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Nov 20, 2017 (newstodate): The Icelandair Group's Board of Directors has decided to make structural changes at the company.
After the changes, the operations of Icelandair Group and Icelandair will be integrated under one CEO and the finance departments of the companies will be combined.
The CEO of the company will be Bjorgolfur Johannsson and the CFO will be Bogi Nils Bogason.
Following the changes, two subsidiaries of Icelandair Group, IGS and Icelandair Cargo will become part of Icelandair but both companies are now subsidiaries of Icelandair Group.
After the implementation of the new structure, Birkir Holm Gudnason will leave the position of CEO, Icelandair.
The changes are intended to lead to a clearer focus on the core business of the group, and the integration will facilitate simpler and more efficient operations, the company says in a release.
After the changes, the operations of Icelandair Group and Icelandair will be integrated under one CEO and the finance departments of the companies will be combined.
The CEO of the company will be Bjorgolfur Johannsson and the CFO will be Bogi Nils Bogason.
Following the changes, two subsidiaries of Icelandair Group, IGS and Icelandair Cargo will become part of Icelandair but both companies are now subsidiaries of Icelandair Group.
After the implementation of the new structure, Birkir Holm Gudnason will leave the position of CEO, Icelandair.
The changes are intended to lead to a clearer focus on the core business of the group, and the integration will facilitate simpler and more efficient operations, the company says in a release.