Board of Directors
The Board consists of five Directors and two alternate Directors and they are all elected annually at the Annual General Meeting.
The Board's work and procedures
The rules of procedure of the Board are set on the basis of Act no. 2/1995 on Public Limited Companies.
The role of the Remuneration Committee includes preparing the Company’s remuneration policy and ensuring its enforcement and negotiating with the CEO on wages and other employment terms. The role and main responsibilities of the Remuneration Committee are set out in its rules of procedure.
Members of the Remuneration Committee are:
Hrund Rudolfsdóttir Chairman
The principal duties of the Audit Committee are to review all financial information and procedures regarding information disclosure from day-to-day management and the Company’s independent auditors and to ensure the independence of the Company’s independent auditors. The role and main responsibilities of the Audit Committee are set out in its rules of procedure.
Members of the Audit Committee are:
Lárus L. Blöndal, Chairman
Ólafur Viggó Sigurbergsson
Chief Executive Officer
Corporate Governance Statement
A statement on Eimskip's corporate governance is approved at a board meeting once every year.
Yfirlýsing um stjórnarhætti Eimskips var samþykkt á stjórnarfundi þann 28. febrúar 2019.
Code of conduct
Eimskip's Code of conduct was approved at a Board Meeting on February 22, 2018, and applies to all Eimskip's employees and managers.