From left: Ásthildur Otharsdóttir, Ástvaldur Jóhannsson, Ann Savage, Arnar Másson, Ólafur S. Gudmundsson, Margrét Jónsdóttir and Helgi Magnússon.
CHAIRMAN OF THE BOARD
ÁSTHILDUR MARGRÉT OTHARSDÓTTIR
Ásthildur Margrét Otharsdóttir is an independent consultant and a director of several companies with extensive experience of business management. Otharsdóttir 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 director of Icelandair Group and Promote Iceland. Otharsdóttir is on the Board of Governors of the University of Iceland and Board of the Nordic Arbitration Centre at the Icelandic Chamber of Commerce.
Education
MBA, Rotterdam School of Management, the NetherlandsCand. Oecon., University of Iceland
Elected
2013 Chairman of the Board2010 Director
Sub-committees
Remuneration Committee (chair)
Holdings in Marel
32,000 shares
Vice-Chairman of the Board
ARNAR THÓR MÁSSON
Arnar Thór Másson is currently the Alternate Director at the European Bank for Reconstruction and Development in London and serves as Chairman of Marel’s Audit Committee. He has extensive experience in re-organization, strategy and project management. Másson served as Director General of the Department of Administrative Development in the Prime Minister’s Office in Iceland and Deputy Director General of the Financial Management Department at the Ministry of Finance. From 2000-2008 Másson held an adjunct lecturer position at the Department of Political Science of the University of Iceland.
Education
MSc, Comparative Politics, London School of Economics and Political ScienceBA, Political Science, University of Iceland
Elected
2013 Vice-chairman 2001 Board Director
Sub-committees
Remuneration CommitteeAudit Committee (chair)
Holdings in Marel
0
BOARD director
DR ÓLAFUR S. GUDMUNDSSON
Dr Ólafur S. Gudmundsson is the Head of Discovery Pharmaceutics and Analytical Science 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. Gudmundsson is also associated with the Pharmaceutical Chemistry department at Purdue University.
Education
PhD, Pharmaceutical Chemistry, University of KansasCand. pharm., Pharmacy, University of Iceland
Elected
2014
Sub-committees
Remuneration Committee
Holdings in Marel
1,705,427 shares
BOARD DIRECTOR
ÁSTVALDUR JÓHANNSSON
Ástvaldur Jóhannsson is Business Development Director at Controlant. His previous international business experience includes senior management positions at Össur hf. and that of Executive Director leading the International Division of Valitor hf. Jóhannsson served as a member of the Executive Team of the IT company Nyherji hf., as Sales and Marketing Director at Penninn, and as a System Analyst Expert in the IT sector focusing on process design and development.
Education
MBA, University of IcelandBS, Management Information Systems, Heriot-Watt University
Elected
2014
Sub-committees
Audit committee
Holdings in Marel
0
BOARD director
MARGRÉT JÓNSDÓTTIR
Margrét Jónsdóttir is Managing Director of Operations for Eyrir Invest hf. Previously, she was Director of Finance at Edda Publishing, Director of Finance at Kreditkort/ MasterCard and Manager of Accounts at FBA Investment Bank. Prior to that, Jónsdóttir 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 IcelandCand. Oecon., Business Administration, University of Iceland
Elected
2006
Sub-committees
Audit Committee
Holdings in Marel
195,113 shares
BOARD DIRECTOR
HELGI MAGNÚSSON
Helgi Magnússon is Chairman of the Board of the Blue Lagoon, Harpa Holding and Husasmidjan. He also serves as a director of several Icelandic companies. Magnússon was Chairman of the Federation of Icelandic Industries from 2006 to 2012 and a director and member of the Executive Board of the Confederation of Icelandic Employers from 2006 to 2013. Magnússon has also been a director of Islandsbanki hf., the Framsyn Pension Fund, the Pension Fund of Commerce, Siminn and the Iceland Chamber of Commerce. He was Managing Director of Harpa and HarpaSjöfn paint manufacturers for several years and Chairman of the Board of Harpa, HarpaSjöfn and Flügger Iceland.
Education
Certified Public Accountant (CPA), University of IcelandCand. Oceon., Business Administration, University of Iceland
Elected
2005
Sub-committees
Audit Committee
Holdings in Marel
3,039,044 shares
BOARD director
ANN ELIZABETH SAVAGE
Ann Savage previously served as Technical Director of Bakkavor Group. Her main responsibilities included food safety, health and safety management, manufacturing excellence and environmental management. She was also a member of the 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. Savage is also a member of the Board of Governors for Boston College and a food safety consultant.
Education
Studied at the Open University Post Graduate Diploma in Management Studies, Nottingham University