Nimbus Group CEO Jan-Erik Lindström to Retire in 2025

Nimbus Group’s CEO, Jan-Erik Lindström, has announced that he will retire during 2025. Lindström informed the company’s board that he intends to retire this year, after 15 years in the company.

The Nimbus Group board is starting the recruitment process for a successor, with the aim of finalizing the recruitment of a new CEO during the second half of 2025.

Lindström, who recently turned 63, will continue as CEO of the company until his successor has taken office. Nimbus Group produces and markets powerboats which includes the brands Alukin, Aquador, EdgeWater, Falcon, Nimbus and Paragon Yachts.

”It is of course with mixed feelings that I leave as CEO after 15 years in the company, but it’s still natural. It has been a fantastic journey where Nimbus Group today has a strong and efficient organization with many skilled and talented employees and with a clear strategic plan. Going forward, I will remain a shareholder and of course support the company in different ways”, says Lindström, CEO of Nimbus Group.

Mats Engblom, chairman of the Nimbus Group board, says: ”I have had the pleasure of working closely with Jan-Erik for many years and I have really appreciated his drive, his business skills, loyalty and engagement. When he now chooses to retire, he does so with a solid track record where he has led the transformation of Nimbus into an international group and a successful listing of the company.”

In February 2025, the Swedish boatbuilder posted a sales decrease of 24 per cent to MSEK 273 (£19.93m) during the fourth quarter of 2024. In a statement, the firm attributed this decline to a “continued wait-and-see market” but highlighted signs of a positive turn forthcoming in the market conditions.

Nimbus Group operations are conducted in Sweden, Finland, Poland, England, Norway and the USA.

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