1. SEPTEMBER 2023

Changes in Coripharma‘s Executive Management Team

Two new executives, Ludvik Karl Tomasson and Stefan Thor Arnarsson, have taken a seat in Coripharma‘s Executive Management Team. Ludvik has been appointed to the position of CFO and Stefan Thor has been appointed to a newly formed role as Director of Supply Chain Operations.

Changes in Coripharma‘s Executive Management Team

Ludvik Karl Tomasson takes on the role of CFO from Agust Helgi Leosson, who recently decided to take on a different role within the company’s finance department.

Ludvik has decades of experience in international finance and financial reporting in pharmaceutical and biotechnology companies; most recently with Hansa Biopharma AB in Sweden and previously with TFS International AB, Alvogen, Inc and DeCODE Genetics.

Ludvik is a certified CPA and holds an Executive MBA degree from Columbia Business School, New York, and London Business School.

Ludvik Karl Tomasson

I’m very happy and proud to have been given the opportunity and I look forward to assuming this responsibility and continue to build on the strong foundation already established. There are exciting times ahead, new products are entering the market, preparations for the upcoming IPO, as well as introducing new systems and processes to support the future growth of the company”.

Ludvik Karl Tomasson

I’m very happy and proud to have been given the opportunity and I look forward to assuming this responsibility and continue to build on the strong foundation already established. There are exciting times ahead, new products are entering the market, preparations for the upcoming IPO, as well as introducing new systems and processes to support the future growth of the company”.

Stefan Thor Arnarsson has been appointed Director of a newly implemented Supply Chain division.

Stefan joined Coripharma in 2021 as a Business Development Manager. Stefan has 16 years of experience in supply chain management in the pharmaceutical industry. For the majority of that time Stefan worked for Medis as a Director in the supply chain, as well as being the deputy to the VP of Supply Chain Operations. Stefan holds a B.Sc. degree in Business Administration and Supply Chain Management from the University of Reykjavik.

Stefan Thor Arnarsson

It’s a great honour to get the opportunity to lead the newly founded Supply Chain division at Coripharma. The company is growing and exciting times are ahead in the structuring of the company. We have a lot to gain by solidifying a smooth and efficient supply chain and I look very much forward to taking on the upcoming tasks with our excellent Coripharma team”.

Stefan Thor Arnarsson

It’s a great honour to get the opportunity to lead the newly founded Supply Chain division at Coripharma. The company is growing and exciting times are ahead in the structuring of the company. We have a lot to gain by solidifying a smooth and efficient supply chain and I look very much forward to taking on the upcoming tasks with our excellent Coripharma team”.

Jonina Gudmundsdottir, CEO

Coripharma aims to double its revenue from pharmaceutical exports this year, our development of generic pharmaceutical is going very well, and we have already secured agreements with many of the top European generic pharmaceutical companies. Therefore, it’s very important that the organisational structure is dynamic, reflects the rapid growth of the company and making sure we have the right people in key positions. I’m very pleased to have Ludvik Karl and Stefan Thor joining our Executive Management Team and I’m certain that their extensive knowledge and experience will be valuable assets to the company”.

Jonina Gudmundsdottir, CEO

Coripharma aims to double its revenue from pharmaceutical exports this year, our development of generic pharmaceutical is going very well, and we have already secured agreements with many of the top European generic pharmaceutical companies. Therefore, it’s very important that the organisational structure is dynamic, reflects the rapid growth of the company and making sure we have the right people in key positions. I’m very pleased to have Ludvik Karl and Stefan Thor joining our Executive Management Team and I’m certain that their extensive knowledge and experience will be valuable assets to the company”.

Coripharma is a pharmaceutical company that specializes in development, manufacturing, and exporting of generic pharmaceuticals. Coripharma employs around 190 people.