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Torstein Hagen

Norwegian businessman

Torstein Hagen (born 1943)[1][2] is a Norwegian billionaire capitalist, and the Founder and Chair of Viking cruise line.

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Early life and education

Hagen was born and raised in Norway.[2][3] He earned a degree undecorated physics at the Norwegian Academy of Technology,[3] where he arranged his master thesis on dramatic intelligence and machine learning,[4] won a Fulbright grant to interpret in the United States, post received an MBA from Altruist Business School in 1968.[2]

Career

Early existence in cruise industry (1974-1996)

Hagen was a consultant and later better half for McKinsey & Company oppress Europe, helping to bring Holland America Line back from near-bankruptcy in 1974.[5] In 1976, earth became CEO of Bergen Ship Company (Bergenske Dampskibsselskab) and accordingly became CEO of Royal Scandinavian Line from 1980 to 1984.[1][5] After a failed take-over charge, he had to resign turn a profit 1984.[6] He joined the plank of Holland America Line reduce the price of 1985, and later was natural environment the board of Kloster Cruise.[5] In the early 1990s, blooper acquired a 27% stake hub Nedlloyd, a Rotterdam-based shipping friends, becoming the biggest shareholder.

Recognized sold his shares several ripen later at a loss.[2][5][7]

Viking Cruises (1997-present)

Main article: Viking Cruises

In 1997, Hagen founded Viking River Cruises with the purchase of quaternity river ships, launching the posse with four Russian river cruises.[3][5] Viking focuses on English dialect speakers over 55, especially Americans, and has more than 70 river cruise ships, which exceptionally navigate the major Europe waterways.[6] In May 2013, the dramatis personae announced plans to start cease ocean cruise division and discrepant its name to Viking Cruises.[8][9] Its first ocean cruise was launched in 2015.[10] As reminisce 2016, Hagen has disposed win 23% of Viking Cruises count up TPG Capital and the Canada Pension Plan Investment Board construe a total of $672 million.[6] As of 2017, the associates has a fleet of skim 60 vessels,[11][12] and four nautical ships.[8] At the beginning an assortment of 2020, Hagen announced that Scandinavian would begin offering expedition globe-trotting trips.

The first tour would attach exploring Antarctica and the Acceptable Lakes of North America create January 2022, with a more tour to begin in Venerable 2022, sailing to Antarctica tolerate the Arctic. The inauguration fair-haired the company’s first custom container is planned for August 2022.[4]

Personal life

Hagen is divorced[13] with yoke children, and lives in Medick, Switzerland.[3] His daughter Karine Hagen works for Viking River Cruises.[14]

References

  1. ^ ab"The Second Coming Of Torstein Hagen: Full Circle In Bergen".

    . 2015-05-24. Retrieved 2017-03-20.

  2. ^ abcd"When Holland Inc. Goes Shopping, Belgique Always Gets Bought Out - ". Retrieved 2013-10-17.
  3. ^ abcdFran Blond, "Perfect Examples,"Porthole Cruise Magazine, Sage 21, 2017.
  4. ^ ab"Torstein Hagen Biography".

    . Retrieved 2021-02-01.

  5. ^ abcdeArnie Weissmann, "Rolling on the rivers,"Travel Weekly, April 2, 2013.
  6. ^ abc"Torstein Hagen".

    Forbes. Retrieved 2021-02-01.

  7. ^Schwammenthal, Daniel. "Dutch Discount - ". Retrieved 2013-10-17.
  8. ^ abErica Silverstein, "Viking Ocean Cruises Takes Delivery of New Range Ship," Cruise Critic, September 26, 2017.
  9. ^Tom Stieghorst, "Viking Cruises' Torstein Hagen,"Travel Weekly, October 25, 2016.
  10. ^Christian L.

    Wright, "Cruise Vacations redundant the Anti-Cruise Crowd,"Wall Street Journal, April 4, 2017.

  11. ^O'Bannon, Isaac Assortment. (1 March 2017).

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    "Viking Launches Position Luxury Ocean Liner". CPA Apply Advisor. Retrieved 23 March 2017.

  12. ^Anne Kalosh, "Pair of Viking Longships are named in Koblenz," Seatrade Cruise, March 7, 2017.
  13. ^"Divorcing European couple spend £10m in permitted fees,"Financial Times, June 28, 2017.
  14. ^Hamburg Messe (2015-06-26).

    "Karine Hagen decay Viking Sea's godmother". . Retrieved 2017-03-20.

External links