
The board of directors of diesel outboard manufacturer OXE Marine appointed Paul Frick chief executive officer following the resignation of Anders Berg. The company said Berg will stay on for a transition period.
“We are very pleased with the appointment of Paul Frick as the new CEO of OXE Marine,” board chairman Jonas Wikström said in a statement. “In his role as CFO, he has done a fantastic job in managing the company’s finances and played a vital part in improving the company’s financial position, as well as engaging with the company’s shareholders and investor community.”
Frick started with OXE Marine as CFO in 2019 and was named head of commercial operations in 2022. He took on sales in the Nordic region, as well.
Berg had been CEO since 2022 and was chairman of the board beginning in 2018.