HB Grandi CEO Eggert Benedikt Gudmundsson is due to move on from the company after eight years.
He joined HB Grandi as the company’s marketing manager in July 2004 and took over as CEO in February the following year.
He leaves the company on July 31 2012 and, according to reports from Iceland, takes over as CEO of fuel company N1 on Sept. 1.
He leaves a company performing well.
Revenues through 2011 came to €183.70 million ($225.2 million), up from €144.80 million ($177.5