Corporate Governance

Board

The company’s board is composed of five primary members and one alternate, elected for one year at a time at the general meeting. The board elects a chair and vice-chair from the group of members. The board of Bera hf. operates according to previously determined and clear working procedures. The company is a limited company and adheres to regulations that apply to such companies. The board’s subcommittees are the remuneration committee and audit committee, both of which are composed of three individuals. Bera’s executive committee is composed of the company’s managing directors along with the CEO.

Sigríður Elín Sigfúsdóttir

Board member

Gerður Huld Arinbjarnardóttir

Board member

Andri Þór Guðmundsson

Chairman of the board

Rannveig Eir Einarsdóttir

Board member

Magnús Árnason

Board member

The board’s subcommittees

Audit committee

The audit committee is elected by the company’s board and one of its three members is independent from the company. Margrét Flóvenz, who is chair, Gerður Huld Arinbjarnardóttir, board member, and Sigríður Elín Sigfúsdóttir, board member, have a seat on the audit committee.

Remuneration committee

The remuneration committee is elected by the company’s board. Magnús Árnason, who is chair, and Rannveig Eir Einarsdóttir, board member, have a seat on the remuneration committee.

Bera Organizational chart

Organizational chart

Bera’s subsidiaries operate as independent and specialized business units, each built on a strong foundation of expertise and experience. The parent company provides shared services across the group, including human resources, finance, digital development, information technology, quality management, sustainability, procurement, and warehouse operations.