NFI Announces Chief Financial Officer Transition

Yesterday, we announced that Brian Dewsnup has been appointed as Executive Vice President and Chief Financial Officer (“CFO”) of NFI, effective March 1, 2024. Brian succeeds Pipasu Soni who has served as NFI's CFO since 2020.

Brian has held several positions with NFI, since joining in 2013, most recently as President of NFI Parts and ARBOC. In this role Brian played an instrumental role in consolidating numerous aftermarket businesses into one parts business, grew revenue, combined distribution facilities, improved margins, and lowered overall costs.

A search for Brian’s successor as President of NFI Parts and ARBOC is in progress.

“I’m very excited to have Brian become our next Chief Financial Officer,” said NFI President and Chief Executive Officer Paul Soubry. “As a former CFO, business development executive and President of two of NFI’s subsidiaries, Brian has extensive knowledge of our company, customers, products and markets and is uniquely qualified for this role. I look forward to working directly with Brian as we increase production rates, capitalize on our record backlog, focus on cash generation and deliver to our 2024 and 2025 financial targets.”

Read the full press release here.

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