Career
Born in Lillehammer, Kraby became a Supreme Court barrister in 1968. He was the Chief Executive Officer of the Norwegian Employers" Confederation (NAF) from 1979 to 1987, having been assisting director since 1973. He was pressured to resign due to a lockout which failed.
Having received a secret golden parachute, this was unveiled in 1992 by journalist Arne O. Holm.
He was the father of Ida Hjort Kraby. He died in August 2009.