Sharrow Marine Expands Leadership Team with Strategic Hires in Sales and Manufacturing Operations

DETROIT--(BUSINESS WIRE)--Jun 3, 2026--

Sharrow Marine today announced two key leadership appointments: Jordan Hofmann as Director of Sales and Steve Salna as Director of Manufacturing and Production. The additions reflect the company's accelerating momentum as it scales its global commercial operations and builds its Detroit manufacturing facility into a world-class, high-volume precision manufacturing operation.

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“What we are building now is the organizational capability to match our ambition,” said Greg Sharrow, Founder and CEO of Sharrow Engineering and Sharrow Marine. "The technology has been validated. The market has responded. The partnerships are in place. Jordan and Steve are the caliber of leadership this next phase requires, as they are operators who understand how to build systems, scale teams, and execute at the highest level. I am proud to welcome them both to the Sharrow team."

Hofmann will lead the development and execution of Sharrow Marine's global sales strategy, with responsibility for dealer network expansion, OEM partnership growth, strategic account management, and cross-functional alignment across sales, marketing, and customer experience.

He brings more than a decade of senior sales leadership in the premium automotive sector, most recently serving as Head of US Sales for Polestar Automotive, where he oversaw national retail and wholesale performance and reported directly to the CEO of Polestar US. Prior to Polestar, Hofmann held senior market leadership roles at Volvo Cars and Stellantis, building a consistent track record of scaling dealer networks and driving commercial growth for design-forward premium brands.

"Sharrow is one of the most compelling engineering stories in American industry today," said Hofmann. "I spent nearly 11 years helping build premium automotive brands from the ground up, and once I understood what Sharrow had created, the decision to join the team was immediate. This is a fundamental reimagining of propulsion, built right here in Detroit, and I couldn't be more energized to help scale it."

Salna now oversees Sharrow Marine’s entire Detroit manufacturing operation, managing all production teams and external suppliers across CNC machining, welding, polishing, and logistics. His mandate is to transition the company into a precision manufacturing workflow capable of meeting rapidly growing market demand.

A fourth-generation Ford professional, Salna brings over 16 years at Ford Motor Company, along with subsequent leadership of large-scale manufacturing operations across other industries. He holds an MBA in Global Operations and Supply Chain Management and is Six Sigma Black Belt trained. The results of his leadership have been immediate: in his first month, Salna drove output from the Detroit facility to more than four times its prior monthly throughput.

"Sharrow is building something genuinely unprecedented," said Salna. "The technology is extraordinary, and now the task is building the operational foundation to deliver it at scale. That is the challenge I have spent my entire career preparing for, and I could not be more energized to do it here, in Detroit, with this team."

The appointments come as Sharrow Marine continues to expand its dealer network, deepen manufacturing partnerships through its Ford Advanced Manufacturing collaboration at Michigan Central, and advance commercial and defense propulsion applications.

About Sharrow Engineering and Sharrow Marine

Sharrow Engineering is a Detroit-based company pioneering breakthrough technologies in propulsion, energy, and mobility. The company is best known for inventing the Sharrow™ Propeller — the first major advancement in propeller technology since the 1830s — which delivers up to 30% greater fuel efficiency and up to 80% noise reduction compared to traditional designs. With over 200 patents worldwide, Sharrow Engineering serves as the parent company of Sharrow Marine, which manufactures and delivers high-performance marine propulsion systems to customers around the globe.

The Sharrow Propeller has been widely recognized, including being named one of TIME’s Best Inventions of 2023 and Soundings Trade Only’s Most Innovative Marine Companies, and honored by Fast Company’s World Changing Ideas Awards and Innovation by Design Awards. With applications extending beyond marine into aerospace, defense, HVAC, and renewable energy, Sharrow is redefining what’s possible in modern propulsion.

Steve Salna

Jordan Hofmann

WASHINGTON (AP) — Treasury Secretary Scott Bessent refused to say Wednesday whether President Donald Trump and his family would still get immunity from IRS audits after the administration abandoned plans for a $1.776 billion compensation fund that would have benefited the president’s allies.

“There’s continuing litigation, and I’m unable to comment on ongoing litigation,” Bessent told lawmakers at the Senate Finance Committee hearing.

It was a frustrating answer for Democratic lawmakers looking to get answers from Bessent at a hearing ostensibly focused on the Treasury Department’s budget and came a day after acting Attorney General Todd Blanche seemed to indicate that the portion of the settlement dealing with the IRS audit immunity would still be in effect for the Republican president.

After several failed attempts to get Bessent to answer, Sen. Catherine Cortez Masto, D-Nev., said, “It’s been very clear you’re dodging this and you’re trying to use it as an excuse. It’s just outrageous on behalf of the American public.”

The White House referred the Associated Press to Secretary Bessent's comments in response to an inquiry about the status of the settlement. In the Oval Office on Wednesday, Trump did not confirm whether the compensation fund had been scrapped or was simply on hold. “I’d have to ask the lawyers, I don’t know," he told reporters. “As far as I’m concerned, it was a beautiful thing,” he said.

The administration decided to scrap plans for the compensation fund, which could have included payouts to participants in the Jan. 6, 2021, riot at the U.S. Capitol, after bipartisan outrage and a fierce political backlash that threatened to stall key elements of the White House agenda. Still, the status of the IRS immunity deal as part of the controversial settlement crafted to resolve Trump’s $10 billion lawsuit against the IRS remained unclear, though Blanche said Tuesday that “nothing has changed” in that regard.

Last week, a federal judge in Florida overseeing Trump’s lawsuit against the IRS, who had initially dismissed the case, reopened the case and ordered the president’s attorneys to respond to allegations that Trump abandoned his claims to avoid the court’s scrutiny of the deal.

When she initially dismissed the case, Kathleen Williams, the judge handling the lawsuit, admonished the Justice Department for a lack of transparency and said no agency “submitted any settlement documents nor filed any documents ensuring that the settlement was appropriate where there was an outstanding question as to whether an actual case or controversy existed.”

Matt Platkin, a former New Jersey attorney general now at the law firm Platkin LLP, which is representing lawmakers and judges challenging the settlement agreement, called it “one of the greatest scams in American history.”

He told The Associated Press that Blanche’s testimony on Tuesday over plans to scrap the weaponization fund and grant Trump audit immunity “underscores the need for the court to continue its inquiry in Florida.”

Lawmakers on Wednesday tried to grill Bessent on the agreement without success.

“Secretary Bessent owes the committee an explanation of what the Treasury knows about the dirty settlement. That’s because his department was involved from beginning to end,” said Sen. Ron Wyden, D-Ore.

Wyden asked Bessent: “Does the IRS audit immunity given to Trump, his family, and his businesses still stand?”

Bessent declined to answer, citing the unresolved legal dispute.

If audits and examinations into the president's taxes were thrown out under the settlement, an untold figure could be wiped from his bill to the federal tax collector.

Previous reporting from the New York Times and ProPublica shows that a long-standing audit of a technique Trump reportedly used to avoid paying taxes years ago could have resulted in an estimated $100 million bill if the IRS had found wrongdoing.

Even some Republicans expressed concern on Wednesday over the plan to shield Trump from the IRS.

Sen. Bill Cassidy, R-La., speaking to reporters outside the chambers, said, “I don’t think any American should have a deal like that.”

Nina Olson, founder of the Center for Taxpayer Rights, which has sued the Trump administration over IRS disclosures to immigration enforcement, called the settlement “the lowest point for the IRS since the 1970s and President Nixon’s efforts to help his friends by trying to stop IRS audits of them and hurting his enemies by urging IRS audits on them.”

Treasury Secretary Scott Bessent testifies before the Senate Committee on Finance, Wednesday, June 3, 2026 in Washington. (AP Photo/Allison Robbert)