Skúli Mogensen is the founder, CEO and sole owner of WOW air. Prior to founding WOW air Skúli spent 20 years as an entrepreneur and investor, primarily in the Technology, Media and Telecom Industry in North America and Europe. He co-founded and was the CEO of OZ Communications, a mobile software company, while still studying philosophy at the University of Iceland. Skúli grew OZ to over 200 employees and sold over 100 million copies of its messaging software to all the major handset manufactures and mobile operators before selling OZ to Nokia in 2008.
In parallel Skúli also co-founded Islandssimi, which later became Vodafone Iceland and is the second largest mobile operator in Iceland and CAOZ, the largest animation studio in Iceland, which created the first full featured 3D animated film in Iceland, Thor - The Legends of Valhalla. He is also the largest investor and board member in Carbon Recycling International, which is gaining global recognition for its pioneering work in the green energy field. CRI built the first plant in the world which converts CO2 emissions into Methanol, thus converting waste into energy. In 2010 Skúli led a group of investors to resurrect MP Bank after the total collapse of the Banking sector in Iceland. He currently serves as Vice Chairman of MP Bank.
Skúli is an active patron of the arts and has sponsored a number of exhibitions and artists in Iceland over the years and continues to do so via the WOW air foundation. Other hobbies include extreme skiing, cycling and triathlons. Skúli created the WOW Cyclothon, which is an annual, unique 1332 km bike race around Iceland, raising capital for Save the Children Iceland. In 2011 Skúli was awarded The Businessman of the Year Award in Iceland.