03:55 PM EDT, 04/02/2026 (MT Newswires) -- NFI Group ( NFYEF ) on said Rob Marion will serve as president of the company's Motor Coach Industries (MCI) unit.

The bus and coach manufacturer said Marion will start his new role immediately, reporting directly to NFI's chief executive, John Sapp.

NFI's former CEO, Paul Soubry, had served as interim president of MCI until his retirement in January of this year.

"Today's announcement represents a natural and strategic time to re-establish MCI as its own dedicated business ... MCI has seen significant market recovery, with the launch of new vehicle models, harmonized production lines, and an expanded service offering. Rob's deep operational experience, long-standing commitment to NFI, and three decades of hands-on operational leadership, with oversight of 10 facilities and over 2,000 team members, make him the ideal person to lead the next chapter of MCI," said Sapp.

Shares of the company were down $0.40 at last look at $18.33 on Toronto Stock Exchange.

Price: 18.27, Change: -0.46, Percent Change: -2.46