Arnar Thor Masson

Arnar Thor Masson has been on Marel's Board of Directors since 2001, was its vice-chairman from 2013-2021, and became its Chairman in 2021.

Chairman of the Board

Arnar Masson, born in 1971, is an independent advisor and board member. Masson is currently on the board of directors of Siminn, the largest telecom company in Iceland, listed on Nasdaq Iceland, where he also serves on the remuneration committee, and he is a board member of Festa – center for sustainability in Iceland.

Masson was Chief Human Resources and Strategy Officer at Isavia, a company that handles the operations and development of all airports in Iceland. Prior to that he was an alternate director at the European Bank for Reconstruction and Development (EBRD) in London, an investment and development bank that works primarily with private sector clients in developing economies.

Before joining EBRD Masson worked in the Government Offices in Iceland. First as Deputy Director General in the Ministry of Finance and later as a Director-General in the Prime Minister’s Office in Iceland. From 2000-2008 Masson held an adjunct lecturer position at the Department of Political Science of the University of Iceland. Masson has experience in strategy development and implementation, human resources, ESG, M&A, political affairs and has worked with emerging markets. He has done executive courses for board directors both at Harvard Business School in the US and IMD in Switzerland.

Masson has no interest links with the Company’s main customers, competitors or major shareholders.

Education

  • MSc, Comparative Politics, London School of Economics and Political Science
  • BA, Political Science, University of Iceland

Board of directors

  • Chairman of the Board since 2021
  • Vice-chairman 2013-2020
  • Board Director since 2001

Sub-committees

  • Remuneration Committee (chair)
  • Nomination Committee

Holdings in Marel

  • 250,000 shares (as of 30 August 2022)

Our leadership

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