President of Iceland | |
---|---|
Forseti Íslands (Icelandic) | |
Office of the President | |
Style |
|
Member of | State Council of Iceland |
Residence | Bessastaðir |
Seat | Garðabær, Iceland |
Appointer | Popular vote |
Term length | Four years, renewable |
Constituting instrument | Constitution of Iceland |
Precursor | King of Iceland |
Formation | 17 June 1944 |
First holder | Sveinn Björnsson |
Succession | Line of succession |
Salary | €289,000 annually[1] |
Website | forseti forseti |
Iceland portal |
The president of Iceland (Icelandic: Forseti Íslands) is the head of state of Iceland. The incumbent is Guðni Thorlacius Jóhannesson, who declined to run for a third term after being elected in 2016 and re-elected in 2020.
Halla Tómasdóttir is president-elect after winning the 2024 Icelandic presidential election, and is scheduled to take office on 1 August.[2]
The president is elected to a four-year term by popular vote, is not term-limited, and has limited powers.
Historically, while first-term elections have often been hard-fought, an incumbent president who decides to run again for office has usually run unopposed, or they have won re-election with an overwhelming majority of the vote when opposed. The 2012 election was a notable exception to this, where incumbent Ólafur Ragnar Grímsson won with only 52.78% of the vote.
The presidential residence is situated in Bessastaðir in Garðabær, near the capital city Reykjavík.
Iceland was the first country to have an elected female head of state when Vigdís Finnbogadóttir assumed Iceland's presidency on 1 August 1980. [3]
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