Gunnar Már Sigurfinnsson steps down as Icelandair Cargo’s MD

Icelandair Cargo’s managing director Gunnar Már Sigurfinnsson has resigned from his post after having worked as part of the Icelandair Group for over 20 years.

The resignation will become effective immediately, but Sigurfinnsson will continue to work within the company in the upcoming months and carry out a handover period with his successor, said Icelandair Group.

Einar Már Guðmundsson, director of Icelandair’s technical operations, will become the interim managing director of Icelandair Cargo and a member of Icelandair Group’s Executive Committee while holding the interim position.

A formal process will now be initiated to search for the future managing director of the company.

Guðmundsson has worked for Icelandair since 2015 as a director of the company’s technical operations. Previously, he was the leader of procurement at Rio Tinto Alcan (ISAL) for three years, and before that he was the operations manager of Skeljungur.

Bogi Nils Bogason, president and chief executive of Icelandair Group, said: “Gunnar Már has been an important team member at Icelandair for decades where he has served in various important roles within the Company. He has been part of Icelandair’s Executive Management since 2005 where he served as Chief Commercial Officer for a total of over 5 years.

“He has then successfully led Icelandair Cargo for 15 years where he played a vital role during the Covid-19 pandemic by seizing opportunities within the cargo business and generating important revenue while Icelandair was facing unprecedented difficulties.

“On behalf of the Icelandair team, I want to thank Gunnar Már for his invaluable service throughout the years and I look forward to continuing working with him on the important projects that we have ahead of us in the upcoming months.”