Arcona CEO steps down as group restructures management team

Arcona 50 photo shoot Western Solent and The Needles 11 September 2023

Orust Quality Yacht Group (OQY Group), which comprises Swedish brands Arcona Yachts, Najad Yachts of Sweden and the service yard, Orust Yacht Service, confirms Arcona CEO Urban Lagnéus has stepped down.

Fredrik Malmqvist will continue in his role as CEO of the OQY Group, including heading both Arcona and Najad.

OQY Group has appointed Marcus Jungell as sales director. To streamline the operation within OQY Group, the management team is being restructured. Aside from the addition of Jungell as sales director, Marcus Lindström is now head of production at Najad Yachts and Orust Yacht Service. Magnus Larsson is now head of production at Arcona Yachts.

Jungell will join the group on 15 January 2024 and take the lead for sales of Arcona and Najad Yachts. Jungell has experience at Nautor’s Swan, Baltic Yachts and, most recently, at electric boat manufacturer X Shore.

“We are very much looking forward to welcoming Marcus to the team as our new sales director for Arcona and Najad,” says Fredrik Malmqvist, group CEO. “He brings a wealth of international sales experience that both Arcona and Najad will benefit from, and I am sure that Marcus will help us accelerate our growth and take our brands to the next level.”

In 2022, the board of directors of Arcona Najad Yachts decided to split the well-known Swedish brands into two separate companies; Arcona Yachts and Najad Yachts. Urban Lagnéus took over as CEO in Autumn 2021.

The group has made significant investments throughout 2022 and 2023, including the acquisition of Orust Yacht Service, Najad’s move back to Henån on the island of Orust, the build of a new showroom and the acquisition of Sail Yard; Arcona Yachts’ production yard.

Håkan Eksandh, OQY group owner adds: “There are exciting times ahead. This restructure of the group will enable Arcona, Najad and Orust Yacht Service to prosper further and fully utilise the wealth of knowledge and facilities that we have across the group for the benefit of our customers.”

Main image: Arcona 50. Courtesy of Rick Tomlinson/Arcona Yachts

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