Finn Ivar Marum

Chief Executive Officer at NORDIC MINING ASA

Finance

Consumer Services

Electronic Technology

Profile

Finn Ivar Marum currently works at Nordic Minerals AS, as Chief Executive Officer, Nordic Mining ASA, as Chief Executive Officer from 2025, and Moelven Industrier ASA, as Chairman.
Mr. Marum also formerly worked at Nortek AS, as Chairman & Chief Executive Officer, Kistefos AS, as Investment Director, Kistefos AS (Private Equity), as Investment Director from 2011 to 2013, Ostomycure AS, as Director, General Oceans AS, as Director, and HitecVision Private Equity AS, as Partner.
Mr. Marum received his graduate degree from The Trustees of Columbia University in The City of New York and undergraduate degree from Concordia College (Minnesota).

Finn Ivar Marum active positions

Companies	Position	Start
NORDIC MINING ASA	Chief Executive Officer	2025-02-28
Moelven Industrier ASA Moelven Industrier ASA HomebuildingConsumer Durables Manufactures and supplies wood based building products	Chairman	-

All active positions of Finn Ivar Marum

Former positions of Finn Ivar Marum

Companies	Position	End
Kistefos AS (Private Equity) Kistefos AS (Private Equity) Investment ManagersFinance Kistefos AS (Private Equity)'s investment strategy focuses on early-stage firms in the technology sector in addition to ICT, renewable energy and financial services sectors. They look for convergence and synergies among all their investment sectors. They invest primarily in the Nordic region with certain investments made beyond this area. They are often the lead investor; they do not require majority control. Although they can invest at different stages of development, they target firms that have started to generate revenue. Kistefos AS (Private Equity) is a long-term and active investment partner. In addition to providing venture capital, they take Board positions and work closely with the management teams developing strategic plans of targeted action. Their objective is to increase value and ensure long-term profitable growth of their portfolio firms. They may also contribute to later-stage development of their portfolio firms' which have proven business models. They generally exit from their investments in three to seven years through a public offering or sale to a trade buyer.	Private Equity Investor	2013-02-28
GENERAL OCEANS ASA	Director/Board Member	-
Nortek AS Nortek AS Electronic Equipment/InstrumentsElectronic Technology Develops and distributes water velocity instruments	Chief Executive Officer	-
Kistefos AS Kistefos AS Financial ConglomeratesFinance Provides investment services	Chief Investment Officer	-
Ostomycure AS Ostomycure AS Miscellaneous Commercial ServicesCommercial Services Develops solution for evacuating of fluids from the intestines	Director/Board Member	-

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Linked companies

Private companies	10
The Trustees of Columbia University in The City of New York The Trustees of Columbia University in The City of New York Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
Moelven Industrier ASA Moelven Industrier ASA HomebuildingConsumer Durables Manufactures and supplies wood based building products	Consumer Durables
Kistefos AS Kistefos AS Financial ConglomeratesFinance Provides investment services	Finance
Kistefos AS (Private Equity) Kistefos AS (Private Equity) Investment ManagersFinance Kistefos AS (Private Equity)'s investment strategy focuses on early-stage firms in the technology sector in addition to ICT, renewable energy and financial services sectors. They look for convergence and synergies among all their investment sectors. They invest primarily in the Nordic region with certain investments made beyond this area. They are often the lead investor; they do not require majority control. Although they can invest at different stages of development, they target firms that have started to generate revenue. Kistefos AS (Private Equity) is a long-term and active investment partner. In addition to providing venture capital, they take Board positions and work closely with the management teams developing strategic plans of targeted action. Their objective is to increase value and ensure long-term profitable growth of their portfolio firms. They may also contribute to later-stage development of their portfolio firms' which have proven business models. They generally exit from their investments in three to seven years through a public offering or sale to a trade buyer.	Finance
Concordia College (Minnesota) Concordia College (Minnesota) Other Consumer ServicesConsumer Services Functions as a College/University	Consumer Services
HitecVision Private Equity AS HitecVision Private Equity AS Investment ManagersFinance HitecVision Private invests in middle market companied located in Europe. The firm targets companies operating in the field of energy sector. It provides financing for growth stage capital requirements with an investment size of EUR 150 - 500 million.	Finance
Nordic Mining ASA Nordic Mining ASA Other Metals/MineralsNon-Energy Minerals Provides rutile and garnet mining services	Non-Energy Minerals
Ostomycure AS Ostomycure AS Miscellaneous Commercial ServicesCommercial Services Develops solution for evacuating of fluids from the intestines	Commercial Services
Nortek AS Nortek AS Electronic Equipment/InstrumentsElectronic Technology Develops and distributes water velocity instruments	Electronic Technology
General Oceans AS General Oceans AS Electronic Equipment/InstrumentsElectronic Technology Manufactures sensors and robotics for remotely operated & autonomous underwater vehicles	Electronic Technology