Landsnet’s Board of Directors

Our Board of Directors is composed of Geir A. Gunnlaugsson, previously chief executive of Marel and Promens, Svana Helen Björnsdóttir, CEO of Stiki, and Ómar Benediktsson, CEO of Farice. The Alternate Director is Svava Bjarnadóttir, CEO and owner of Kapituli ehf.

The Board is elected for a term of one year at a time and has ultimate authority over the company’s affairs between Annual General Meetings. To meet statutory requirements of utmost impartiality in our activities, our Directors must be independent in all respects from the company and shareholders as well as from other companies engaging in the generation, distribution or supply of electricity.

Geir A. Gunnlaugsson, Chairman of the board

Geir A. Gunnlaugsson was born in 1943. He is Chairman of the Board of Landsnet, having first been elected at the Annual General Meeting on 31 March 2011. He has served on the boards of numerous businesses, both Icelandic and foreign, as well as other organisations and institutions, and has extensive experience in business management in Iceland and overseas.

Mr Gunnlaugsson read mechanical engineering at the University of Iceland, earned an MSc degree in mechanical engineering from the Technical University of Denmark and a PhD from Brown University, USA. He was professor of mechanical engineering at the University of Iceland in 1975-1986 and chief executive of Icelandic Metals in 1983-1987. He was chief executive of Marel in 1987-1999, chief executive of Hæfi and chairman of Reyðarál in 2000-2002 and chief executive of Promens in 2003-2006.

Ómar Benediktsson, Director

Ómar Benediktsson was born in 1959. He was first elected to Landsnet’s Board at the Annual General Meeting on 29 March 2012. He has served on the boards of numerous businesses, both Icelandic and foreign, as well as other organisations and institutions, and has extensive experience in business management in Iceland and overseas.

Mr Benediktsson holds a Cand.Oecon. degree in business administration from the University of Iceland. He served in managerial positions in tourism and aviation for three decades. At the beginning of 2012, he became CEO of Farice, which operates the submarine telecommunications network linking Iceland with the rest of the world. Farice is also a key player in developing Iceland’s emerging data centre industry.

Svana Helen Björnsdóttir, Director

Svana Helen Björnsdóttir was born in 1960. She was first elected to Landsnet’s Board on 31 March 2009. She has served on the boards of numerous businesses, organisations and institutions and has extensive experience in business management in Iceland and overseas.

Ms Björnsdóttir holds a BSc degree in electrical engineering from the University of Iceland and earned a Dipl.Ing. (master’s degree) in electrical power engineering from the Technische Universität Darmstadt in Germany in 1987. She also holds a diploma in operations management from the University of Iceland and is currently working on a doctorate in risk analysis at Reykjavik University’s School of Science and Engineering. She founded the information security company Stiki in 1992, and it´ s CEO.  She was chairman of the Federation of Icelandic Industries in 2012-2014 and served concurrently on the executive committee and board of SA – Business Iceland.