Ex-Icelandair boss Birkir Holm Gudnason is the new CEO of container line Samskip.
He was head of the airline for 10 years and was previously managing various international operations for the company during an 18-year career.
Former Samskip CEO Jens Holger Nielsen quit earlier this month after 12 years to pursue other challenges.
Gudnason said: "I already have considerable experience in operating a business in an international market and I am of the opinion the same principles apply in the operation of these businesses.