Olafur S. Gudmundsson

Dr Olafur S. Gudmundsson has been on Marel's Board of Directors since 2014 and its vice-chairman since 2021.


Dr Olafur S. Gudmundsson is currently the Head of Discovery Pharmaceutics and Analytical Sciences at Bristol-Myers Squibb (BMS), a global biopharmaceutical company. For more than two decades, Dr Gudmundsson has held roles of increasing responsibility within research and development, covering multiple therapeutic areas and stages of drug discovery, both for Bristol-Myers Squibb and Genentech Inc.

During his tenure at BMS, Dr Gudmundsson has helped bring multiple drug candidates to clinical trials, several of which have become marketed products. In his time within the pharmaceutical industry, Dr Gudmundsson’s responsibilities have included involvement with global portfolio strategy, evaluation of external acquisitions, strategic innovations, and integration of merged companies. Dr Gudmundsson has participated in governance teams providing input on global portfolio optimization and prioritization, lead process optimization teams and chairing integration teams.

Dr Gudmundsson is also associated with the graduate program of the Pharmaceutical Chemistry department at Purdue University. Currently, Dr Gudmundsson is a Board member of Eyrir Invest, Marel's largest shareholder, as well as Glo and Noruz ehf.

He has no interest links with Marel's main customers.


  • PhD, Pharmaceutical Chemistry, University of Kansas
  • Cand. pharm., Pharmacy, University of Iceland


  • 2021 Vice-Chairman
  • 2014 Board Director


  • Remuneration Committee
  • Nomination Committee

Holdings in Marel

  • 1,705,427 shares (as of year-end 2020)

Our leadership