The Kingfish Company's Ohad Maiman is stepping down from his CEO role but will continue to serve in a advisory capacity at the company.

Maiman, the company's founder, will continue to support the company’s US development, and provide counsel to management and the board, he said.

Executive Chairman Hans den Bieman will serve as interim CEO while the search takes place for a long-term replacement. Den Bieman has worked closely with Maiman since the beginning of the company.