Tom Fux appointed as CEO of AWR Automotive
Portfolio - People | Jan 31, 2025 | Aim Group
AW Rostamani (AWR) Group, a leading Dubai-based family conglomerate, has appointed Tom Fux as the new CEO of its automotive division, AWR Automotive. The division includes a range of offerings such as the subscription service 'Subscribe Me,' the used car business 'Nxt Cars,' and 'Autotrust,' a multi-service auto care solution. Fux, who brings over 25 years of experience in various sectors of the auto industry, succeeds Michael Ayat, who steps down after a remarkable 34-year tenure but will remain as a board advisor. AWR Automotive serves over 155,000 customers per year, and the broader AWR Group employs more than 3,000 staff across multiple industries including automotive, real estate, logistics, agritech, and lifestyle.
Sectors
- Automotive
- Executive Recruitment
Geography
- United Arab Emirates – AW Rostamani (AWR) Group is based in Dubai, making the United Arab Emirates the relevant geography.
Industry
- Automotive – The article discusses AWR Automotive's appointment of a new CEO, making the automotive industry highly relevant.
- Executive Recruitment – The focus on the appointment of Tom Fux as CEO highlights the role of executive recruitment within the AWR Automotive sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| AW Rostamani Group | Parent Company | Company | A leading Dubai-based family conglomerate with diverse business interests, including automotive. |
| AWR Automotive | Target | Company | A division of AW Rostamani Group, involved in automotive services. |
| Tom Fux | New CEO | Person | Appointed as the new CEO of AWR Automotive, bringing extensive industry experience. |
| Michael Ayat | Outgoing CEO | Person | Outgoing CEO of AWR Automotive who served for 34 years and will remain as a board advisor. |