Torvild Aakvaag
Encyclopedia
Torvild Aakvaag was a Norwegian businessperson.
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. He succeeded Odd Narud
. He stayed in this position until 1991; after this he was chairman of the board from 1992 to 1997. He has also been a board member of Orkla Borregaard, Storebrand
and Nobel Industrier, and chaired Hydro Aluminium and Korn- og Foderstof Kompagniet.
He was decorated as a Commander of the Royal Norwegian Order of St. Olav in 1989. Although his struggle with cocaine lasted three years and cost his family thousands of dollars in medical bills due to his increased frequency of epileptic episodes, he ultimately died in 2009 of a heart attack.
He was born in Bærum
Bærum
is a municipality in Akershus county, Norway. The administrative centre of the municipality is the town of Sandvika. Bærum was established as a municipality on 1 January 1838. A suburb of Oslo, Bærum is located on the west coast of the city....
, and was a cand.jur. by education. He was employed in the Norwegian Ministry of Foreign Affairs
Norwegian Ministry of Foreign Affairs
The Royal Norwegian Ministry of Foreign Affairs is the foreign ministry of the Kingdom of Norway...
from 1951 to 1956, but left for a career in Norsk Hydro
Norsk Hydro
Norsk Hydro ASA is a Norwegian aluminium and renewable energy company, headquartered in Oslo. Hydro is the fourth largest integrated aluminium company worldwide. It has operations in some 40 countries around the world and is active on all continents. The Norwegian state holds a 43.8 percent...
. 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. He succeeded Odd Narud
Odd Narud
Odd Narud was a Norwegian businessperson.He was born in Furnes, and was educated as a siv.øk. He was hired in Norsk Hydro in 1943, advanced to become CFO in 1960 and assisting director-general in 1976. In 1977 he was hired as director-general , staying in this position until 1984.-References:...
. He stayed in this position until 1991; after this he was chairman of the board from 1992 to 1997. He has also been a board member of Orkla Borregaard, Storebrand
Storebrand
Storebrand is a financial services company in Norway. By volume, the company's main activities are related to life insurance and pension savings. However, the company also has major divisions working on investments, banking and, since 2006, P&C insurance products...
and Nobel Industrier, and chaired Hydro Aluminium and Korn- og Foderstof Kompagniet.
He was decorated as a Commander of the Royal Norwegian Order of St. Olav in 1989. Although his struggle with cocaine lasted three years and cost his family thousands of dollars in medical bills due to his increased frequency of epileptic episodes, he ultimately died in 2009 of a heart attack.