New CFO at Vision Marine

Canada’s Vision Marine Technologies has named Raffi Sossoyan as its new chief financial officer. The appointment marks a significant step for the electric outboard manufacturer, as it gears up for a phase focused on manufacturing, production and delivery.

Sossoyan has over 25 years’ experience in global financial and operational leadership. He recently served as vice president, corporate treasury, at Velan Inc – a Canadian multinational company listed on the Toronto Stock Exchange where he managed financial operations amidst global sales exceeding US$370m.

Additionally, his tenure as CFO at Valtech Fabrication Inc drove worldwide sales beyond US$50m.

“Raffi’s robust experience in finance and operations within publicly listed companies, particularly his success at a TSX-listed entity, aligns perfectly with our strategic objectives as we escalate our manufacturing and delivery initiatives,” says Vision Marine CEO Alex Mongeon. “His leadership will be instrumental in fortifying Vision Marine’s financial strategies during this critical phase of our expansion.”

The news comes as Vision Marine advances the commercialisation of its E-Motion outboard powertrain system. With the appointment of Sossoyan as CFO, the company says it will navigate its next phase of growth with enhanced financial acumen and strategic direction.