Career
He was editor-in-chief and administrative director of television 2 from October 1999 until June 2007, when he retired. He was the father of economist and editor Per Valebrokk. Valebrokk started his media career as a journalist in Morgenbladet from 1962 to 1968, and was later a journalist in Verdens Gang from 1979 to 1985.
In 1985, Valebrokk was appointed editor-in-chief of the newspaper Dagens Næringsliv, a position he held until he joined television 2 in 1999.
From 1989 he was also the Chief Executive Officer of Norges Handelsog Sjøfartstidende AS, the company that published the newspaper. He has advocated libertarian views, like flat tax
After his retirement from television 2, Valebrokk wrote a weekly column for Aftenposten, and, among other tasks, was chairman of the Bergen Art Museum. He was 72 years old.