VALCOURT, QC, September 3, 2026 — Leads & Copy — BRP Inc. announced a planned leadership transition in its finance department, with Chief Financial Officer Sébastien Martel set to retire and Minh Thanh Tran appointed as his successor. The transition will be effective October 1, 2026, with Mr. Martel continuing as Executive Advisor to the CEO until his retirement in April 2027, facilitating a smooth handover.
Mr. Tran’s appointment is part of a long-established succession strategy. Denis Le Vot, President and CEO of BRP, expressed gratitude to Mr. Martel for his extensive contributions over more than two decades with the company. “On behalf of BRP and our Board of Directors, I would like to sincerely thank Sébastien for his unwavering commitment and outstanding contributions over his 20+ years at BRP. His leadership, strategic vision, and financial discipline truly contributed to making BRP the Company it is today,” stated Le Vot.
During his 12-year tenure as CFO, Mr. Martel was instrumental in building a robust and financially disciplined company. He guided BRP through significant milestones, including its initial public offering on the Toronto Stock Exchange in 2013, which was recognized as IPO of the Year, and its subsequent listing on NASDAQ in 2018. BRP credits his leadership and that of his finance team for fostering profitable growth and strong shareholder returns.
The company expressed confidence in Mr. Tran to lead its financial strategy and support its growth ambitions. “With his proven leadership, strong financial acumen and experience, and deep understanding of the powersports industry, Minh Thanh is the right person to succeed Sébastien, lead BRP’s financial organization and help shape our next chapter of growth,” Le Vot added. “Our thorough CFO transition to such a high-quality internal successor reflects the strength of our executive team and our commitment to further position the business for lasting success.”
Minh Thanh Tran joined BRP in 2017 and has since held leadership roles in corporate strategy, mergers and acquisitions, transformation, and product strategy. His initiatives include the implementation of a new North American ERP system, the development of the M28 strategic plan, and the establishment of BRP’s manufacturing presence in Asia. Mr. Tran also played a significant role in developing the company’s product pipeline. Before joining BRP, he gained substantial experience in investment and corporate banking at Lazard and BMO Capital Markets, where he was involved in BRP’s 2013 IPO.
BRP Inc. is a global leader in the powersports industry, with a history spanning over 80 years. Its brands include Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft and pontoons, Can-Am on- and off-road vehicles, and Quintrex boats, powered by Rotax engines. As of January 31, 2026, BRP reported annual sales of CA$8.4 billion from operations in over 110 countries and employed approximately 17,000 individuals. The company is headquartered in Quebec, Canada.
Source: BRP Inc.
