The Board of Directors appoints the CEO, and the Board and the CEO are responsible for the management of the company. The Deputy CEO handles the company’s collective matters and policy development, as well as ensuring good governance.

Landsvirkjun’s Board is appointed by the Minister of Finance, at the company’s Annual General Meeting, held before the end of April each year. The Board is responsible for Landsvirkjun’s finances and operations. 

The CEO of Landsvirkjun is Hörður Arnarson, who in collaboration with the Board is responsible for the day to day administration of the company. Landsvirkjun’s Board of Directors sets out its procedural regulations in accordance with the provisions of Article 7 of the Act on Landsvirkjun. 

The current Board of Directors were appointed at the company’s Annual General Meeting April 30 2024.

The Board of Directors appoints the CEO, and the Board and the CEO are responsible for the management of Landsvirkjun.

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