Marel (Iceland) - Press Release: We are very pleased to announce the appointment of Olafur Karl Sigurdarson as Executive Vice President Marel Fish, replacing Gudbjorg Heida Gudmundsdottir effective immediately.

As EVP of Marel Fish, Olafur will be instrumental in driving the strategy of Fish to partner with our customers and grow our position as the global leader in solutions, service and software for the seafood processing industry.

Olafur will report to Arni Sigurdsson, Chief Business Officer and deputy CEO, and Gudbjorg, who has accepted another position outside Marel, will support Olafur and the fish leadership team during the transition period.

Arni Sigurdsson, Chief Business Officer and deputy CEO:

“I am very excited to welcome Olafur into the position as EVP Fish. Olafur has demonstrated excellent leadership skills and business acumen within Marel and grown fast with every role and responsibility given.  I am confident that Olafur will be successful in leading and driving the strategy and business of Marel Fish. I also want to sincerely thank Gudbjorg for her dedication and valuable contribution to Marel over the years and wish her the very best in her new endeavors.”

Olafur has been with Marel since 2015, where he joined as a Product Manager for the Inspection product group. He has since held various positions in service and innovation, such as Service Director of Fish and most recently Innovation Director for Fish. Before joining Marel, Olafur worked in the financial industry. He holds a BSc degree in Business Administration from Bifröst University and an MBA from Reykjavik University.