NexaMotion Group Appoints New CFO Paul DeSiero to Lead Financial Strategies

NexaMotion Group Welcomes Paul DeSiero as CFO

NexaMotion Group (NMG) has recently strengthened its executive team by appointing Paul DeSiero as the new Chief Financial Officer. DeSiero, who has an extensive background in finance and corporate strategy, particularly within the automotive aftermarket sector, is anticipated to be a driving force in the company's financial planning and strategic direction.

With more than 20 years of experience under his belt, DeSiero previously held significant positions at Dealer Tire and SimpleTire. His track record in overseeing financial operations and driving corporate growth makes him an exceptional asset for NMG, especially as the company positions itself for future expansion in a competitive market.

According to NMG’s CEO, Neil Sethi, the company is excited to have DeSiero onboard. Sethi emphasized, “Paul brings a wealth of knowledge and a proven track record. We couldn't be more excited to welcome him to NMG, where he'll work closely with our team to drive our growth initiatives.” His role will encompass a wide range of responsibilities, including overseeing finance, accounting, treasury, financial planning and analysis (FP&A), and tax functions.

DeSiero's contribution will not be limited to managing financial operations. He will also be pivotal in leading the company's mergers and acquisitions and IT departments in 2025. This is a critical aspect of NMG's strategy, as the firm aims to streamline complex vehicle repair processes for its customers, thereby enhancing service delivery and operational efficiency.

As NMG prepares for what they describe as an exciting phase of growth and innovation, DeSiero’s expertise is expected to complement the existing leadership team. He will succeed Joe Levanduski, who plans to retire at the end of the year. This transition in leadership marks a significant step in NMG's journey to solidify its market position within the automotive aftermarket industry.

NexaMotion Group is focused on simplifying complex vehicle repair to ensure fluid operations within the automotive sector. With nearly five decades at the forefront of the industry, NMG integrates a robust network of partnerships and resources across more than 100 locations, demonstrating their commitment to innovation and customer satisfaction.

In summary, Paul DeSiero’s arrival at NexaMotion Group signifies a crucial direction for the company as they seek to navigate the challenges and opportunities within the aftermarket landscape. As the automotive industry continues to evolve, the leadership team at NMG remains dedicated to leveraging its resources for sustained growth and enhanced customer experiences. DeSiero's extensive knowledge will guide these efforts as the company embarks on its next chapter of strategic advancement and operational excellence.