Magnus Grönborg to start as CEO of OXE Marine AB (publ) on 1 July 2021
As previously communicated, Magnus Grönborg has been appointed CEO of OXE Marine AB (publ). He will assume the position on 1 July 2021. Magnus Grönborg will succeed Myron Mahendra who will assume the position of EVP Business Development, Sales and Marketing.
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OXE Marine AB (publ) (NASDAQ STO: OXE), (OTCQX: CMMCF) has, after several years of development, constructed the OXE Diesel, the world's first diesel outboard engine in the high-power segment. The Company’s unique patented engine-to-propulsion power transmission solutions have led to high demand for the Company’s engines worldwide.