The post was created in 1907 and advertised in 1908. Two applications were received, from Páll Einarsson, sheriff and town mayor of Hafnarfjörður and from Knud Zimsen, town councillor in Reykjavík. Páll was appointed on 7 May and was mayor for six years. At that time the city mayor received a salary of 4,500 ISK per year and 1,500 ISK for office expenses. The current mayor is Dagur B. Eggertsson.