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Skúli Mogensen

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Skúli Mogensen
Born (1968-09-18) 18 September 1968 (age 55)
NationalityIcelandic
OccupationBusiness person
Parents
  • Brynjólfur Árni Mogensen
  • Anna Skúladóttir

Skúli Mogensen (born 18 September 1968)[1] is an Icelandic investor and entrepreneur. He owns the investment firm Títan,[2] founded and OZ Communications,[3] and founded and was sole owner[4] and CEO of the Iceland-based budget airline WOW air,[5] which went bankrupt on 28 March 2019.

Early life and education

Skúli's mother, Anna Skúladóttir, is a former financial director for the city of Reykjavík;[6][7] his father, Brynjólfur Mogensen, is an orthopedist and Skúli spent much of his childhood in Sweden while his father was studying there.[8] He was an exchange student in San Diego in California,[8] then studied philosophy at the University of Iceland;[9] he co-founded his first business, OZ Communications, as a student and dropped out when the company took off.[9]

Career

Skúli served as CEO of OZ until the company was sold to Nokia in 2008.[10][11] He was among the founders of Scandic hf. (in 1993),[8] Íslandssími[1] and Arctic Ventures.[2] He registered Títan investment firm in Iceland in October 2009;[2] in 2011 Skúli led a buyout of MP Bank.[12]

He founded WOW air in November 2011,[11][13] and took over as CEO from Baldur Baldursson the following year.[14] On 28 March 2019, the day the company ceased operations,[15] he wrote a letter to employees apologising "for not taking action sooner".[16]

Skúli is a board member at Securitas, MP Bank, Datamarket, Redline Communications, and other companies.[citation needed]

Skúli Mogensen was named Iceland's Businessman of the Year in 2011 and 2016.[9]

Private life

He was formerly married to Margrét Ásgeirsdóttir, a physician; they moved to Canada in 2002, while he was running OZ, and lived there until 2010.[2] They have three children and divorced in 2013.[17]

References

  1. ^ a b Marta María Jónasdóttir (September 18, 2018). "Smartland: Skúli aldrei verið flottari fimmtugur" [Smartland: Skúli at 50 has never looked better]. Morgunblaðið (in Icelandic). Retrieved June 8, 2019.
  2. ^ a b c d Jón G. Haukson (July 1, 2013). "Skúli Mogensen". Frjáls verslun (in Icelandic). pp. 50–51. Retrieved June 8, 2019.
  3. ^ "iPerceptions raises $3.65 Million from Skuli Mogensen & Telesystem". Techvibes. December 2, 2008. Archived from the original on 4 March 2016.
  4. ^ "Skúli gæti endað með 0 prósent hlut". Kjarninn (in Icelandic). 2019-03-09. Retrieved 2019-04-01.
  5. ^ Josephs, Leslie (June 27, 2018). "'We have to do better.' WOW Air's CEO faces angry customers—and readies an expansion". CNBC. Retrieved July 28, 2018.
  6. ^ "Móðir Skúla í stjórn Kviku" [Skúli's mother in the board of Kviku]. Viðskiptablaðið (in Icelandic). March 23, 2016. Retrieved June 8, 2019.
  7. ^ "Mamma Skúla í stjórn Kviku" [Skuli’s mom at the board of Kviki]. Morgunblaðið (in Icelandic). March 23, 2016. Retrieved June 8, 2019.
  8. ^ a b c Lilja Katrín Gunnarsdóttir (March 28, 2019). "Fimm hlutir sem þú vissir ekki um Skúla Mogensen" [Five things you don't know about Skúli Mogensen]. Dagblaðið Vísir (in Icelandic). Retrieved March 28, 2019.
  9. ^ a b c Moore, Karl (September 1, 2017). "How Wow Air's CEO charted his own course despite never having had a 'job'". Financial Post. Retrieved June 8, 2019.
  10. ^ Helft, Miguel (January 12, 2016). "Former Tech Exec's New Offering: $199 Flights To Europe From LAX And SFO". Forbes. Retrieved June 8, 2019.
  11. ^ a b "Skúli mætti með Grímu" [Skuli could be with Grimu]. Morgunblaðið (in Icelandic). December 13, 2017. Retrieved June 8, 2019.
  12. ^ "Skúli Mogensen og frú eiga tæpa 8 milljarða í hreinni eign" [Skúli Mogensen and his wife have almost 8 billion in net assets]. [Vísir.is]] (in Icelandic). July 28, 2011. Retrieved June 8, 2019.
  13. ^ Guttman, Amy (June 29, 2018). "Meet An Icelandic Entrepreneur Disrupting Global Air Travel". Forbes. Retrieved July 28, 2018.
  14. ^ "Skúli Mogensen nýr forstjóri WOW air" [Skúli Mogensen new CEO of WOW air]. Morgunblaðið (in Icelandic). August 29, 2012. Retrieved March 28, 2019.
  15. ^ "End of Operation of WOW AIR". Icelandic Transport Authority. March 28, 2019. Retrieved June 8, 2019.
  16. ^ "CEO of WOW air: 'I will never forgive myself'". Iceland Monitor. Morgunblaðið. March 28, 2019. Retrieved March 29, 2019.
  17. ^ "Skúli Mogensen skilinn" [Skúli Mogensen divorced]. Vísir.is. February 9, 2013. Retrieved June 8, 2019.