Age, Biography and Wiki
Olav Fjell was born on 28 June, 1951 in Norway, is a Norwegian businessperson. Discover Olav Fjell's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 72 years old?
| Popular As |
N/A |
| Occupation |
N/A |
| Age |
72 years old |
| Zodiac Sign |
Cancer |
| Born |
28 June, 1951 |
| Birthday |
28 June |
| Birthplace |
Norway |
| Nationality |
United States
|
We recommend you to check the complete list of Famous People born on 28 June.
He is a member of famous businessperson with the age 72 years old group.
Olav Fjell Height, Weight & Measurements
At 72 years old, Olav Fjell height not available right now. We will update Olav Fjell's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
| Family |
| Parents |
Not Available |
| Wife |
Not Available |
| Sibling |
Not Available |
| Children |
Not Available |
Olav Fjell Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Olav Fjell worth at the age of 72 years old? Olav Fjell’s income source is mostly from being a successful businessperson. He is from United States. We have estimated Olav Fjell's net worth, money, salary, income, and assets.
| Net Worth in 2024 |
$1 Million - $5 Million |
| Salary in 2024 |
Under Review |
| Net Worth in 2023 |
Pending |
| Salary in 2023 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
businessperson |
Olav Fjell Social Network
Timeline
Olav Fjell (born 28 June 1951) is a Norwegian businessperson.
Fjell has a siv.øk. degree from the Norwegian School of Economics in 1975 as well as education from the Royal Norwegian Army.
His career started as an accountant at Kongsberg Vaabenfabrik in 1975 where he stayed until 1987, by which time he had become vice president.
He was the chief executive officer (CEO) of Statoil from 1999 to 2003, and of Hurtigruten from 2007 to 2012.
He had a continual employment in Bergen Bank, Den norske Bank and finally as CEO of Postbanken until he was hired as CEO of Statoil in 1999.
He has also had a number of board positions, including chairman of NSB (Norwegian State Railways) from 2000 to 2003, in Eastern Drilling and Lindorff.
He currently chairs of the boards of Statkraft and Deep Sea Supply.
He is a fellow of the Norwegian Academy of Technological Sciences.
As a controversial businessperson, Fjell has had a strained relationship with the press.
In his last period as CFO in Kongsberg, he had massive problems internally because of the company's economic fall and felt that the press was excessive and critical.
As in 2003 with the Statoil corruption case in Iran it was Dagens Næringsliv that led the critical journalism.
It ended with him being decommissioned from his position with Kongsberg.
Fjell was central in the corruption scandal that Statoil experienced in 2003.
After pressure both internally and from the media the board had to remove Fjell on the evening of 22 September 2003.
Statoil was fined NOK20 million for corruption from the Norwegian National Authority for the Investigation and Prosecution of Economic and Environmental Crime.
Despite the seriousness of the case and the weakening of the name of Statoil, Fjell was according to the media given a compensation between NOK 7.5 and 10 million.
In addition he sued Statoil with demands for early pension from 60 years equal to 66% of his wage.
Statoil denied this agreement, though it was mentioned in the press release at the time of Fjells departure.
After quitting in Statoil in 2004 he worked as a strategic and financial adviser for First Securities.
In December 2005 Fjell won the court case, and he can expect payments from Statoil up to about NOK 40 million.
He was later chief executive of Lindorff from 2006 to 2007 and Hurtigruten from 2007 to 2012.
