It is a pleasure to announce that Sveinn Hannesson has been hired as CEO of Iceland Drilling Company and will start within 2 months. Sveinn is a Mechanical and Industrial Engineer from University of Iceland and has substantial management experience from international organisations. Last 8 years he has acted as CEO of Crayon in Iceland as well as leading other North European branches. Crayon is an international IT company with headquarters in Oslo.

We welcome Sveinn to Iceland Drilling Company.

Guðjón Ásmundsson CFO remains Acting CEO until Sveinn assumes his new position.