First cabinet of Steingrímur HermannssonThe First cabinet of Steingrímur Hermannsson in Iceland was formed 26 May 1983.CabinetsFirst reshuffle: 16 October 1985 – 24 January 1986Albert Sigurður Guðmundsson replaced Sverrir Hermannsson as Minister of Industry. Matthías Bjarnason replaced Matthías Árni Mathiesen as Minister of Commerce. Ragnhildur Helgadóttir replaced Matthías Bjarnason as Minister of Health and Social Security. Sverrir Hermannsson replaced Ragnhildur Helgadóttir as Minister of Education, Science and Culture. Þorsteinn Pálsson replaced Albert Sigurður Guðmundsson as Minister of Finance and Matthías Árni Mathiesen as Minister of Statistics Iceland.Second reshuffle: 24 January 1986 – 24 March 1987Matthías Árni Mathiesen replaced Geir Hallgrímsson as Minister for Foreign Affairs.Third reshuffle: 24 March 1987 – 8 July 1987Þorsteinn Pálsson replaced Albert Sigurður Guðmundsson as Minister of Industry.