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Stock impact report

As trade clouds loom, departing BRP CEO says Ski-Doo maker's future lies overseas [Yahoo! Finance Canada]

BRP Inc. - Common Subordinate Voting Shares (DOO) 
MONTREAL — The call came on a Monday. In Salt Lake City in August 2022, BRP Inc. chief executive José Boisjoli was hosting his first in-person gathering with dealership owners since the COVID-19 pandemic, when the nightmare of every CEO became reality: a cyberattack. “We had 3,500 people, dealers coming from everywhere,” Boisjoli recalled in a video chat ahead of his retirement at the end of this month. Within hours, he had ordered the shutdown of all 12 BRP factories along with every corporate computer in a crisis that paralyzed the company and consumed him for two weeks before a gradual return to production of Ski-Doos, Sea-Doos and all-terrain vehicles. “It affects the customers who are waiting for the product ... It affects your dealers, it affects your suppliers because they cannot ship. It affects the employees — they want to know when they'll be back to work,” he said. “I still feel the pain when I talk about this.” Guided by “good governance” and an on-call cybersec Show less Read more
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