www. PowersportsBusiness. com

Powersports Business • October 2026 • 13

Fintech and lending firm Octane announced on Aug. 18 two key leadership appointments in its sales organization, one of which includes naming a senior vice president for its recent financing program partnership with BRP.

Octane named Steve Daum senior vice president of sales and recreational lending for BRP Financial Services, leading Octane’ s Captive-as-a-Service relationship with BRP. In this role, he will drive adoption of BRP Financial Services and BRP’ s whitelabeled financing program. Daum will oversee a sales team focused on deepening relationships across BRP’ s network of independent dealerships in the U. S. to increase originations.

Daum joined Octane in 2022 and was named SVP of sales in 2025. Under his leadership, Octane has grown its dealer network, signed new partnerships, expanded agreements with leading OEMs, and grown originations by over 200 %. Additionally, he has helped the company increase its market share and enter new markets.

Octane’ s other appointment was naming David Carlsen to SVP of sales and partnerships. In this role, he will lead a team of 25 sales professionals across Octane’ s powersports and outdoor power equipment businesses.

Carlsen also joined Octane in 2022 and has introduced key automations to streamline the financing process. Before joining Octane, Carlsen held senior roles at a major captive finance institution.

Protective worked with us to help increase our F & I profits by over half a million dollars just last year alone.”

Joe Murphy Director of Operations

TOM WOOD POWERSPORTS GROUP

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Octane has named David Carlsen, left, senior vice president of sales and partnership, and Steve Daum SVP of sales and recreational lending for BRP Financial Services.( Photos: Octane)

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