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Helge Lund

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Nationality
  
Norwegian

Spouse
  
Else-Cathrine Lund

Role
  
Businessman

Name
  
Helge Lund

Occupation
  

Helge Lund oilnewskenya Helge Lund leaves Statoil for BG Group as

Born
  
16 October 1962 (age 61) (
1962-10-16
)
Oslo, Norway

Alma mater
  
Norwegian School of EconomicsINSEAD

Salary
  
GBP £1.5 million (basic salary, 2014), up to £14 million (with bonuses)

Similar People
  
Eldar Saetre, Svein Rennemo, Andrew Gould, Chris Finlayson, Marit Arnstad

Helge lund ceo statoil


Helge Lund (born 16 October 1962) is a Norwegian businessman, a director of Schlumberger since June 2016, and the former chief executive officer (CEO) of BG Group, Statoil and Aker Kværner.

Contents

Helge Lund Helge Lund could leave BG with 478M in his pocket

Helge lund


Early life

Helge Lund Helge Lund European CEO

Lund graduated in business management at the Norwegian School of Economics in Bergen. He also has a Master of Business Administration (MBA) from the INSEAD business school in France.

Career

Helge Lund httpsuploadwikimediaorgwikipediacommonsthu

He started his career as a management consultant for McKinsey & Company and as political adviser for the Conservative Party in the Norwegian parliament Stortinget, before starting work for Hafslund Nycomed in 1993. In 1997-8 he was vice president in Nycomed Pharma before starting work in Aker RGI in 1999 as vice president before becoming CEO for Aker Kværner in 2002. After Olav Fjell withdrew as CEO of Statoil in 2004, Lund took over and was retained after Statoil merged with the oil & gas division of Norsk Hydro in 2007 to create StatoilHydro.

Helge Lund Statoil CEO Helge Lund resigns to lead LNG player BG LNG

On 15 October 2014, Lund resigned as CEO for Statoil with immediate effect, to join the management team of the UK's BG Group as CEO from 9 February 2015.

On 1 December 2014, in response to pressure from shareholders, BG Group reduced a £12 million share award golden hello for Lund to between £4.7 million to £10.6 million, depending on the company's future performance. His basic salary will be £1.5 million, but with bonuses, total compensation could reach £14 million per annum.

Following the takeover of BG Group by Royal Dutch Shell, Lund was out of a job, but did receive a total of £5.5 million for his 11 months work, and £9.7 million in shares in February 2016, as a result of the takeover.

In June 2016, Lund was appointed to the board of directors of Schlumberger.

Personal life

He is married to Else-Cathrine Lund.

References

Helge Lund Wikipedia