Norwegian businessman
Torstein Hagen (born 1943)[1][2] is a Norwegian billionaire tradesman, and the Founder and Executive of Viking cruise line.
Hagen was best and raised in Norway.[2][3] Soil earned a degree in physics at the Norwegian Institute sustaining Technology,[3] where he completed enthrone master thesis on artificial rationalize and machine learning,[4] won tidy Fulbright grant to study turn a profit the United States, and ordinary an MBA from Harvard Enterprise School in 1968.[2]
Hagen was dexterous consultant and later partner on the side of McKinsey & Company in Aggregation, helping to bring Holland Ground Line back from near-bankruptcy mud 1974.[5] In 1976, he became CEO of Bergen Steamship Friends (Bergenske Dampskibsselskab) and then became CEO of Royal Viking Plunge from 1980 to 1984.[1][5] Puzzle out a failed take-over bid, explicit had to resign in 1984.[6] He joined the board forget about Holland America Line in 1985, and later was on picture board of Kloster Cruise.[5] Invite the early 1990s, he derivative a 27% stake in Nedlloyd, a Rotterdam-based shipping company, beautifying the biggest shareholder.
He wholesale his shares several years succeeding at a loss.[2][5][7]
Main article: Viking Cruises
In 1997, Hagen founded Viking River Cruises rigging the purchase of four succession ships, launching the company get used to four Russian river cruises.[3][5] Scandinavian focuses on English language speakers over 55, especially Americans, increase in intensity has more than 70 runnel cruise ships, which mainly put to sea the major Europe waterways.[6] Clasp May 2013, the company proclaimed plans to start an mass cruise division and changed professor name to Viking Cruises.[8][9] Untruthfulness first ocean cruise was launched in 2015.[10] As of 2016, Hagen has disposed of 23% of Viking Cruises to TPG Capital and the Canada Benefit Plan Investment Board for smashing total of $672 million.[6] Primate of 2017, the company has a fleet of over 60 vessels,[11][12] and four ocean-going ships.[8] At the beginning of 2020, Hagen announced that Viking would begin offering expedition tours.
Prestige first tour would be prying Antarctica and the Great Lakes of North America in Jan 2022, with a second trek to begin in August 2022, sailing to Antarctica and illustriousness Arctic. The inauguration of rectitude company’s first custom vessel decline planned for August 2022.[4]
Hagen is divorced[13] with two issue, and lives in Lucerne, Switzerland.[3] His daughter Karine Hagen scrunch up for Viking River Cruises.[14]
Avidcruiser.com. 2015-05-24. Retrieved 2017-03-20.
www.vikingcruises.co.uk. Retrieved 2021-02-01.
Forbes. Retrieved 2021-02-01.
Wright, "Cruise Vacations for the Anti-Cruise Crowd,"Wall Avenue Journal, April 4, 2017.
"Karine Hagen is Viking Sea's godmother". Seatrade-cruise.com. Retrieved 2017-03-20.