Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  NASDAQ OMX ICELAND  >  Origo hf.    ORIGO   IS0000000396

ORIGO HF.

(ORIGO)
  Report
SummaryQuotesNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

Origo : Finnur Oddsson leaving his position as CEO of Origo hf.

05/08/2020 | 09:44am EST

Finnur Oddsson has given notice of his decision to resign as CEO of Origo and will leave the Company this summer to pursue other opportunities. Until that time, Finnur will remain with the Company to support and advise the Board of Directors until a new CEO has been found.

Hjalti Þórarinsson, Chairman of the Board of Origo

Finnur has been with the Company since 2012 and took over as CEO in 2013. Finnur led the Company, in collaboration with a strong group of employees, through a period of extensive transformation, and today Origo stands as one of the top IT companies in Iceland, whether in terms of the talent of its staff or market position. Although the economy has now been thrown into a period of uncertainty, its future development and advancement will inevitably be based on information technology. This is where Origo's position is particularly strong. As may be seen from the Company's first quarter results, Origo has improved its financial position substantially in recent years, while at the same time building up a solution offering that presents terrific opportunities for the future. We therefore believe that the long-term prospects of Origo are bright. The Origo Board of Directors would like to thank Finnur for his contribution to the Company and for his valued collaboration over the past several years. We wish him all the best in future endeavours.

Finnur Oddsson, CEO of Origo

It has been a privilege to have been part of building Origo over the past 7 years together with a large group of outstanding employees, customers and partners. Origo has matured and prospered during this time, its various businesses were combined under a single, powerful brand, investment in development has yielded real results and the operations have performed well. The Company's market value has multiplied, and the sale of a stake in Tempo delivered excellent returns to shareholders while at the same time solidifying the Company's financial position for the future. I am grateful to all of the wonderful staff at Origo that I have been so fortunate to work with, which are the people who deserve all the credit for the Company's favourable position and will help the Company thrive and grow over the coming years.

For further information, please contact Hjalti Þórarinsson, Chairman of the Board, at hjalti@alum.mit.edu.

Disclaimer

Origo hf. published this content on 07 May 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 May 2020 13:43:01 UTC


© Publicnow 2020
All news about ORIGO HF.
01/12OUR NEXT BIG PROJECT : Vaccinations against COVID-19
PU
2020DRONES : time to add them to your workforce?
PU
2020ORIGO : Investor presentation
PU
2020ORIGO HF. - PRESENTATION FOR INVESTO : 30 a.m.
PU
2020ORIGO : Management Changes at Applicon AB
PU
2020ORIGO : Why is cybercrime becoming increasingly sophisticated ?
PU
2020ORIGO HF. - PRESENTATION FOR INVESTO : 30 a.m.
PU
2020ORIGO : Jón Björnsson is the new CEO of Origo
PU
2020ORIGO : Finnur Oddsson leaving his position as CEO of Origo hf.
PU
2020ORIGO HF. : Ex-dividend day for final dividend
FA
More news
Financials
Sales 2019 14 845 M 115 M 115 M
Net income 2019 685 M 5,29 M 5,29 M
Net Debt 2019 1 517 M 11,7 M 11,7 M
P/E ratio 2019 17,4x
Yield 2019 -
Capitalization 17 481 M 136 M 135 M
EV / Sales 2018 0,60x
EV / Sales 2019 0,92x
Nbr of Employees 493
Free-Float 72,3%
Chart ORIGO HF.
Duration : Period :
Origo hf. Technical Analysis Chart | ORIGO | IS0000000396 | MarketScreener
Income Statement Evolution
Managers and Directors
NameTitle
Ívar Kristjánsson Chairman
Linda Björk Waage Managing Director-Operation & Infrastructure
Gunnar Már Petersen Chief Financial Officer
Guđmundur Jóhann Jónsson Vice Chairman
Hildur Dungal Director
Sector and Competitors
1st jan.Capitalization (M$)
ORIGO HF.0.75%136
TATA CONSULTANCY SERVICES12.95%163 507
ACCENTURE PLC-2.89%160 874
INTERNATIONAL BUSINESS MACHINES CORPORATION1.99%114 403
INFOSYS LIMITED7.10%78 019
AUTOMATIC DATA PROCESSING, INC.-8.11%69 091