Kare Norvald Lerum (born 4 December 1939) was a Norwegian businessperson and politician.
He was born in Vik, and took an education in Stavanger. He was hired as manager in 1976, and was later the chief executive officer, in Lerum in Sogndal, a family company he owned together with brother Bjarne Lerum. He is also a brother of Gerd Kjellaug Berge. Lerum was succeeded as chief executive officer by Jan Petter Vadheim in 2004. The brothers passed the ownership of the company down to their children in 2005. Lerum is still one of the wealthiest people in Sogndal.
Lerum chaired the employers' organisation Konservesfabrikkenes Landsforening. He was a member of Sogndal municipal council for six years, and served as mayor from 1978 to 1982. He represented the Conservative Party, but joined the Progress Party in 2002.
Lerum was decorated as a Knight, First Class of the Royal Norwegian Order of St. Olav in 2005. In 2003 he won a prize from the regional branch of Noregs Mallag.