CEO of Icelandic giant Brim resigns; hunt is on for replacement

Chairman of the board will take up the duties of the CEO temporarily.

Guðmundur Kristjánsson at the HB Grandi site at the Reykjavík Harbour.Foto: HB Grandi

Dominic Welling

Gudmundur Kristjansson has decided to step down as CEO of Icelandic fishing giant Brim for personal reasons.

Kristjan P. Davidsson, chairman of the board, will take up the duties of the CEO temporarily until a new CEO has been appointed, the company said in a statement.

Gudmundur will continue to sit on the board of directors of the company.

He has been CEO of the company, previously named HB Grandi, since June 2018.

Guomundur is the majority owner of Utgeroarfelag Reykjavikur, Brim's largest single owner.