Torvild Aakvaag Explained

Torvild Aakvaag
Birth Date:27 January 1927
Death Date:[1]
Nationality:Norwegian

Torvild Aakvaag (27 January 1927 – 9 April 2020) was a Norwegian businessperson.[2]

He was born in Bærum, and was a cand.jur. by education. He was employed in the Norwegian Ministry of Foreign Affairs from 1951 to 1956, but left for a career in Norsk Hydro. He was promoted to head of the judicial department in 1967, and head of the petroleum department in 1970. He advanced to become assisting director-general in 1977, and director-general (CEO) in 1984.[3] He succeeded Odd Narud.[4] He stayed in this position until 1991; after this he was chairman of the board from 1992 to 1997.[3] He has also been a board member of Orkla Borregaard, Storebrand and Nobel Industrier, and chaired Hydro Aluminium and Korn- og Foderstof Kompagniet.[5]

He was decorated as a Commander of the Royal Norwegian Order of St. Olav in 1989.[6]

At the time of his death, he had a reported net worth of NOK 42 billion (£3 billion) through privately held asset vehicles.

Notes and References

  1. Web site: Tidligere Hydro-sjef Torvild Aakvaag er død . 2020-04-14 . E24.no . no . 2020-04-14 .
  2. Web site: Torvild Aakvaag . 2017-11-03 . . no . 2018-02-20.
  3. Encyclopedia: 2007. Torvild Aakvaag. Store norske leksikon. Kunnskapsforlaget. Oslo. Henriksen, Petter. Norwegian. 22 August 2009.
  4. News: Kong Reiten ansetter tronfølger. Ørjasæter. Elin. Elin Ørjasæter . 12 January 2009. E24 Næringsliv. Norwegian. 24 August 2009.
  5. News: Tøffere tider for styrene. De Lange. Grete. 30 January 1988. Aftenposten. 5. Norwegian. etal.
  6. Encyclopedia: Torvild Aakvaag. Norsk biografisk leksikon. Gunnar. Stavrum. Gunnar Stavrum. Helle, Knut. Knut Helle. Kunnskapsforlaget. Oslo. Norwegian. 22 August 2009.