Tor Espedal (8 June 1934 – 25 April 2017) was a Norwegian businessperson. He was born in

Forsand Forsand is a former municipality in Rogaland county, Norway. The municipality existed from 1871 until 2020 when it was merged into Sandnes municipality. It was located in the traditional district of Ryfylke. The administrative centre of the m ...

. He finished his secondary education at Rogaland Public Gymnasium in 1950, graduated from the

Norwegian School of Economics The Norwegian School of Economics ( no, Norges Handelshøyskole) or NHH is a business school situated in Bergen, Norway. It was founded in 1936 as Norway's first business school and is a leading teaching and research institution in the fields of ...

with the siv.øk. degree and also took education at the

University of Bergen The University of Bergen ( no, Universitetet i Bergen, ) is a research-intensive state university located in Bergen, Norway. As of 2019, the university has over 4,000 employees and 18,000 students. It was established by an act of parliament in 194 ...

and

Harvard University Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of high ...

. After working in the

Ministry of Finance A ministry of finance is a part of the government in most countries that is responsible for matters related to the finance. Lists of current ministries of finance Named "Ministry" * Ministry of Finance (Afghanistan) * Ministry of Finance and ...

and

Laerdal Medical Laerdal is a multinational company that develops products and programs for healthcare providers, voluntary organizations, educational institutions, hospitals, and the military worldwide. Laerdal has above 2000 employees in 25 countries. The head ...

he was hired in the Norwegian State Oil Company (Statoil) in 1973. He started as chief financial officer, moved on to other capacities and remained in the leadership of Statoil until 1995, with shorter tenures elsewhere. From 1978 to 1982 he was the chief executive officer of

Sandnes Acuderverk Sandnes () is a city and municipality in Rogaland, Norway. It lies immediately south of Stavanger, the 4th largest city in Norway and together, the Stavanger/Sandnes area is the third-largest urban area in Norway. The urban city of Sandnes lies ...

; in 1987 he was the acting chief executive officer of

Kongsberg Våpenfabrikk Kongsberg Gruppen is an international technology group headquartered in Norway, that supplies High tech, high-technology systems to customers in the merchant marine, Defense industry, defence, aerospace, Offshore drilling, offshore oil and gas in ...

for half a year and in 1988 he was appointed to clean up after Statoil's own

Mongstad scandal The Mongstad scandal was a crisis in the Norwegian oil company Statoil in 1987–88. The company exceeded the NOK 8 billion budget by NOK 6 billion in upgrading the oil refinery at Mongstad. Retrospectively the reasons for the overexpenditure wer ...

. Espedal chaired the board of

Rikshospitalet Oslo University Hospital, Rikshospitalet is one of the four main campuses of Oslo University Hospital in Oslo, Norway. It was an independent hospital, ''Rigshospitalet'', later spelled ''Rikshospitalet'' ("The National Hospital"), from 1826 to 200 ...

from 1989 to 2002. He also chaired Laerdal Medical and

Standards Norway Standards Norway ( no, Standard Norge, SN) is the main standards organization of Norway. It claims responsibility for all standardization areas except for electrotechnical and telecommunication issues. Standards Norway holds the right to the trade ...

and was a board member of the

Lillehammer Olympic Organizing Committee The Lillehammer Olympic Organizing Committee or LOOC was the company responsible for organizing the 1994 Winter Olympics in Lillehammer, Norway. The company was founded on 15 November 1988, after Lillehammer's successful bid to host the games, ...

and the

Norwegian State Railways Vygruppen, branded as Vy, is a government-owned railway company which operates most passenger train services and many bus services in Norway. The company is owned by the Norwegian Ministry of Transport. Its sub-brands include Vy Buss coach se ...

. He was the father of

Harald Espedal Harald Espedal (born 4 March 1972) is a Norwegian businessperson. He is a son of Tor Espedal, and stood out in his early teenage years as a stock trade prodigy. He was born in Stavanger, graduated from the Norwegian School of Economics in 1996 an ...

. Tor Espedal died in 2017.

References

{{DEFAULTSORT:Espedal, Tor 1934 births 2017 deaths People from Forsand Norwegian School of Economics alumni Norwegian businesspeople in the oil industry Equinor people