Marine Jet Power appoints new CEO

22 June 2016

The Board of Directors of Marine Jet Power Holding AB (MJP) has today appointed Stefan Tingström as new CEO, starting from the 22nd of June 2016.

Stefan Tingström is an experienced CEO with a long background within Swedish export industry and he has the last couple of years worked as a CEO with different global companies. He brings a broad experience from international business in the US and APAC regions.

The former CEO, Anders Björe, and the Board have different views of the development of the company, and have therefore chosen to go separate ways.

MJP has during 2015 consolidated the business into the new facilities in Uppsala, Sweden, and has recently launched a new range of Hybrid Water Jets in order to expand the offering to the market.

The aim is to strengthen the company’s organization for the future growth.

“Anders has been a highly valued CEO for the company. With his profound knowledge of the water jet market and 25 years of experience from this business he has strongly contributed to developing the company. We thank Anders Björe for his important contribution to the company”, says Jan Söderström, Chairman of the Board.

For more information, please contact

Magnus Sörenson, EVP Marketing and Sales, Marine Jet Power,
E-mail magnus.sorenson@marinejetpower.com
Phone No. +46 10 165 10 02