Tómas Már Sigurdsson appointed as Chief Executive Officer of HS Orka


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HS Orka, Iceland’s leading private renewable energy company, has appointed Tómas Már Sigurdsson as Chief Executive Officer. He will take up his new role in January 2020.

Mr Sigurdsson joins HS Orka following a successful career at Alcoa, where he was most recently Senior Vice President with responsibility for the company’s strategic alliances.

Bjarni Thordur Bjarnason, Chairman of HS Orka, commented:

Tómas has broad experience in Iceland’s energy market as well as in project management and strategic planning, both domestically and abroad. His expertise will be invaluable as we take HS Orka through its next phase of growth.”

Mr Sigurdsson commented:

I am delighted to be joining HS Orka. The company has been a pioneer in geothermal energy production and innovation and gained worldwide recognition for its Resource Park concept which is a great example of how we can use natural resources in a sustainable manner to benefit the community and the environment. I am excited about the opportunities that lie ahead for the company and to work with HS Orka’s exceptional team.

Mr. Sigurdsson worked at Alcoa for 15 years where he held roles including President for Alcoa in Iceland, Europe and the Middle East, and Executive Vice President and Chief Operating Officer for the company worldwide. Prior to joining Alcoa, Mr Sigurdsson was Technical Director at the Norðurál aluminum plant. Mr Sigurdsson has a degree in environmental engineering from the University of Iceland and a master’s degree from Cornell University in the United States. He has served on the board of various companies and organizations, including as President of The Iceland Chamber of Commerce (2009-2012), board member for The Federation of Icelandic Industries (2005-2011) and board member for Europe Aluminum, the aluminum industry association.

For more information, please contact Finnur Beck, interim CEO, tel. +354 855 9306.