Arve Johnsen 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...

 industrial executive and politician

Politician

A politician, political leader, or political figure is an individual who is involved in influencing public policy and decision making...

.

He was educated in business administration with the degree siviløkonom

Siviløkonom

Siviløkonom is an academic degree issued within the field of business administration and economics and a professional title in Norway , obtained after 5 years of studies...

from the Norwegian School of Economics and Business Administration in 1957 and in law

Law

Law is a system of rules and guidelines which are enforced through social institutions to govern behavior, wherever possible. It shapes politics, economics and society in numerous ways and serves as a social mediator of relations between people. Contract law regulates everything from buying a bus...

 with the degree cand.jur. 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 1960.

He was active in the Norwegian Labour Party

Norwegian Labour Party

The Labour Party is a social-democratic political party in Norway. It is the senior partner in the current Norwegian government as part of the Red-Green Coalition, and its leader, Jens Stoltenberg, is the current Prime Minister of Norway....

 and was appointed State Secretary to the Minister of Industry during the first cabinet Bratteli

First cabinet Bratteli

The Bratteli's First Cabinet governed Norway between 17 March 1971 and 18 October 1972. The Labour Party cabinet was led by Trygve Bratteli.On 8 May 1972 there was a cabinet reshuffle...

 early in the 1970s.

Johnsen was the first Chief Executive Officer

Chief executive officer

A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...

 of 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 the company was founded in 1972. He was forced to withdraw in 1987 due to the Mongstad scandal

Mongstad scandal

The Mongstad scandal was a crisis in the Norwegian oil company Statoil in 1987-88.The company exceed the NOK 8 billion budget by NOK 6 billion in upgrading the oil refinery at Mongstad. Retrospectively the reasons for the overexpenditure were attributed to bad planning, technical miscalculations...

.