Executive Team

Chief Executive Officer

Arni Oddur Thordarson

Arni Oddur Thordarson took up his current position as Marel’s CEO in November 2013 after having served as Chairman of Marel’s Board of Directors from 2005. He co-founded Eyrir Invest in 2000 and was the company's CEO until 2013. Thordarson has extensive international global business experience and has served as a non-executive director of various companies, including Fokker Technologies and Stork Technical Services.

EDUCATION MBA, IMD, Switzerland Cand. Oecon., Business Administration, University of Iceland

HOLDINGS IN MAREL 139,878 shares Other holdings: 17.9% of total outstanding shares in Eyrir Invest, Marel’s largest shareholder (Eyrir Invest holds 24.7% of total shares in Marel)

Chief Financial Officer

Linda Jonsdottir

Linda Jonsdottir has been Marel's CFO since 2014. Before that she was Marel’s Corporate Director of Treasury and Investor Relations. Prior to joining Marel, Jonsdottir worked in treasury and financing for Eimskip, Burdaras and Straumur Investment Bank. She was a director of the Icelandic Enterprise Investment Fund from 2010 to 2015.

EDUCATION MSc, Finance, Reykjavik University Cand. Oecon., Business Administration, University of Iceland

HOLDINGS IN MAREL 339,817 shares

Chief Strategy Officer and Executive Vice President of Strategic Business Units

Arni Sigurdsson

Arni Sigurdsson is responsible for Strategy & Development, including M&A as well as the Strategic Business Units, Cross-Industry, Prepared Foods and Innova Software. He serves on the board of Worximity Technology Inc. in Canada and Curio ehf. in Iceland. Before joining Marel in 2014, he worked at AGC Partners, an investment bank. Before that Mr. Sigurdsson worked at Landsbanki Islands, where he worked closely with Marel for over three years and was instrumental in advising Marel on the acquisition of Stork Food Systems.

EDUCATION MBA, Harvard Business School BSc, Industrial Engineering, University of Iceland

HOLDINGS IN MAREL 217,317 shares

Executive Vice President of Marel Fish

Gudbjorg Heida Gudmundsdottir

Gudbjorg Heida Gudmundsdottir took up her current position in March 2020. She joined Marel in 2011 and served most recently as a Local Manager for Marel in Iceland. Prior to that, she was Innovation Cluster Manager for Iceland and the UK. Within Marel, Gudmundsdottir has led strategic projects within Innovation and Marel Fish.

EDUCATION MSc, Industrial Engineering, University of Iceland BSc, Mechanical Engineering, University of Iceland

HOLDINGS IN MAREL 0 shares

Executive Vice President of Marel Poultry

Roger Claessens

Roger Claessens joined the Executive Team in September 2019. He has been with Marel and its predecessors since 2001, most recently as Director of Innovation Marel Poultry. Roger has a broad knowledge of poultry processing and innovation, having also served as Product Specialist and Manager Process Technology for Marel.

EDUCATION MSc, Agricultural Engineering, Wageningen University

HOLDINGS IN MAREL 0 shares

Executive Vice President of Marel Meat

David Wilson

Following decades of experience in the food industry, David Wilson began in his current position in 2012. He has been with Marel and its predecessors since 1998. Wilson was Senior Vice-President for the Marel Poultry Industry Center in Gainesville until 2012. Before that, he served as Vice-President of Sales and Marketing and as a Regional Sales Manager.

EDUCATION MSc, Animal Science, Aberdeen University BSc (Hons), Agricultural and Business Management, Aberdeen University

HOLDINGS IN MAREL 195,857 shares

Executive Vice President of Global Supply Chain

Folkert Bölger

Folkert Bölger assumed his current position in 2017. Bölger has extensive global managerial experience in supply, procurement and operational positions. Before joining Marel, he was Vice-President of Operations and Procurement at Bang & Olufsen in Denmark. Bölger held various management positions at Philips and Siemens-VDO in Asia, Central Europe and Western Europe.

EDUCATION MSc, Mechanical Engineering, Delft University of Technology CPIM, American Production and Inventory Control Society (APICS)

HOLDINGS IN MAREL 17,862 shares

Executive Vice President of Innovation

Anna Kristin Palsdottir

Anna Kristin Palsdottir joined the Executive Team in March 2020. Since joining Marel in 2015, Palsdottir has held various managerial roles within Innovation. Most recently, she was Innovation Director for the Cross Industry. Her broad experience in Innovation prior to that include Innovation Manager for X-ray solutions and Infrastructure Manager.

EDUCATION MSc, Production Engineering, Technical University of Berlin BSc, Engineering Management, Reykjavik University

HOLDINGS IN MAREL 0 shares

Executive Vice President of Global Markets and Service

Ulrika Lindberg

Ulrika Lindberg joined Marel in 2018. She has wide-ranging managerial experience in senior sales and service positions at large international organizations. Before joining Marel, she was Vice President of Global Service at Alfa Laval and held various management positions worldwide for Alfa Laval and Tetra Pak.

EDUCATION BSc, Business and Administration, University of Lund

HOLDINGS IN MAREL 0 shares