smooth transition.
Key Details
- Appointment: John Sapp appointed President & CEO, effective 2026‑01‑01; will also join the Board of Directors on that date.
- Retirement: Paul Soubry retires after 16 years as CEO (2009‑2025) and will leave the Board, continuing in an advisory role through 2026.
- Background of John Sapp:
- President, Eaton Aerospace division (since 2023) – led a global team of >12,000 employees; delivered record revenue & operating profit in 2025.
- Former Vice President & General Manager, Collins Aerospace; previously VP, Commercial Aftermarket Sales and Support.
- Over 11 years at GE Aviation in sales and commercial programs.
- U.S. Air Force F‑15 fighter pilot and instructor; graduate of the U.S. Air Force Academy; MBA from NYU.
- Board Process: Appointment resulted from a global search overseen by the Board’s Human Resources, Compensation & Governance Committee with assistance from a leading third‑party executive recruitment firm.
- Strategic Focus (per Sapp): Enhancing customer experience, improving operational performance, driving growth, and creating stakeholder value.
- Company Context: Under Paul Soubry, NFI grew to a $13 billion backlog, expanded globally, and launched numerous new products/services across bus and coach platforms.
Notable Quotes
- “We are thrilled to announce John as NFI’s new CEO,” – Colin Robertson, Board Chair.
- “Our focus … will be on enhancing the customer experience, improving operational performance, driving growth, and creating value for all stakeholders,” – John Sapp, incoming President & CEO.
- “It has been an honor… to lead NFI over the past 16 years… we’ve grown into a global player with a $13 billion backlog,” – Paul Soubry.
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Jun 01, 2026 · 07:00