Marine Jet Power Announces Jonas Tegström as Chief Executive Officer

UPPSALA, SWEDEN (NOV. 16, 2020) – Marine Jet Power (MJP), a leading supplier of waterjet propulsion systems, and parent company Verdane Capital, are pleased to announce the appointment of Jonas Tegström as Chief Executive Officer (CEO). Tegström succeeds interim CEO, Claes Rudling, who will resume his position on the Board of Directors.


Tegström brings more than 20 years of senior management experience, including strategic development, plan execution and manufacturing expertise. Most recently Tegström served as the Chief Executive Officer of Orio AB, the former after sales company of SAAB Automobile, where he led a major restructuring.

“I am honored and excited to join the MJP team,” said Jonas Tegström. “The company has experienced impressive growth over the last few years, and I look forward to capitalizing on that momentum as we continue to expand into emerging markets and innovate with evolving marine technologies.”

Tegström is a graduate of Harvard Business School and holds an Master of Science degree in Engineering from Linköping University in Sweden.

About Marine Jet Power AB
Headquartered in Uppsala, Sweden and owned by Verdane Capital, Marine Jet Power (MJP) has been redefining the waterjet market with constant innovation and unsurpassed quality. MJP’s proven stainless steel, mixed-flow and aluminum, axial-flow waterjets are used in many diverse applications, from fast military craft and passenger vessels to luxury yachts and workboats worldwide.

For further information visit: www.marinejetpower.com.

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Media contact:

Marine Jet Power AB
Kelsey Nemeth
kelsey.nemeth@marinejetpower.com
+1 704.953.6821