Chairman Of The Board salary in Iceland

Average Yearly Salary of Chairman Of The Board in Iceland is approximately 28,517,520 ISK (199,551 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Chairman Of The Board do?

The Chairman of the Board is a senior executive position within an organization responsible for overseeing the board of directors. This role involves leading and guiding the board in making strategic decisions and ensuring the organization's goals are met. The Chairman acts as the bridge between the board and the management team, providing guidance and support to the CEO and other executives. Key responsibilities of a Chairman include setting the agenda for board meetings, facilitating discussions, ensuring effective communication between board members, monitoring corporate governance practices, representing the organization to external stakeholders, and fostering a positive board culture.

Skills: Leadership, Governance, Strategy, Decision-making, Communication, Corporate oversight.
Job industry: Corporate governance

How much does Chairman Of The Board make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Chairman Of The Board a well paid job?

Yes, our data show that Chairman Of The Board is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Chairman Of The Board?

High salary for Chairman Of The Board would be somewhere between 31,369,272 ISK and 41,350,404 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Chairman Of The Board in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 28,517,520 ISK
Estimated Monthly Salary: 2,376,460 ISK
Estimated Weekly Salary: 548,414 ISK per week
Estimated Hourly Salary: 13,710 ISK per hour
By working as Chairman Of The Board a person can save up to 13,900 USD per month or 166,805 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Chairman Of The Board

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

Data as of 2025

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