ISI names new CEO
Iceland Seafood International has appointed a new chief executive.
Ægir Páll Friðbertsson will take over from Bjarni Ármannsson, who is stepping down after five years in the role.
“I’m very pleased to take the helm at Iceland Seafood,” said Ægir Páll Friðbertsson.
“The company has built up a leadership position in Europe and has first-class track record for a very long time for quality, innovation and reliability of its products.
“It is deeply rooted amongst Icelandic producers and I’m confident we can continue to produce value added products in Europe at a premium for the advantage of all stakeholders.”
Ægir Páll has been chief operating officer at Brim for the past five years. Before that he was managing director for Útgerðarfélag Reykjavíkur for three years and a managing director for Ísfélag Vestmannaeyja for nine. He holds a business degree from the University of Iceland and a masters degree in finance.
Outgoing chief executive, Bjarni Ármannsson will step down with effect from 1 November.
“The Iceland Seafood group is a strong entity with a very good potential for profitability and growth going forward,” he said.
“I strongly believe in Ægir Páll Friðbertsson, whom I’ve known for many years. His knowledge, drive and persuasive character will drive the company forward.”
Simultaneously, Sjávarsýn, a holding company fully owned by Bjarni Ármannsson has sold its total shareholdings of 10.83% in ISI to Brim.
