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Orkla board Chair Stein Erik Hagen dies aged 69 (updated)

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OSLO, May 4 (Reuters) - Norwegian billionaire Stein Erik Hagen has died, aged 69, his company Orkla ASA ORK.OL said in a statement on Monday.

Hagen's family group Canica and related companies jointly own a 25% stake in conglomerate Orkla, where he served as chair since 2006.

 "His passing was sudden and unexpected," Orkla CEO Nils Selte said in the statement.

 The board has appointed Liselott Kilaas as acting chair, Orkla said.

(Reporting by Terje Solsvik, editing by Anna Ringstrom)

((terje.solsvik@thomsonreuters.com; +47 918 666 70;))

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