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Stein H. Annexstad

Stein Holst Annexstad (born 1944) is a Norwegian businessperson and politician for the Conservative Party.

Business edit

He has worked in Dyno Industrier, Nycomed and Hafslund Nycomed.[1] He is the chairman of the board of Investinor (formerly known as Statens Investeringsselskap), whose task is to invest in fledgling Norwegian companies, through a 49% ownership. This public investment fund has an initial capital of about $300 million.[2] In addition, Annexstad has been a member of the board of SINTEF, Biotec Pharmacon, Algeta, Cermaq, SensoNor, Fokus Bank and the Norwegian School of Management.[1]

In 2005 controversy surrounded Annexstad, as he, Trond Wennberg and Jan Gunnar Hartvig were paid a total of $8 million in fees from the investment fund Norgesinvestor 2, despite the fund having low proceeds in general. Smaller investors had earned far lower proceeds.[3] According to the newspaper Dagens Næringsliv, the three had earned $18.5 million from 1996 to 2004, from an initial capital of $250,000.[4]

Annexstad has a fortune of $7.0 million.[5]

Politics edit

Annexstad is a member of Asker municipal council, representing the Conservative Party.[6] He was elected in 2007; when he was nominated for the ticket the local newspaper described this as a "surprise".[7]

As of 2007 he was the wealthiest politician in the municipalities Asker and Bærum, ahead of businessman and fellow Conservative representative Leif Frode Onarheim.[8]

References edit

  1. ^ a b Board of directors of Investinor[permanent dead link]
  2. ^ Nilsen, Sverre Rørvik (27 March 2008). "2,2 milliarder kroner tilgjengelig". Hegnar Online (in Norwegian). Retrieved 23 November 2008.
  3. ^ "Forvalternes fondsfest". Dagens Næringsliv (in Norwegian). 17 October 2005. Retrieved 23 November 2008.
  4. ^ "Investorer raser mot høye honorarer". Dagens Næringsliv (in Norwegian). 31 May 2005. Retrieved 23 November 2008.
  5. ^ Tax lists of Norway, 2007
  6. ^ Brevik, Christian (11 September 2007). . Budstikka (in Norwegian). Archived from the original on 17 September 2007. Retrieved 23 November 2008.
  7. ^ Myklebust, Vidar Ryther (25 November 2006). "Skal score for Høyre". Budstikka (in Norwegian). Archived from the original on 10 August 2007. Retrieved 23 November 2008.
  8. ^ Moe-Winther, Sivert (16 October 2008). . Budstikka (in Norwegian). Archived from the original on 19 October 2008. Retrieved 23 November 2008.


stein, annexstad, stein, holst, annexstad, born, 1944, norwegian, businessperson, politician, conservative, party, business, edithe, worked, dyno, industrier, nycomed, hafslund, nycomed, chairman, board, investinor, formerly, known, statens, investeringsselska. Stein Holst Annexstad born 1944 is a Norwegian businessperson and politician for the Conservative Party Business editHe has worked in Dyno Industrier Nycomed and Hafslund Nycomed 1 He is the chairman of the board of Investinor formerly known as Statens Investeringsselskap whose task is to invest in fledgling Norwegian companies through a 49 ownership This public investment fund has an initial capital of about 300 million 2 In addition Annexstad has been a member of the board of SINTEF Biotec Pharmacon Algeta Cermaq SensoNor Fokus Bank and the Norwegian School of Management 1 In 2005 controversy surrounded Annexstad as he Trond Wennberg and Jan Gunnar Hartvig were paid a total of 8 million in fees from the investment fund Norgesinvestor 2 despite the fund having low proceeds in general Smaller investors had earned far lower proceeds 3 According to the newspaper Dagens Naeringsliv the three had earned 18 5 million from 1996 to 2004 from an initial capital of 250 000 4 Annexstad has a fortune of 7 0 million 5 Politics editAnnexstad is a member of Asker municipal council representing the Conservative Party 6 He was elected in 2007 when he was nominated for the ticket the local newspaper described this as a surprise 7 As of 2007 he was the wealthiest politician in the municipalities Asker and Baerum ahead of businessman and fellow Conservative representative Leif Frode Onarheim 8 References edit a b Board of directors of Investinor permanent dead link Nilsen Sverre Rorvik 27 March 2008 2 2 milliarder kroner tilgjengelig Hegnar Online in Norwegian Retrieved 23 November 2008 Forvalternes fondsfest Dagens Naeringsliv in Norwegian 17 October 2005 Retrieved 23 November 2008 Investorer raser mot hoye honorarer Dagens Naeringsliv in Norwegian 31 May 2005 Retrieved 23 November 2008 Tax lists of Norway 2007 Brevik Christian 11 September 2007 Disse er klare for Asker kommunestyre Budstikka in Norwegian Archived from the original on 17 September 2007 Retrieved 23 November 2008 Myklebust Vidar Ryther 25 November 2006 Skal score for Hoyre Budstikka in Norwegian Archived from the original on 10 August 2007 Retrieved 23 November 2008 Moe Winther Sivert 16 October 2008 48 millioner pa bok Budstikka in Norwegian Archived from the original on 19 October 2008 Retrieved 23 November 2008 nbsp This Norwegian business biographical article is a stub You can help Wikipedia by expanding it vte nbsp nbsp This article about a Norwegian politician born in the 1940s is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Stein H Annexstad amp oldid 1058711294, wikipedia, wiki, book, books, library,

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