Mitsubishi Motor Sales of Canada has announced the appointment of Matthew Loptson as chief financial officer and his appointment as an executive director to the company’s Board of Directors. Loptson previously held the position of vice-president, finance and corporate and product planning.
Bringing his 13 years of success within the corporation and extensive other accomplishments, fully bilingual Loptson now leads a team dedicated to continuing the growth of the Mitsubishi Motors brand in Canada. In his role, Loptson oversees finance, legal, corporate governance, corporate and product planning, and corporate security.
He has been further responsible for corporate compliance and management of highly complex domestic and cross-border taxation matters including Canada-Japan and Canada U.S. Mutual Agreement Procedure submissions.
“Matthew will lead MMSCAN’s financial and product prominence in Canada as sales, market share and reputation grow, said Kenji Harada, president and CEO, Mitsubishi Motor Sales of Canada. “Also, the auto industry is becoming increasingly complex particularly in regard to compliance and regulatory demands, Matthew’s oversight in key areas of corporate strategy, legal and corporate governance becomes even more important as we strengthen our capabilities for sustainable and long-term growth.”
The company has recently closed the books on its second most successful fiscal year in its 20-year history despite an industry slowdown during Covid and supply chain disruptions.
“In this ever-changing business environment strategic decisions need to utilize financial data and modelling even more to plan for the future. It is my goal to further strengthen the position of finance as a strategic partner,” said Loptson.