OXE Marine AB (publ) announced that Magnus Grönborg has (1 July 2021) assumed the CEO position of the company. Magnus Grönborg succeeds Myron Mahendra who will assume the position of EVP Business Development, Sales and Marketing. Appointing Magnus Grönborg is part of the previously communicated move into the next phase of OXE Marine´s development, with third party production facilities in both Poland and the US, where the board of directors has resolved to reorganize the management team to optimize the Company's ability to achieve its financial and operational targets.