Benzinga | Dec 17, 2021 09:07AM EST

Vision Marine Technologies Adds COO Role To Chief Technology Officer Xavier Montagne

* Vision Marine Technologies Inc (NASDAQ: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 (OTC: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.