Corporate Governance
Board
The company’s board is composed of five primary members and one alternate, elected for one year at a time at the general meeting. The board elects a chair and vice-chair from the group of members. The board of Ölgerðin Egill Skallagrímsson hf. operates according to previously determined and clear working procedures. The company is a limited company and adheres to regulations that apply to such companies. The board’s subcommittees are the remuneration committee and audit committee, both of which are composed of three individuals. Ölgerðin’s executive committee is composed of the company’s managing directors along with the CEO.
Executive committee
The company’s current executive committee is composed of the company’s managing directors along with the chief executive. The following individuals are on the executive committee.
The board’s subcommittees
Audit committee
The audit committee is elected by the company’s board and one of its three members is independent from the company. Margrét Flóvenz, who is chair, Gerður Huld Arinbjarnardóttir, board member, and Sigríður Elín Sigfúsdóttir, board member, have a seat on the audit committee.
Remuneration committee
The remuneration committee is elected by the company’s board. Magnús Árnason, who is chair, and Rannveig Eir Einarsdóttir, board member, have a seat on the remuneration committee.
Organizational chart
Bogi Þór Siguroddsson
CHAIRMAN OF THE BOARD
Andri Þór Guðmundsson
CEO
Guðmundur Pétur Ólafsson
NON ALCOHOLIC & BEVERAGES
Garðar Svansson
ALCOHOLIC BEVERAGES & COFFEE SYSTEMS
Gunnlaugur Einar Briem
LOGISTICS
Óli Rúnar Jónsson
MARKETING
Jón Þorsteinn Oddleifsson
FINANCE, HR AND IT
Júlía Eyfjörð Jónsdóttir
PRODUCTION
María Jóna Samúelsdóttir
(100%)
David Lomnitz
(51%)
Volker Nieman
Head of International Expansion (100%)
Erna Hrund Hermannsdóttir
Sales Director Scandinavia (100%)
Subsidiaries
Ölgerðin has two subsidiaries, Danól and Iceland Spring. Both companies offer quality products for the domestic and international market
Danól
Ölgerðin holds a 100% stake in Danól. Danól is an independent sales and marketing company, which sells food and specialty products of various kind. Emphasis is placed on quality products and that customers can rely on a high level of service. Only products, which have the potential to become market leaders in their respective categories, are released on the market.
Iceland Spring
Ölgerðin holds a 51% stake in Iceland Spring. Other shareholders are non-Icelandic. Ölgerðin is responsible for bottling Icelandic water for Iceland Spring, but international sales and marketing are in the hands of Iceland Spring. The company’s subsidiary, Pure Distribution, is responsible for sales in the US.