Kongsberg appoints new CFO amid maritime spinoff proposal

Kongsberg Gruppen ASA announced Martin Wien Fjell as its new chief financial officer and executive vice president. This follows the proposed listing of Kongsberg Maritime and the consolidation of Kongsberg Defence & Aerospace and Kongsberg Discovery into a single technology and defense-focused Kongsberg.

Fjell brings experience from operational and financial roles within Kongsberg Gruppen, Umoe, Fondsfinans, and Morgan Stanley. He served as CEO of Kongsberg Discovery and a member of the group's corporate management for three years.

Fjell will assume his new position upon the completion of the Kongsberg Maritime demerger. Mette Toft Bjørgen, the current CFO, will transition to become the CFO of the newly demerged Kongsberg Maritime.

Kongsberg Gruppen ASA is an international knowledge-based group, delivering high-tech systems and solutions across diverse markets including defense, security, maritime, energy, space, climate, and underwater technology. The company employs over 15,000 individuals in 40 countries and reported a total revenue of NOK 48.9 billion in 2024.