Icelandair's Executive Committee

Bogi Nils was appointed CEO of Icelandair Group in December 2018 after having served as the Chief Financial Officer since 2008. He was the CFO of Askar Capital from January 2007 until he joined Icelandair Group and the CFO of Icelandic Group from 2004-2006. Bogi Nils served as an auditor and partner at KPMG in Iceland during the years from 1993-2004. Bogi Nils holds a Cand Oecon degree in Business from the University of Iceland and became licensed as a chartered accountant in 1998.

Additionally, since September 2025 Bogi Nils Bogason is serving as the interim Chief Operating Officer.

Árni was appointed Managing Director of Loftleiðir Icelandic in January 2018 after having served as the Chief Financial Officer of the Company since 2002. Prior to that he was Chief Financial Officer of the Icelandic technology companies ANZA and Alit. He holds a Cand. Oecon Degree in Business Administration from the University of Iceland.

Einar Már Guðmundsson was appointed Managing Director Air Freight and Logistics in September 2023. He has worked for Icelandair since 2015 as a Director at the company’s Technical Operations. Previously, Einar Már was the Leader of Procurement at Rio Tinto Alcan (ISAL) for three years and before that he was the Operations Manager of Skeljungur. Einar Már has an MBA degree from Copenhagen Business School and a BS degree in Science of Fisheries from the University of Akureyri.

Elísabet Helgadóttir was appointed Chief Human Resources Officer in January 2018. She worked in Human Resource Management at Islandsbanki since 2007 and as the Head of Career Development for the last five years. Her tasks at Islandsbanki included supervision of all staff education and training, management training, executive coaching and performance management. From 2000 to 2007 she worked for Capacent Gallup on research and consultancy. Elisabet completed a BA. Degree in Psychology at the University of Iceland in 2000 and a degree in Human Resource Management at the EADA Business School in Barcelona in 2007. 

Ívar S. Kristinsson was appointed Chief Financial Officer in May 2021. He has been with the Company since 2010, his last position as Director in Finance, previous to that he served as the Managing Director of Icelandair’s Fleet and before that as the Managing Director of Resource Management. Prior to that, he was a Director in Operations at Promens from 2006 to 2008 and Project Manager at Icelandair from 2000 to 2005. Ivar holds an MSc. Degree in Industrial Engineering from University of Iceland and an MBA in Corporate Finance from University of North Carolina, Chapel Hill.

Rakel has served as Chief Digital Officer since March 2022 and assumed the additional role of Chief Transformation Officer in June 2024. She joined Icelandair from pharmaceutical company Alvotech where she served as Chief Information Officer (CIO). Before that she was CIO and VP of Global Program Management Office at the international orthopedics company Össur. Prior to that, Rakel worked for 14 years at Arion Bank where she served as Managing Director of Corporate Development and Marketing from 2011 and was CIO from 2016 where she led the successful digital transformation of the bank. Rakel has an MBA from Duke University in the US and a B.Sc. degree in computer science from the University of Iceland.

Tómas was appointed Chief Commercial Officer in August 2023. Previously, Tómas served as Chief Revenue Officer since November 2021. From February 2019 to November 2021, Tómas was Chief Information Officer and assumed additional responsibilities for Network and Strategy as Chief Business Development Officer in April 2020. He was Chief Commercial Officer of WOW air in 2018 and Director of Rapid Digitization at Arion Bank between 2016 and 2018. Tómas was the Chief Business Development Officer of WOW air in 2014. Prior to that he was a Management Consultant at Bain & Company in Copenhagen and served as the Director of Revenue Management and Pricing at Icelandair for several years. Tómas holds an MBA Degree from MIT Sloan School of Management in Boston, MSc. Degree of Engineering in Logistics and Supply Chain Management and a BSc. Degree in Industrial Engineering from the University of Iceland.