FESTI N1 Hf

Festi: Ásta Sigríður Fjeldsted to be the new CEO of Krónan

Festi: Ásta Sigríður Fjeldsted to be the new CEO of Krónan

Ásta Sigríður Fjeldsted has been appointed as the new CEO of Krónan and will assume her position on 1 October 2020.

Ms. Fjeldsted has been the Managing Director of Iceland Chamber of Commerce since 2017. Previously she worked for three international companies for more than a decade. She worked for the international consultancy group McKinsey & Company from 2012, in its offices in Tokyo and Copenhagen, where she participated in or led numerous projects related to analysis, reform and reststructuring. Before joining McKinsey she worked for IBM in Denmark and the orthopeadics producer Össur, in its offices in France and Iceland. Ms. Fjeldsted is a mechanical engineer with a M.Sc. degree from DTU in Denmark.

„The Festi group is strengthened by having engaged Ms. Fjeldsted to lead Krónan and its experienced staff. Krónan has been very successful these last years but faces considerable changes in the business environment where her experience will be of great value“ says Eggert Þór Kristófersson, CEO of Festi.

„I look forward to assuming the position of CEO of this large and important company.  A strong, efficient and responsible food retail industry is one of the key factors for prosperity and the standard of living of households. Krónan is a very exciting company which has been gaining momentum in the last years. Krónan has within its ranks a great number of execeptional staff and has been leading in many areas, we will continue and build on this success as well as preparing ourselves to meet the challenges posed by the great changes ahead in the retail industry“ says Ásta Sigríður Fjeldsted.

 For further information contact:

Eggert Þór Kristófersson, CEO of  Festi tel: +354  440 1000 /

EN
14/07/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on N1 Hf

 PRESS RELEASE

Festi hf.: Buyback program week 40

Festi hf.: Buyback program week 40 In week 40 2025, Festi purchased in total 160,000 own shares for total amount of 48,740,000 ISK as follows: WeekDateTimePurchased sharesShare pricePurchase price4029.9.202513:52:5750.00030615.300.0004030.9.202513:31:5850.00030415.200.000   401.10.202511:57:0030.0003049.120.000402.10.202512:44:4330.0003049.120.000   160.000 48.740.000 The execution of the buyback program is in accordance with the Act on Public Limited Companies No 2/1995, Article 5 of the Regulation of the European parliament and of the Council No. 596/2014, on market abuse, the Commissions...

 PRESS RELEASE

Festi hf.: Endurkaup vika 40

Festi hf.: Endurkaup vika 40 Í 40. viku 2025 keypti Festi alls 160.000 eigin hluti fyrir 48.740.000 kr. eins og hér segir: VikaDagsetningTímasetning viðskiptaKeyptir hlutirViðskiptaverðKaupverð (kr)4029.9.202513:52:5750.00030615.300.0004030.9.202513:31:5850.00030415.200.000401.10.202511:57:0030.0003049.120.000402.10.202512:44:4330.0003049.120.000   160.000 48.740.000 Framkvæmd endurkaupaáætlunarinnar er í samræmi við lög um hlutafélög nr. 2/1995, 5. gr. reglugerðar Evrópuþingsins og ráðsins (ESB) um markaðssvik nr. 596/214, framselda reglugerð framkvæmdastjórnarinnar 2016/1052, samanber lög...

 PRESS RELEASE

Festi hf.: Buyback program week 39

Festi hf.: Buyback program week 39 In week 39 2025, Festi purchased in total 135,000 own shares for total amount of 41,310,000 ISK as follows: WeekDateTimePurchased sharesShare pricePurchase price3923.9.202510:30:5350.00030715.350.000    3924.9.202514:38:1450.00030515.250.0003925.9.202514:57:0635.00030610.710.000   135.000 41.310.000 The execution of the buyback program is in accordance with the Act on Public Limited Companies No 2/1995, Article 5 of the Regulation of the European parliament and of the Council No. 596/2014, on market abuse, the Commissions Delegated Regulation No. 2016/1052...

 PRESS RELEASE

Festi hf.: Endurkaup vika 39

Festi hf.: Endurkaup vika 39 Í 39. viku 2025 keypti Festi alls 135.000 eigin hluti fyrir 41.310.000 kr. eins og hér segir: VikaDagsetningTímasetning viðskiptaKeyptir hlutirViðskiptaverðKaupverð (kr)3923.9.202510:30:5350.00030715.350.0003924.9.202514:38:1450.00030515.250.0003925.9.202514:57:0635.00030610.710.000   135.000 41.310.000 Framkvæmd endurkaupaáætlunarinnar er í samræmi við lög um hlutafélög nr. 2/1995, 5. gr. reglugerðar Evrópuþingsins og ráðsins (ESB) um markaðssvik nr. 596/214, framselda reglugerð framkvæmdastjórnarinnar 2016/1052, samanber lög um aðgerðir gegn markaðssvikum nr. ...

 PRESS RELEASE

Festi hf.: Buyback program week 38

Festi hf.: Buyback program week 38 In week 38 2025, Festi purchased in total 140,000 own shares for total amount of 42,740,000 ISK as follows: WeekDateTimePurchased sharesShare pricePurchase price3815.9.202514:00:5840.00030712.280.0003816.9.202511:45:2240.00030712.280.0003817.9.202515:10:5330.0003039.090.0003818.9.202514:55:0430.0003039.090.000   140.000 42.740.000 The execution of the buyback program is in accordance with the Act on Public Limited Companies No 2/1995, Article 5 of the Regulation of the European parliament and of the Council No. 596/2014, on market abuse, the Commissions De...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch