NFI Group Inc., a leading global bus manufacturer, recently announced a significant change in the company’s leadership. Effective from next year, the company’s long-standing CEO, Paul Soubry, will be retiring, and an executive from Eaton Corporation has been named as his successor. This decision comes after Soubry’s successful tenure of 16 years with the company.

Paul Soubry’s Remarkable Leadership at NFI Group

Paul Soubry has been at the helm of NFI Group Inc. for the past 16 years. During his tenure, Soubry exhibited exemplary leadership, guiding the company through numerous milestones and significant growth. Under his leadership, the company expanded its global footprint and solidified its position as a leading player in the bus manufacturing industry.

Retirement Announcement and Succession Plan

The company recently announced that Soubry would be retiring at the end of the year. The board of NFI Group expressed their gratitude towards Soubry for his dedicated service and contributions to the company’s success. They also expressed their confidence in the chosen successor to continue the company’s upward trajectory.

Eaton Executive to Take Over the Reins

Following Soubry’s retirement, a seasoned executive from Eaton Corporation has been named as the next CEO. The successor, who has been with Eaton Corporation for many years, brings a wealth of experience and a proven track record of success. The board believes that his experience, expertise, and leadership will be instrumental in driving the company’s future growth.

Looking Forward to a Continuation of Success

As NFI Group Inc. ushers in a new era of leadership, stakeholders are hopeful for a continuation of the company’s successful growth trajectory. The incoming CEO’s experience and expertise are expected to steer the company towards new milestones and achievements.

A Note of Assurance

Throughout this transition, NFI Group Inc. assures its shareholders, employees, and partners that the company’s focus will remain on delivering quality products and services to clients across the globe. The company is committed to maintaining its industry-leading position and continuing to contribute positively to the global transportation industry.

Ethan Radcliffe

Ethan Radcliffe is a senior reporter and digital editor at The Toronto Insider, specializing in Canadian federal policy, GTA urban development, and national economic trends. With over a decade of experience in North American journalism, Ethan focuses on translating complex legislative and economic developments into clear, accessible reporting for Canadian readers. Ethan’s work emphasizes policy analysis, government accountability, and data-driven reporting, with a strong focus on how federal and provincial decisions impact communities across the Greater Toronto Area and beyond. He has covered infrastructure planning, housing policy, fiscal strategy, and regulatory changes affecting Canadian households and businesses. A graduate of Toronto Metropolitan University’s School of Journalism, Ethan brings expertise in investigative reporting, long-form analysis, editorial standards, and digital publishing best practices. His reporting is guided by verifiable sources, public records, and transparent sourcing. In addition to reporting, Ethan has experience in newsroom editing, fact-checking workflows, SEO-informed journalism, and audience analytics, ensuring stories meet both editorial integrity standards and modern digital discoverability requirements. Ethan is committed to objective, fact-driven journalism and adheres to established ethical guidelines, prioritizing accuracy, clarity, and public trust in all reporting.

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