PHOTO COURTESY OCEANVOLT

Finnish electric propulsion manufacturer Oceanvolt named Mikael Heikfolk chief executive officer.

“Mikael’s extensive experience and proven track record in gaining faster growth and improving profitability make him the ideal leader to guide Oceanvolt through its next chapter,” board chairman Riku Niemelä said in a statement.

Heikfolk previously was chief business development officer at Nimbus Group. Before Nimbus, he was CEO of Axopar Boats for five years.

“Oceanvolt has a strong reputation for delivering cutting-edge electric propulsion solutions, and I look forward to working with the team to further expand our market presence and drive value for our customers,” Heikfolk said.