- Vision Marine Technologies Inc VMAR has appointed Xavier Montagne, its Chief Technology Officer, to the additional role of Chief Operating Officer (COO).
- Montagne has been a visionary regarding the design and building of the company's first-generation fully electric propulsion system, E-Motion 180e.
- Montagne has been responsible for direct involvement with the engineers from McLaren Engineering, a division of Linamar Corp LIMAF.
- The company also stated Patrick Bobby, co-founder, and Director, will move to a newly created role as head of the Performance & Special Projects division.
- Price Action: VMAR shares closed lower by 0.72% at $5.53 on Thursday.
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