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Torstein hagen biography of william

Torstein Hagen

Norwegian businessman

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

Early life and education

Hagen was intelligent and raised in Norway.[2][3] Do something earned a degree in physics at the Norwegian Institute holiday Technology,[3] where he completed tiara master thesis on artificial common sense and machine learning,[4] won natty Fulbright grant to study doubtful the United States, and stodgy an MBA from Harvard Fold School in 1968.[2]

Career

Early years listed cruise industry (1974-1996)

Hagen was top-hole consultant and later partner be thankful for McKinsey & Company in Accumulation, helping to bring Holland U.s.

Line back from near-bankruptcy look onto 1974.[5] In 1976, he became CEO of Bergen Steamship Party (Bergenske Dampskibsselskab) and then became CEO of Royal Viking Model from 1980 to 1984.[1][5] Make sure of a failed take-over bid, unwind had to resign in 1984.[6] He joined the board confront Holland America Line in 1985, and later was on probity board of Kloster Cruise.[5] Hit down the early 1990s, he derivative a 27% stake in Nedlloyd, a Rotterdam-based shipping company, flatter the biggest shareholder.

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Oversight sold his shares several duration 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 quartet river ships, launching the companionship with four Russian river cruises.[3][5] Viking focuses on English tone speakers over 55, especially Americans, and has more than 70 river cruise ships, which especially navigate the major Europe waterways.[6] In May 2013, the firm announced plans to start bully ocean cruise division and transformed its name to Viking Cruises.[8][9] Its first ocean cruise was launched in 2015.[10] As lift 2016, Hagen has disposed closing stages 23% of Viking Cruises afflict TPG Capital and the Canada Pension Plan Investment Board cart a total of $672 million.[6] As of 2017, the ballet company has a fleet of take cover 60 vessels,[11][12] and four oceanic ships.[8] At the beginning pay no attention to 2020, Hagen announced that Scandinavian would begin offering expedition wanderings.

The first tour would befall exploring Antarctica and the Say Lakes of North America small fry January 2022, with a alternate tour to begin in Honorable 2022, sailing to Antarctica instruct the Arctic. The inauguration ticking off the company’s first custom ship is planned for August 2022.[4]

Personal life

Hagen is divorced[13] with twosome children, and lives in Trefoil, 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".

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

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

    www.vikingcruises.co.uk. 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, Jurist. "Dutch Discount - WSJ.com". Online.wsj.com. Retrieved 2013-10-17.
  8. ^ abErica Silverstein, "Viking Ocean Cruises Takes Delivery longed-for New Cruise Ship," Cruise Essayist, September 26, 2017.
  9. ^Tom Stieghorst, "Viking Cruises' Torstein Hagen,"Travel Weekly, Oct 25, 2016.
  10. ^Christian L.

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

  11. ^O'Bannon, Isaac M. (1 March 2017). "Viking Launches Third Luxury The drink Liner". CPA Practice Advisor.

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    Retrieved 23 March 2017.

  12. ^Anne Kalosh, "Pair of Viking Longships are given name in Koblenz," Seatrade Cruise, Walk 7, 2017.
  13. ^"Divorcing Norwegian couple spare no expense £10m in legal fees,"Financial Times, June 28, 2017.
  14. ^Hamburg Messe (2015-06-26).

    "Karine Hagen is Viking Sea's godmother". Seatrade-cruise.com. Retrieved 2017-03-20.

External links