Board of directors

Chairman

Thor Bjorgolfsson
Thor Bjorgolfsson is the largest shareholder in Actavis. He has been a member of the Actavis Board since 1999 and Chairman since 2000. An entrepreneur and international investor living in the UK, Thor is the founder of the London investment firm Novator. Thor has significant interests in telecommunication companies in Finland, Poland, Bulgaria and Greece; in real estate projects in Denmark, Iceland, Spain, Croatia and Bulgaria; and in financial service companies in Iceland and Bulgaria. He is also Chairman of the Board of Straumur-Burdaras Investment Bank in Iceland.

Directors

Andri Sveinsson
Andri Sveinsson joined the Board in 2004. He is the Chief Financial Officer and a Partner of Novator Partners LLP. Andri has been a member of the Board of Landsbanki since 2003 and now serves as an alternate member of the Board. He holds a cand. oecon. degree from the University of Iceland and has worked in the banking and investment community since 1996.

Birgir Már Ragnarsson
Birgir Már Ragnarsson is a Partner and General Counsel of Novator Partners LLP. He graduated from the Law Faculty of the University of Iceland in February 1999 and became a member of the Icelandic Bar Association in 2000. In June 2003, he earned a Masters Degree (LLM) from Harvard Law School where he specialised in International Finance. His previous experience includes postions as Partner at Lex-Nestor Law Offices, CEO of Audkenni, Senior Attorney at the Icelandic Financial Supervisory Authority, and Legal Adviser with the Icelandic Ministry of Industry and Commerce. Birgir Már is a board member of various companies, including Vice Chairman of Straumur-Burdars Investment Bank.

Robert Wessman
Robert Wessman joined the board in April 2007. He was the President and CEO of Actavis from 2002, following the merger with Delta, where he had served as CEO since 1999, until August 2008. Under Robert’s leadership, Actavis experienced phenomenal growth, from being a small domestic company in Iceland to becoming one of the largest companies in the generics industry. A business administration graduate and lecturer at the University of Iceland, Robert worked previously at Icelandic transportation company Samskip, advancing to the post of CEO in Germany. Robert is also a Board member of the Iceland Chamber of Commerce.