Svein Rennemo
Svein Rennemo | |
|---|---|
| Born | July 24, 1947 Drammen, Norway |
| Occupation | Business executive |
| Known for | Former chairman of Statoil |
Svein Rennemo (born 24 July 1947) is a Norwegian executive and former chairman of Statoil.
Career
Originating from Drammen, Rennemo completed his economics degree (cand.oecon.) at the University of Oslo in 1971. Throughout his career, he has provided consultancy to the Norwegian Ministry of Finance, Norges Bank, and the Organisation for Economic Co-operation and Development. In his early years, he was affiliated with the Workers' Communist Party but departed from the party in 1975.
Between 1982 and 1994, Rennemo occupied senior management positions within Statoil, concentrating on financial matters and the petrochemical sector. He advanced to chief financial officer in 1994 and was appointed chief executive officer of Borealis in 1997. After leaving Borealis in 2001, he briefly joined the consulting firm Econ. In 2002, Jens Ulltveit-Moe appointed him as CEO of Petroleum Geo-Services, a role he held until April 2008 when he assumed the chairmanship of StatoilHydro, following Marit Arnstad. The company subsequently reverted to its original name, Statoil. Initially, Eivind Reiten was chosen for the chairman position but resigned shortly thereafter.
Rennemo served a short term on the board of Kværner in 2001. His leadership roles include chairing organizations such as Statnett, Intopto, Pharmaq, and Tomra Systems, along with board membership at Norsk Hydro. In June 2009, he was appointed deputy chairman of Norske Skog, working alongside chairman Eivind Reiten.
Residing in Oslo, Rennemo pursues hobbies including jogging, skiing, cycling, and kayaking.