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Olav Fjell

Olav Fjell
Olav Fjell(Jarvin).jpg
Born (1951-06-28) 28 June 1951 (age 66)
Nationality Norwegian
Alma mater Norwegian School of Economics
Title CEO, Hurtigruten Group
Board member of Statkraft

Olav Fjell (born 28 June 1951) is a Norwegian businessperson. He was the chief executive officer (CEO) of Statoil from 1999 to 2003, and of Hurtigruten from 2007 to 2012.

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 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. After quitting in Statoil in 2004 he worked as a strategic and financial adviser for First Securities. He was later chief executive of Lindorff from 2006 to 2007 and Hurtigruten from 2007 to 2012.

He has also had a number of board positions, including chairman of the 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.


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