Svein Rennemo is a Norwegian

Norway

Norway , officially the Kingdom of Norway, is a Nordic unitary constitutional monarchy whose territory comprises the western portion of the Scandinavian Peninsula, Jan Mayen, and the Arctic archipelago of Svalbard and Bouvet Island. Norway has a total area of and a population of about 4.9 million...

 businessperson

Businessperson

A businessperson is someone involved in a particular undertaking of activities for the purpose of generating revenue from a combination of human, financial, or physical capital. An entrepreneur is an example of a business person...

 and chairman of StatoilHydro

StatoilHydro

Statoil ASA, trading as Statoil and formerly known as StatoilHydro, is a Norwegian energy company, formed by the 2007 merger of Statoil with the oil and gas division of Norsk Hydro. The Government of Norway is the largest shareholder in Statoil with 67% of the shares...

 and Statnett

Statnett

Statnett is a Norwegian state owned enterprise responsible for owning, operating and constructing the stem power grid in Norway. The company has its headquarters in Oslo, Norway....

.

Career

Rennemo grew up in Drammen

Drammen

Drammen is a city in Buskerud County, Norway. The port and river city of Drammen is centrally located in the eastern and most populated part of Norway.-Location:...

. He was educated in economics

Economics

Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...

, graduating with the cand.oecon.

Cand.oecon.

Candidatus oeconomices or Candidata oeconomices , often abbreviated cand.oecon. is an academic degree in economics at Danish and Norwegian universities. It is roughly equivalent to a Master of Economics, but it consists of 4+2 years, and was based on a four year cand.mag.. The degree was replaced...

 degree from the University of Oslo

University of Oslo

The University of Oslo , formerly The Royal Frederick University , is the oldest and largest university in Norway, situated in the Norwegian capital of Oslo. The university was founded in 1811 and was modelled after the recently established University of Berlin...

 in 1971. He then work as an adviser for the Norwegian Ministry of Finance

Norwegian Ministry of Finance

The Royal Norwegian Ministry of Finance is a Norwegian ministry established in 1814. The ministry is responsible for state finance, including the state budget, taxation and economic policy in Norway. It is led by Sigbjørn Johnsen...

, Norges Bank and later the Organisation for Economic Co-operation and Development

Organisation for Economic Co-operation and Development

The Organisation for Economic Co-operation and Development is an international economic organisation of 34 countries founded in 1961 to stimulate economic progress and world trade...

. He was also a member of the Workers' Communist Party

Workers' Communist Party (Norway)

The Workers' Communist Party was a Norwegian communist party . AKP was a maoist party and one of two communist parties in Norway; the other was the older Communist Party of Norway which has remained pro-Soviet. The relationship between the two parties was characterized by strong hostility.AKP was...

 during his younger days, but exited that movement in 1975 when party executives called for self-proletarianization

Proletarianization

Proletarianization is a concept in Marxism and Marxist sociology. It refers to the social process whereby people move from being either an employer, unemployed or self-employed, to being employed as wage labor by an employer...

.

He worked for Statoil

Statoil

Statoil ASA is a Norwegian petroleum company established in 1972. It merged with Norsk Hydro in 2007 and was known as StatoilHydro until 2009, when the name was changed back to Statoil ASA. The brand Statoil was retained as a chain of fuel stations owned by StatoilHydro...

 from 1982 to 1994, including holding executive offices within finance and the petrochemical

Petrochemical

Petrochemicals are chemical products derived from petroleum. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable sources such as corn or sugar cane....

 division. In 1994 he was appointed chief financial officer, and in 1997 chief executive officer (CEO) of Borealis

Borealis

Borealis AG is Europe's second largest producer of polyethylene and polypropylene and is headquartered in Vienna, Austria.-Overview:...

. He left Borealis in 2001, and worked briefly for the consultant company Econ. In 2002 has hired by Jens Ulltveit-Moe

Jens Ulltveit-Moe

Jens Ulltveit-Moe is a Norwegian businessperson. He founded Umoe in 1984, and retains ownership of the group. Ulltveit-Moe is CEO of Umoe, and was formerly Chairman of Petroleum Geo-Services.-Biography:...

 as CEO of Petroleum Geo-Services

Petroleum Geo-Services

Petroleum Geo-Services ASA, an oilfield service company, provides geophysical services worldwide. The company provides various seismic and reservoir services, including acquisition, processing, interpretation, and field evaluation. The floating production unit was demerged in 2006 and listed as a...

, a position he held until 1 April 2008 when he replaced Marit Arnstad

Marit Arnstad

Marit Arnstad is a Norwegian lawyer and politician.Arnstad was born in Stjørdal. She held various jobs and offices before entering politics on a national level in 1993. That year, she was elected to the Storting and sat as a representative for the Centre Party from 1993 to 1997...

 as chairman of StatoilHydro

StatoilHydro

Statoil ASA, trading as Statoil and formerly known as StatoilHydro, is a Norwegian energy company, formed by the 2007 merger of Statoil with the oil and gas division of Norsk Hydro. The Government of Norway is the largest shareholder in Statoil with 67% of the shares...

. Eivind Reiten

Eivind Reiten

Eivind Kristofer Reiten is a Norwegian economist, corporate officer and politician for the Centre Party. He was a Minister of Fisheries and Minister of Petroleum and Energy during the 1980s, before entering a career in business. Reiten served as the Director General of Norsk Hydro between 2001...

 was the original choice as new chairman, but he left in late 2007 after only four days.

Rennemo was previously a short-time board member of Kværner, from May to November 2001. He has also been chairman in Statnett

Statnett

Statnett is a Norwegian state owned enterprise responsible for owning, operating and constructing the stem power grid in Norway. The company has its headquarters in Oslo, Norway....

, Intopto, Pharmaq and Tomra Systems and a board member of Norsk Hydro

Norsk Hydro

Norsk Hydro ASA is a Norwegian aluminium and renewable energy company, headquartered in Oslo. Hydro is the fourth largest integrated aluminium company worldwide. It has operations in some 40 countries around the world and is active on all continents. The Norwegian state holds a 43.8 percent...

. In June 2009 he was announced as the new deputy board chairman of Norske Skog

Norske Skog

Norske Skogindustrier ASA or Norske Skog, which translates as Norwegian Forest Industries, is a Norwegian pulp and paper company based in Oslo, Norway and established in 1962...

. Their chairman is Eivind Reiten.

His hobbies include jogging

Jogging

Jogging is a form of trotting or running at a slow or leisurely pace. The main intention is to increase fitness with less stress on the body than from faster running.-Definition:...

, skiing, cycling and kayaking. He lives in Oslo

Oslo

Oslo is a municipality, as well as the capital and most populous city in Norway. As a municipality , it was established on 1 January 1838. Founded around 1048 by King Harald III of Norway, the city was largely destroyed by fire in 1624. The city was moved under the reign of Denmark–Norway's King...

.