Stig Eide Sivertsen
Chairman at MORROW BANK ASA
Net worth: 197 235 $ as of 2024-03-30
Profile
Stig Eide Sivertsen is the founder and had founded Nettavisen AS in 1996, where he served as the Chief Executive Officer from 1996 to 1997.
He currently holds multiple positions, including Chairman & Managing Director at Theoline AS since 2008, Chairman at Morrow Bank ASA since 2019, and Independent Director at Gyldendal ASA since 2007.
He is also a Director at Foinco AS, Polaris Media ASA, DN Nye Medier AS, and ParrotPlay AS.
Mr. Sivertsen has held former positions such as Chief Executive Officer at Opplysningen AS from 2008 to 2010, Chief Executive Officer at Opplysningen 1881 AS, Chief Executive Officer at Telenor Broadcast Holding AS from 1998 to 2008, Chairman at Great Technologies AS from 2011 to 2014, Chairman at Estate Media AS, Chairman at Norske Helsehus AS, Chairman at Fjordveien Eiendomsinvest AS, Director at ElectroMagnetic GeoServices ASA from 2010 to 2016, Director at Intility AS, Director at FXI Technologies AS, Director at Cxense ASA, Director at Viken Fiber AS, Chief Financial Officer at PGS ASA from 1993 to 1996, Executive Vice President at Telenor ASA in 1997, Chief Financial Officer at Schibsted ASA from 1989 to 1993, and Chief Financial Officer at Telenor Link AS.
Mr. Sivertsen's education includes undergraduate and graduate degrees from the University of Durham and a graduate degree from the University of Bergen.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
MORROW BANK ASA
0.17% | 2023-06-13 | 400,000 ( 0.17% ) | 150 892 $ | 2024-03-30 |
POLARIS MEDIA ASA
0.01% | 2022-12-30 | 7,143 ( 0.01% ) | 46 343 $ | 2024-03-30 |
Stig Eide Sivertsen active positions
| Companies | Position | Start |
|---|---|---|
| GYLDENDAL ASA | Director/Board Member | 2006-12-31 |
| POLARIS MEDIA ASA | Director/Board Member | - |
| MORROW BANK ASA | Chairman | 2019-08-12 |
ParrotPlay AS
 ParrotPlay AS Commercial Printing/FormsCommercial Services ParrotPlay AS operates as a web portal. | Director/Board Member | - |
Foinco AS
 Foinco AS Investment ManagersFinance Foinco AS provides private equity investment services. It manages investments in the small and medium enterprises sector. The firm also has a portfolio of liquid financial assets. Its services include direct investments, financial portfolio and family office. Foinco was founded in 1988 and is headquartered in Oslo, Norway. | Director/Board Member | - |
Theoline AS
 Theoline AS Real Estate Investment TrustsFinance Theoline AS invests in shares and real properties. The company was founded on March 17, 2008 and is headquartered in Oslo, Norway. | Chief Executive Officer | 2008-04-13 |
| DN Nye Medier AS | Director/Board Member | 2010-12-13 |
Former positions of Stig Eide Sivertsen
| Companies | Position | End |
|---|---|---|
| ELECTROMAGNETIC GEOSERVICES ASA | Chief Executive Officer | 2016-02-02 |
| Opplysningen AS | Chief Executive Officer | 2009-12-31 |
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Training of Stig Eide Sivertsen
| University of Durham | Graduate Degree |
| University of Bergen | Graduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 7 |
|---|---|
| PGS ASA | Energy Minerals |
| TELENOR ASA | Communications |
| SCHIBSTED ASA | Technology Services |
| GYLDENDAL ASA | Retail Trade |
| ELECTROMAGNETIC GEOSERVICES ASA | Industrial Services |
| POLARIS MEDIA ASA | Consumer Services |
| MORROW BANK ASA | Finance |
| Private companies | 17 |
|---|---|
Foinco AS
Foinco AS Investment ManagersFinance Foinco AS provides private equity investment services. It manages investments in the small and medium enterprises sector. The firm also has a portfolio of liquid financial assets. Its services include direct investments, financial portfolio and family office. Foinco was founded in 1988 and is headquartered in Oslo, Norway. | Finance |
Intility AS
 Intility AS Internet Software/ServicesTechnology Services Intility AS provides information technology solutions. It offers IT outsourcing, Local Area Networks (LAN), high speed Internet access, secure email facilities, and local server maintenance services. The company was founded in 2000 and is headquartered in Oslo, Norway. | Technology Services |
| Opplysningen AS | Communications |
Opplysningen 1881 AS
 Opplysningen 1881 AS Internet Software/ServicesTechnology Services Opplysningen 1881 AS provides personal and corporate information services. It offers business information directory services through internet, short message service (SMS) mobile, and telephone calls. The company is headquartered in Oslo, Norway. | Technology Services |
FXI Technologies AS
 FXI Technologies AS SemiconductorsElectronic Technology FXI Technologies AS provides cell phone applications and devices. It develops delivery device for multimedia content to mobile phones, based on an integration of flash memory and graphics processors. The company is integrating a video and 3D graphics processor on a removable distribution medium. This enables the distribution of games on flash memory cards for mobile devices. FXI technologies was founded on December 28, 2005 is headquartered in Oslo, Norway | Electronic Technology |
Telenor Broadcast Holding AS
 Telenor Broadcast Holding AS Cable/Satellite TVConsumer Services Telenor Broadcast Holding AS provides television and broadcasting services to households and enterprises in the Nordic region. The firm also also offers terrestrial transmission services and satellite services. The company was founded on September 4, 2001 and is headquartered in Fornebu, Norway. | Consumer Services |
Great Technologies AS
 Great Technologies AS Advertising/Marketing ServicesCommercial Services Great Technologies AS specializes in search and Transfer prior to FAST being acquired by Microsoft. It delivers contextual matching of ads and content. The company was founded in 2008 by Børge Svingen, Trygve K. Norman and Tron Kleivane and is headquartered in Oslo, Norway. | Commercial Services |
| DN Nye Medier AS | |
Estate Media AS
 Estate Media AS Advertising/Marketing ServicesCommercial Services Estate Media AS produces and publishes magazines and digital media. It offers real estate related magazines. The company was founded in 2000 and is headquartered in Oslo, Norway. | Commercial Services |
Cxense ASA
 Cxense ASA Information Technology ServicesTechnology Services Cxense ASA engages in the development of software solutions. It offers media, publishing, e-commerce, and retail data management platform, content personalization, and conversion optimization. Its technology organizes first-party data in custom segments and 1:1 user profiles before applying machine learning to understand and predict customer behavior and intent. The company was founded on February 10, 2010 and is headquartered in Oslo, Norway. | Technology Services |
Viken Fiber AS
 Viken Fiber AS Major TelecommunicationsCommunications Viken Fiber AS operates as fiber company. It builds and operates fiber networks and supplies broadband services from Altibox to households and businesses. The company was founded in September 2013 and is headquartered in Drammen, Norway. | Communications |
Theoline AS
Theoline AS Real Estate Investment TrustsFinance Theoline AS invests in shares and real properties. The company was founded on March 17, 2008 and is headquartered in Oslo, Norway. | Finance |
Norske Helsehus AS
 Norske Helsehus AS Real Estate DevelopmentFinance Norske Helsehus AS develops, builds, and manages health care properties. It operates through the following segments: Development, Construction and Financing of Homes; Long-Term Funding, Property Management and Maintenance of Health Care Buildings and Nursing Homes; and Collaboration with Municipalities and Local Communities. The company was founded on February 9, 2012 and is headquartered in Oslo, Norway. | Finance |
Fjordveien Eiendomsinvest AS
 Fjordveien Eiendomsinvest AS Real Estate DevelopmentFinance Fjordveien Eiendomsinvest AS invests and owns shares and other stakes in companies within real property. The company was founded on November 1, 2013 and is headquartered in Oslo, Norway. | Finance |
ParrotPlay AS
ParrotPlay AS Commercial Printing/FormsCommercial Services ParrotPlay AS operates as a web portal. | Commercial Services |
Nettavisen AS
 Nettavisen AS Publishing: NewspapersConsumer Services Nettavisen AS offers online newspaper publishing services. The private company is based in Oslo, Norway. The Norwegian company was founded by Stig Eide Sivertsen. | Consumer Services |
| Telenor Link AS |
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