From left: Asthildur Otharsdottir, Astvaldur Johannsson, Ann Savage, Arnar Masson, Olafur S. Gudmundsson, Margret Jonsdottir and Helgi Magnusson.
CHAIRMAN OF THE BOARD
Asthildur Margret Otharsdottir
Asthildur Margret Otharsdottir is an independent consultant and a board member of several companies. She has extensive business experience. She served as the Director of Treasury and Corporate Development at Össur hf. and as a Senior Account Manager at Kaupthing Bank (now Arion Bank), as well as a consultant at Accenture in Copenhagen. She is the Chairman of the Board of the investment fund Frumtak Ventures and a member of the Board of Directors of Icelandair Group. Otharsdottir is on the board of the University of Iceland and the Court of Arbitration at the Icelandic Chamber of Commerce.
Education
MBA, Rotterdam School of Management, The Netherlands, 1996.Cand. Oecon., University of Iceland, 1992.
Elected
2013 Chairman of the Board.2010 Board Director.
Holdings in Marel
32,000
Vice-Chairman of the Board
Arnar Thor Masson
Arnar Thor Masson is currently the Alternate Director at the European Bank for Reconstruction and Development in London and serves as the Chairman of Marel’s Audit Committee. He has extensive experience in re-organization, strategy and project management. He served as Director General of the Department of Administrative Development at the Prime Minister’s Office in Iceland and Deputy Director General of the Financial Management Department at the Ministry of Finance. Masson held an adjunct lecturer position at the Department of Political Science of the University of Iceland from 2000 till 2008.
Education
MS, Comparative Politics, London School of Economics and Political Science, 1997.BA , Political Science, University of Iceland, 1996.Studied securities brokerage in 2007.High Performance Boards, executive course for supervisory board members and chairpersons, IMD Business School, 2014.
Elected
2013 Vice-chairman 2001 Board Director
Holdings in Marel
0
BOARD director
Olafur S. Gudmundsson
Dr. Olafur S. Gudmundsson is the Head of Discovery, Pharmaceutics at Bristol-Myers Squibb, a global biopharma company. He has previously held various senior level management positions within R&D in the pharmaceutical industry, both for Bristol-Myers Squibb and Genentech Inc. He is also associated with the Pharmaceutical Chemistry department at Purdue University.
Education
PhD, Pharmaceutical Chemistry, University of Kansas. Cand. pharm., Pharmacy, University of Iceland.
Elected
2014
Holdings in Marel
1,705,427
BOARD DIRECTOR
Astvaldur Johannsson
Astvaldur Johannsson has extensive international business experience, having served in various senior management positions at Össur hf., a global non-invasive orthopedics corporation, and as the Executive Director of the International Division of Valitor hf., an e-commerce payment solutions and services provider. He held a director membership of the executive team at Nyherji hf., an IT company, as well as being Managing Director of Penninn, an office and business supply chain. Johannsson has extensive experience as a system analyst expert within the IT sector, focusing on process design, development and leading projects in the field.
Education
MBA, University of Iceland. BS, Management Information Systems, Heriot-Watt University.
Elected
2014
Holdings in Marel
0
BOARD director
Margret Jonsdottir
Margret Jonsdottir is the Managing Director of Operations for Eyrir Invest hf. Previously, she was the Director of Finance at Edda Publishing. She also worked as the Director of Finance at Kreditkort/ MasterCard and the Manager of Accounts at FBA Investment Bank. Prior to that, she spent a decade as the Director of Finance at the Industrial Loan Fund (the FBA Investment Bank's predecessor).
Education
MS, Accounting and Auditing, University of Iceland.Cand. oecon., Business Administration, University of Iceland.
Elected
2006
Holdings in Marel
195,113
BOARD DIRECTOR
Helgi Magnusson
Helgi Magnusson is the Chairman of the Board of the Blue Lagoon, Harpa Holding and Husasmidjan. He also serves as a board member of several Icelandic companies, including N1 and Hofgardar. Magnusson was the Chairman of the Federation of Icelandic Industries from 2006 to 2012 and a member of the Board of Directors and the Executive Board of the Confederation of Icelandic Employers from 2006 to 2013. Magnusson has also been a board member of Islandsbanki hf., the Framsyn Pension Fund, the Pension Fund of Commerce, Siminn and the Icelandic Chamber of Commerce. He was the Managing Director of Harpa and HarpaSjöfn paint factories for several years and the Chairman of the Board of Harpa, HarpaSjöfn and Flügger Iceland.
Education
CPA, Certified Public Accountant, University of Iceland.Cand. Oceon., Business Administration, University of Iceland.
Elected
2005
Holdings in Marel
2,779,044
BOARD director
Ann Elizabeth Savage
Ann Savage served as the Technical Director of Bakkavor Group, a leading international manufacturer of fresh prepared foods. Her main responsibilities included food safety, health and safety management, manufacturing excellence and environmental management. She was also a member of the company's management board. Savage has held a variety of roles in technical and R&D departments within the retail and food industry over her 35-year career. She worked for the Cooperative Wholesale Society (CWS), Northern Foods from 1990 till 1999 and at Geest/Bakkavor for over 16 years.
Education
Studied at the Open University. Post Graduate Diploma in Management Studies, Nottingham University.