Asthildur Otharsdottir

Mrs. Otharsdottir has been on Marel's Board of Directors since 2010 and its Chairman since 2013.

Chairman of the Board

Asthildur Otharsdottir is an independent advisor and board director. She is the Chairman of the Board of Frumtak Ventures investment fund and a director of Promote Iceland. Otharsdottir is on the Board of Governors of the University of Iceland, the board of the Nordic Arbitration Centre at the Icelandic Chamber of Commerce and the board of Women Corporate Directors. She is a former director and chairman of the audit committee of Icelandair Group and several other organizations. Otharsdottir served as the Global Director of Corporate Development at Össur hf., where she managed several international acquisitions, corporate funding, investor relations and the dual listing of the company’s shares on Nasdaq Copenhagen. Prior to that, she served as a Senior Manager in Corporate Banking at Kaupthing Bank as well as a management consultant at Accenture in Copenhagen.

She has no interest links with Marel's main customers, competitors or major shareholders.


  • MBA, Rotterdam School of Management, the Netherlands
  • Cand. Oecon., University of Iceland


  • 2013 Chairman of the Board
  • 2012 Vice Chairman
  • 2011 Chairman of the Audit Committee
  • 2010 Director


  • Remuneration Committee (chair)
  • Nomination Committee


  • 32,000 shares (as of year-end 2019)

Our leadership