Lydur Gudmundsson
Non-executive Chairman

Lydur founded Bakkavor Group with his brother Agust in 1986 and has served on its Board of Directors since its founding. He served as Chief Executive Officer of Bakkavor Group from 1986 to 2006, and has served as the Chairman of the Board of Directors since 2006. Lydur was educated at the Commercial College of Iceland.

Agust Gudmundsson
Chief Executive Officer

Agust founded Bakkavor Group with his brother Lydur in 1986 and has served on the Board of Directors since the Company's founding. He has served as Chief Executive Officer of Bakkavor Group since 2006, having previously served as the company's Executive Chairman between 1986 and 2006. Agust was educated at the College of Armuli in Reykjavík, Iceland.

Halldor B. Ludvigsson
Non-executive Director

Halldor was elected to the Bakkavor Group Board of Directors in May 2010. He serves as a Managing Director at Arion Banki's corporate finance division. Before Halldor joined the bank, he held various management positions, including serving as the CEO of Maritech, an international technology company. He holds a master's degree in Mechanical Engineering and a BSc in Computer Science from the University of Iceland. He is a member of the board of Atorka hf., Klakki ehf., Eignabjarg ehf., Landey ehf. and Interbulk plc.

Bjarni Th. Bjarnason
Non-executive Director

Bjarni was elected to the Group's Board of Directors in May 2010. He is the Deputy CEO and one of the founders of Arctica Finance hf., an advisory firm in Iceland. Bjarni has held various corporate advisory positions in Icelandic banks, serving last as head of corporate advisory at Landsbanki from 2003 to 2008. He is a member of the Board of Arvakur hf., Byrjun ehf., Arctica Eignarhaldsfelag ehf., SMI ehf., Viti fjarfestingafelag ehf. and Þorsmork ehf. Bjarni holds a BSc. degree in Mechanical Engineering from the University of Iceland and an MBA from Southern Methodist University.

Gudmundur I. Sigurdsson
Non-executive Director

Gudmundur was elected to the Bakkavor Group Board of Directors on 25 September 2012. From May 2010 to September 2012, he served as an alternate Director to the Bakkavor Group Board. Gudmundur is a partner at Lex law offices, an Icelandic legal firm, where he is an Attorney at Law. He holds a Cand jur. degree from the Faculty of Law of the University of Iceland and a Masters degree in Law (LL.M) from Duke University School of Law. Gudmundur is admitted to practise before the District Court in Iceland, and from March 2013 he is admitted to practise before the Supreme Court of Iceland.