VALCOURT, QC, Sept. 26, 2022 /PRNewswire/ – BRP Inc. (TSX: DOO) (NASDAQ: DOOO) confirms two new roles as a part of the manager management crew. In May, the Company stated that’s was actively on the lookout for a seasoned chief to go its info applied sciences. Today, the Company declares the appointment of Stéphane Bilodeau as Chief Information Officer efficient October 11th.
Mr. Bilodeau will lead info applied sciences and evolve techniques to help the Company’s business transformation and imaginative and prescient, and can report back to José Boisjoli, President and CEO. He will probably be chargeable for Information Systems & Technology (IS&T) together with cybersecurity, packages and knowledge.
Over the years, Mr. Bilodeau has held senior management positions and headed IT governance and business relationship actions, in addition to managed industrial actions. Since 2017, he was CIO at BDC.
BRP additionally declares the creation of a brand new business unit that will probably be referred to as the Low Voltage & Human Assisted Group (LVHA) and can give attention to new product classes. The group will probably be led by Minh Thanh Tran, who’s appointed Executive Vice-President, Corporate Strategy & LVHA Group. As a part of his new position, Mr. Tran will proceed to supervise the BRP international company technique which additionally consists of M&A actions and business growth.
Last June throughout its Analyst Day, BRP had confirmed it was exploring new addressable markets collectively evaluated at over $70 billion. With the acquisitions of Pinion GmbH and Great Wall Motor Austria GmbH, and the anticipated acquisition of the Shawinigan powersports operations of Kongsberg Inc., BRP is poised to enter untapped product classes that overlap leisure, city mobility and companies with game-changing low voltage and human assisted merchandise.
CAUTION CONCERNING FORWARD-LOOKING STATEMENTS
Certain info included on this launch, together with statements referring to the completion of the transaction to accumulate the Shawinigan operations of Kongsberg Inc., the anticipated advantages related to the completion of this acquisition and people of Pinion GmbH and Great Wall Motor Austria GmbH, the Company’s business and strategic plans, and different statements that aren’t historic details, are “forward-looking statements” throughout the that means of Canadian and United States securities legal guidelines. Forward-looking statements are sometimes recognized by way of terminology resembling “may”, “will”, “would”, “should”, “could”, “expects”, “forecasts”, “plans”, “intends”, “trends”, “indications”, “anticipates”, “believes”, “estimates”, “outlook”, “predicts”, “projects”, “likely” or “potential” or the unfavorable or different variations of those phrases or different comparable phrases or phrases. Forward trying statements, by their very nature, contain inherent dangers and uncertainties and are primarily based on a number of assumptions, each normal and particular. BRP cautions that its assumptions could not materialize and that present financial circumstances render such assumptions, though cheap on the time they have been made, topic to larger uncertainty. Such forward-looking statements are usually not ensures of future efficiency and contain identified and unknown dangers, uncertainties and different components which can trigger the precise outcomes or efficiency of BRP to be materially totally different from the outlook or any future outcomes or efficiency implied by such statements. Further particulars and descriptions of those and different components are disclosed in BRP’s annual info kind dated March 24, 2022. The forward-looking statements contained on this press launch are made as of the date of this press launch, and the Company has no intention and undertakes no obligation to replace or revise any forward-looking statements to replicate future occasions, adjustments in circumstances, or adjustments in beliefs, until required by relevant securities rules. In the occasion that the Company does replace any forward-looking statements contained on this press launch, no inference must be made that the Company will make further updates with respect to that assertion, associated issues or another forward-looking assertion. The forward-looking statements contained on this press launch are expressly certified by this cautionary assertion.
About BRP
We are a worldwide chief on this planet of powersports merchandise, propulsion techniques and boats constructed on 80 years of ingenuity and intensive client focus. Our portfolio of industry-leading and distinctive merchandise consists of Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft and pontoons, Can-Am on and off-road automobiles, Alumacraft and Quintrex boats, Manitou pontoons and Rotax marine propulsion techniques in addition to Rotax engines for karts and leisure plane. We full our traces of merchandise with a devoted elements, equipment and attire portfolio to totally improve the using expertise. With annual gross sales of CA$7.6 billion from over 120 nations, our international workforce consists of shut to twenty,000 pushed, resourceful folks.
Ski-Doo, Lynx, Sea-Doo, Can-Am, Rotax, Alumacraft, Manitou, Quintrex, and the BRP emblem are emblems of Bombardier Recreational Products Inc. or its associates. All different emblems are the property of their respective homeowners.
SOURCE BRP Inc.
