Brynjolfur Bjarnason, the acting CEO of the company who took on the position on a temporary basis earlier this year after the resignation of Finnbogi Baldvinsson, tendered his resignation at a board meeting on Sept. 7.

The post of CEO will be advertised, the company said.

A source with knowledge of the company was skeptical as to why anyone would want to take the job.

“It won’t be for long, as the company is being sold,” he told IntraFish. Bjarnason and Finnbogi Jonsson, CEO of Enterprise Investment Fund (FSI), reportedly disagreed on the future strategy and manner of the sale process, said the source.

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