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Nov 23, 2017 |

Nov 23, 2017 |

Nov 23, 2017 | 9:05 pm EST

WSJ.com: What's News US

Lucia Trade Award

The Lucia Trade Award

The annual award is alternately given to a Swede and an American who has significantly contributed to fostering free trade between the two nations.

Instituted in 1988, the Lucia Trade Award commemorates the 350th anniversary of the first Swedish settlement in the United States. Like Saint Lucia herself, the award symbolizes light, hope and peace.

Each year, the Award is given to a person who has significantly contributed to fostering free trade between the U.S. and Sweden. It affirms a philosophy of peace through trade, and acknowledges that interdependence, cooperation and communication enhance mutual understanding. U.S. President Ronald Reagan was the inaugural recipient of the award, followed by H.R.H Prince Bertil, the first Swedish recipient.

The Award itself is an intriguing glass sculpture by Bertil Vallien, world renowned Swedish designer of Orrefors Kosta Boda crystal. Entitled “The Voyage”, the award is a 20-inch long sculpture in the form of a seafaring trade vessel. Captured within the hull of the ship are allegorical reference to the Swedish-American trade relations and the spirit of the Lucia tradition.

Included within the crystal sculpture is a vivid blue and yellow representation of the Swedish flag, a glass “parcel” signifying goods and free trade, a key-shaped metal object symbolizing “open doors” and the “Key of Kalmar (Kalmar Nyckel), the first ship that brought Swedish emigrants to America. Several free-floating stars represent America.

Recipients include: 

1995: Lodwrick M. Cook Former Chairman & CEO, ARCO

Lodwrick M. Cook, Former Chairman and Chief Executive Officer of ARCO, has compiled a history of creative management that spans nearly 40 years with the company.

Starting as an engineer trainee, through a series of management assignments in labor relations, refining and marketing, planning, supply and transportation and in executive management, Mr. Cook has made innovative decisions that have set new directions.

He became ARCO'S President and CEO in 1985 and Chairman in 1996, when the company's founder, legendary oilman and Swedish descendant Robert O. Anderson, retired. It was a critical time of change for the company and the industry. A major drop in oil prices was predicted and reorganization was necessary. Under Mr. Cook's leadership the strategy for the future was formulated and the result was higher earnings and a higher valuation in the stock market.

Cleaner air, a by-product of reformulated, low-emission gasoline pioneered by ARCO in 1989 may be Mr. Cook's most significant legacy to the public. In a short time, EC-1, a clean-burning, emission control gasoline was designed for older cars. It was designed to meet requirements to be put into effect by the Southern California Air Quality Management Board.

International trade is the very heart of the oil business and Mr. Cook has been active beyond his geographical and industrial base. He has been consulted by Presidents Reagan, Bush, and Clinton on matters ranging from energy to economics. He worked with President Carter in his efforts to solve problems in the inner cities and supported the Nixon Library.

1994: Dr. Percy Barnevik Chairman, Hand in Hand International

Dr. Percy Barnevik received the Lucia Trade Award while Chairman of ABB Asea Brown Boveri, Ltd. Dr. Barnevik has been cited as one of the most successful among world industrial leaders.

A strong believer in the importance of world trade, Dr. Barnevik was urging investment in the lands of Eastern Europe and before most other industrial leaders. He sees the Near and Far East as the growing markets of the future.

In 1969 Dr. Barnevik joined the Swedish specialty steel and toolmaker Sandvik AB, becoming President of Sandvik's operations in the in 1975. He was based in New Jersey until 1979 when he became Executive Vice President of Sandvik worldwide and moved back to Sweden.

The next year he joined ASEA of Sweden as President and Chief Executive Officer. Since 1988, following the merger of ASEA with Brown Boveri, he served as President and CEO of ABB Asea Brown Boveri, one of the world's leading electrotechnical engineering groups.

Dr. Barnevik holds economic and technical honorary doctorate degrees from the Universities of Gothenburg and Linköping . He is the recipient of many awards, including the "Manager of the Year" award in Europe and the "International Executive of the Year" award from the Fellows of the Academy of International Business. In addition, he was ranked the number one CEO in Europe among the top 500 companies in 1994.

1993: Frank Anderson Shrontz Former Chairman & CEO, Boeing Company

Frank Anderson Shrontz was at the time he received The Lucia Trade Award Chairman and Chief Executive Officer of the Boeing Company located in Seattle Washington. He was elected CEO of Boeing in 1986 and became Chairman of the Board in 1988. He had been elected President and member of the Board of Directors in 1985.

Mr. Shrontz joined Boeing in 1958. He was appointed Assistant Secretary of the United States Air Force for installations and logistics in 1973. In 1976, he became Secretary of Defense. He rejoined Boeing in 1977 as Corporate Vice President in charge of contract administration and planning.

From 1978 to May 1982 Mr. Shrontz was Vice President and General Manager of the 707/727/737 Division of the Boeing Commercial Airplane Company. From May 1982 until 1984 he was Vice President of Sales for the Commercial Airplane Company until he became President of The Boeing Company in 1985.

Mr. Shrontz was born in 1931 and raised in Boise, Idaho. He earned a Bachelor of law degree at the University of Idaho in 1954 and a Masters degree in business administration from the Harvard Graduate School of Business Administration in 1958. He was also a Sloan Fellow at the Stanford Graduate School of Business Administration. He is currently citizen regent of the board of regents of the Smithsonian Institution and he serves on the board of Chevron Corporation as well as the board of the Seattle Mariners baseball club.

1992: Dr. Hans Rausing Honorary Chairman, Tetra Laval Group

Dr. Hans Rausing is Honorary Chairman of the Tetra Laval Group, formed when Tetra Pak acquired Alfa-Laval. He served for 33 prior years as President of Tetra Pak, the family company which manufactures containers for milk, juice, and other basic products.

The company has been so successful internationally that, with his brother Gad, Dr. Rausing is rated the richest Swede and among the five most affluent people in the world. Modest in manner, he noted that he only counts the money he has in the bank and not the major amounts invested around the world.

Dr. Rausing indicated in an international interview that he credits the idea of Tetra Pak to a story which he read as a young man in his father's library. He doesn't recall the plot, but the difficulties in getting fresh milk for an upper-class family as late as this century impressed upon him the need to provide packaging that would make the problem obsolete. From this simple concept came the multi-billion dollar international company.

Dr. Rausing has been member of the Royal Swedish Academy of Sciences since 1984 and was elected an Honorary Member of both this Academy and the Academy of Natural Sciences, in 1994. He is the founding Trustee of the World Resource Foundation and has a deep interest in conservation. He is closely involved with nutritional programs in Third World countries.

Together with his wife Marit, to whom he gives much of the credit of his success, Dr. Rausing presently lives in. His worldwide interests continue to include the prosperity of his native land. Unassuming about his own personal achievements, he encourages a world point of view that involves both peace and trade.

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