About
Deputy CEO of Hagar, a listed Icelandic retailer. He holds an M.Eng. in Industrial Engineering & Operations Research from UC Berkeley and a B.Sc. in Industrial Engineering from the University of Iceland, with prior roles as an independent consultant, head of Marel's strategy team, a consultant at McKinsey & Company, and at AGR Dynamics.
Experience
- Hagar hf.Deputy CEOcurrent2024 — present
- Hagar hf.CSO & COOcurrent2021 — presentIceland
- Hagar hf.External Advisor2020 — 2021Iceland
- Frumtak VenturesBoard Membercurrent2024 — present
- Viðskiptaráð Íslands - Iceland Chamber of CommerceBoard Membercurrent2022 — present
- Lemon IcelandBoard Membercurrent2021 — present
- Self EmployedIndependent Management Consultant2020 — 2021
- MarelDirector, Strategy and Development2018 — 2020
- MarelManager, Strategy and Development2017 — 2018
- McKinsey & CompanySenior Associate2015 — 2017
- McKinsey & CompanyConsultant2014 — 2015
- AGR - Aðgerðargreining ehfConsultant2011 — 2013
- University of IcelandAssistant Teacher2011
- ÍslandsbankiRepresentative2010
Education
- University of California, BerkeleyMaster of Engineering (M.Eng.), Industrial Engineering & Operations Research2013 — 2014
- Háskóli ÍslandsBachelor of Science (B.Sc.), Industrial Engineering2008 — 2011
- Commercial College of IcelandMatriculation Examination & Business Diploma, Science Stream2004 — 2008
Skills & more
Management Consulting8Business Strategy15Finance8Operations Research29Project Management35Optimization20Statistics16Industrial Engineering9Simulations8Programming9Logistics6Data Analysis19
+12 more
ConsultingSupply Chain ManagementSoftware ImplementationTeachingDigital TransformationInventory ControlMatlabSQLDatabasesMicrosoft OfficePythonLeadershipLanguages Danish · English · German · Icelandic
From Magnús's professional profile.
Colleagues at Frumtak Ventures
Andri Heiðar Kristinsson
General Partner at Frumtak Ventures
Ásthildur Otharsdóttir
General Partner at Frumtak Ventures
Brynja I. Eyjólfsdóttir
Analyst at Frumtak Ventures
Fróði Steingrímsson
Chief Legal Officer at Frumtak Ventures
Magnús Þór Torfason
Chairman of the Board at Frumtak Ventures
Rakel Sigurðardóttir
CFO at Frumtak Ventures
Sigga
Investor at Frumtak Ventures
Sigríður
Board Member at Frumtak Ventures
Frequently asked questions
- Where does Magnús Magnússon work?
- Magnús Magnússon is Board Member at Frumtak Ventures.
Same school
Also attended University of California, Berkeley1,341
Byron DeeterPartner at Bessemer Venture PartnersTrevor OelschigInvestment Team at General CatalystBrendan Bulik-SullivanInvestor at GV (Google Ventures)Glen AndersonPartner at Monta Vista CapitalAnthony LinHead of Intel Capital, Corporate Vice President at Intel CapitalScott ShawChief of Staff at Intel Capital
+ 1,335 more
Also attended Háskóli Íslands15
Árni BlöndalFounding Partner at Brunnur Ventures GPÁsthildur OtharsdóttirGeneral Partner at Frumtak VenturesAndri Heiðar KristinssonGeneral Partner at Frumtak VenturesJenny Ruth HrafnsdottirFounding Partner at Crowberry CapitalAron JóhannssonAssociate at Crowberry CapitalSigurður ArnljótssonFounding Partner at Brunnur Ventures GP
+ 9 more
Shared employers
Also worked at Hagar hf.1
Also worked at Self Employed103
Vlad LoktevInvestor at Index VenturesAshish GuptaChairman and Partner at MFV PartnersBrent BlakeVenture Partner at TFX CapitalKristina SimmonsInvestor at Overwater Ventures LlcLucy BradyHead of Product at Giant Ventures Global LlpCarl VogelGeneral Partner at 6th Man Ventures
+ 97 more
Also worked at Marel3
Also worked at McKinsey & Company1,453
Elad GilSolo general partner investing through Gil CapitalJim BreyerFounder & CEO of Breyer CapitalAnn Miura-KoCo-founding Partner at FloodgateJeremy LiewPartner at Lightspeed Venture PartnersMike SpeiserManaging Director at Sutter Hill VenturesJeremy LevinePartner at Bessemer Venture Partners
+ 1,447 more












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