Björgólfur Jóhannsson resigns as Icelandair Group’s President & CEO

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Björgólfur Jóhannsson

Today, Björgólfur Jóhannsson resigned as the Company’s President & CEO. Bogi Nils Bogason, the Company’s CFO, will become the Interim President & CEO of the Company but the Board of Directors will look for a new future President & CEO of the Company.

Before joining Icelandair Group Björgólfur was the CEO of Icelandic Group from March 2006. From 1992-1996 Björgólfur was the CFO of UA in Akureyri. He became the CEO of Síldarvinnslan in 1999 and served as the Director of Innovation and Development at Samherji from 1996, having worked as a chartered accountant for two auditing firms from 1980. Björgólfur served as the Chairman of the Board of the Federation of Icelandic Fishing Vessel Owners from 2003-2008. Björgólfur is the Chairman of the Board of the SA-Confederation of Icelandic Employers since March 2013. He graduated with a degree in Business Administration from the University of Iceland in 1983 and became a chartered accountant in 1985.

Further information is available in the Company’s announcement of a lower EBITDA forecast for the year 2018 published earlier today.

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