SKEL Skeljungur hf.

Skeljungur hf.: Restructuring and organizational changes at Skeljungur

Skeljungur hf.: Restructuring and organizational changes at Skeljungur

The Board of Directors of Skeljungur hf. today approved a new organization chart for the Company on the recommendation of the CEO. The objective of the structural change is to streamline the Company’s operation, shorten lines of communication and improve operational efficiency. In addition, the change is a response to the Company’s current operating environment.

The principal changes are that functions are shifted between divisions, with the effect that the number of positions with the company will be reduced by 20; the changes involve all the divisions of the Company.

The cost of the changes is estimated at 100 million ISK, which will be charged to the first quarter of the year.

There will be no changes in the executive board, but the principal changes in functions between divisions are the following under the new organization chart:

Þórður Guðjónsson, Chief Sales Officer, will take over fuel distribution, which previously formed a part of Operations, and continue to supervise sales of fuel and lubricants to fisheries corporations, aviation companies and overland transport companies, and the service centre.

Már Erlingsson, Chief Executive Officer will be in charge of procurement and inventory, instead of operations.

Karen Rúnarsdóttir, Chief Retail Officer, will take over the functions of Operations, in addition to continuing her supervision of the Orkan service stations, Kvikk, 10-11, Extra and procurement.

Gróa Björg Baldvinsdóttir, Head of Legal & Compliance and member of the Executive Board will take the post of Chief of Governance and Quality. Human resources and corporate culture, quality, security and environmental affairs, that previously fell under the domain of Finance, will be transferred to Gróa, as well as governance and strategy.

Ólafur Þór Jóhannesson will continue to head the Finance division as Chief Financial Officer, which encompasses reception, accounting and information technology. In addition, Ólafur Þór will serve as Vice CEO, a position formerly held by Már Erlingsson.

Attached is a new organization chart that will take effect on 1 March 2021.

For further information, please contact Árni Pétur Jónsson, CEO .



Attachment



EN
26/02/2021

Underlying

SKELSkeljungur hf.

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

Reports on Skeljungur hf.

 PRESS RELEASE
Free
SKEL SKELJUNGUR HF.

SKEL fjárfestingafélag hf.: Allocation of stock options

SKEL fjárfestingafélag hf.: Allocation of stock options The Board of Directors of SKEL has decided to grant certain employees of the company stock options for up to 3,591,141 shares in the company. The stock option agreements are granted with the purpose of aligning the long-term interests of the company and its employees. The terms of the stock option agreements are in accordance with the stock option plan and the remuneration policy approved at the company’s Annual General Meeting on 7 March 2024, where the shareholders authorized the Board to allocate stock options to employees of the c...

December 19, 2025 1 EN
 PRESS RELEASE
Free
SKEL SKELJUNGUR HF.

SKEL fjárfestingafélag hf.: Úthlutun kauprétta

SKEL fjárfestingafélag hf.: Úthlutun kauprétta Stjórn SKEL hefur ákveðið að veita tilteknum starfsmönnum félagsins kauprétti að allt að 3.591.141 hlutum í félaginu. Kaupréttarsamningarnir eru veittir í því skyni að samtvinna hagsmuni félagsins og starfsmanna til lengri tíma. Skilmálar kaupréttarsamninganna eru í samræmi við kaupréttaráætlun og starfskjarastefnu sem samþykkt var á aðalfundi félagsins þann 7. mars 2024, þar sem hluthafafundur samþykkti að veita stjórn heimild til að úthluta kaupréttum starfsmanna félagsins, annarra en þeirra lykilstjórnenda er fengu úthlutaða kauprétti á gru...

December 19, 2025 1 EN
 PRESS RELEASE
Free
SKEL SKELJUNGUR HF.

SKEL fjárfestingafélag hf.: The equity offering of Drangar hf. is comp...

SKEL fjárfestingafélag hf.: The equity offering of Drangar hf. is completed SKEL fjárfestingafélag hf. announced on 18 July 2025 that settlement regarding the purchase of share capital in Samkaup had been completed. Subsequently, Drangar hf., the parent company of Orkan, Lyfjaval and Samkaup, commenced operations. In recent weeks, the company has been presented to professional investors as an investment opportunity in connection with a share capital increase. Signed subscription commitments amounting to ISK 3.6 billion have been received, whereas the objective was to raise ISK 3 billion. A...

November 28, 2025 1 EN
 PRESS RELEASE
Free
SKEL SKELJUNGUR HF.

SKEL fjárfestingafélag hf.: Hlutafjárútboði Dranga hf. er lokið

SKEL fjárfestingafélag hf.: Hlutafjárútboði Dranga hf. er lokið SKEL fjárfestingafélag hf. tilkynnti 18. júlí 2025 að uppgjöri vegna kaupa á hlutafé í Samkaupum væri lokið. Í kjölfarið hófu Drangar hf., móðurfélag Orkunnar, Lyfjavals og Samkaupa, starfsemi. Undanfarnar vikur hefur félagið verið kynnt fagfjárfestum sem fjárfestingakostur vegna aukningar hlutafjár. Borist hafa undirrituð áskriftarloforð að fjárhæð 3,6 milljarða króna, en markmiðið var að safna 3 milljörðum króna. Samhliða nýtti Íslandsbanki hf. kauprétt sem bankinn hafði vegna sölutryggingar og SKEL rétt til skuldbreytingar ...

November 28, 2025 1 EN
 PRESS RELEASE
Free
SKEL SKELJUNGUR HF.

SKEL fjárfestingafélag hf.: Styrkás signs an agreement to acquire Hrei...

SKEL fjárfestingafélag hf.: Styrkás signs an agreement to acquire Hreinsitækni and HRT Þjónusta Styrkás hf., a company 45.7% owned by SKEL, has today signed an agreement to acquire all shares in Hreinsitækni ehf., HRT þjónustu ehf., and related companies. The share purchase agreement is subject to customary conditions, including the approval of the Icelandic Competition Authority. The Hreinsitækni group is a leading provider of environmental and infrastructure services for municipalities and businesses, with facilities and an equipment fleet in four regions of Iceland. The group employs ap...

November 6, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch