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.
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.