Landsvirkjun chair says ministry proposed postponing CEO meeting

Landsvirkjun board chair Brynja Baldursdóttir says the finance ministry proposed postponing a meeting that then-chief executive Hörður Arnarson had requested with the minister, according to a response to mbl.is. She says the ministry suggested holding an information meeting with the board first.

Arnarson has said Baldursdóttir asked to change the planned meeting so that he would not attend and the minister would meet the board instead. Finance Minister Daði Már Kristófersson has rejected that account, saying there were two separate meetings.

Baldursdóttir says she informed the board and Arnarson by email on 22 December that the meeting with the chief executive would be postponed. The board had received a detailed briefing in November 2025 on rules governing Landsvirkjun’s communications with its owner.

At a meeting with the minister in January, they discussed communication between the owner and the board and formalising information meetings, she says. The following day, she emailed Arnarson about the meeting, and they agreed to review its discussion points at a status meeting on 9 January 2026.

Baldursdóttir says the ministerial meeting and its contents were recorded, along with the meeting minutes, at a board meeting on 23 January, attended by Arnarson. At that meeting, the board also requested a review of its operating rules. She says Arnarson later attended meetings with her at the ministry in February and April 2026, and that the board stands by its view that its communications with the ministry followed the applicable rules.