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Stock impact report

BRP announces automotive vet Denis Le Vot as new CEO [Yahoo! Finance Canada]

BRP Inc. - Common Subordinate Voting Shares (DOO) 
Le Vot spent 30 years working for French automaker Renault Group SA , where he held positions in marketing, sales and supply chain management. “BRP is a company that distinguishes itself as a leader and has built a strong foundation for future growth,” Le Vot said in a news release. “Its reputation for technological expertise, bold design vision, and market-shaping products is unmatched. I look forward to collaborating with the talented teams to further enhance BRP's customers and dealers' experience, and continue shaping the powersports industry.” The Canadian company, known for its Ski-Doos, Sea-Doos, ATVs and other recreational vehicles, also announced that Pierre Beaudoin would replace Boisjoli as chair of the board, while Barbara Samardzich will maintain her role as lead independent director of the board. Cameron Doerksen, a stock analyst with National Bank , said Le Vot's appointment as chief executive “checks a few important boxes” for BRP, notably his experience in the Show less Read more
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