Saudi Aramco Appoints First Ever Woman to Board
Saudi Aramco Appoints First Ever Woman to Board. The Saudi state-owned oil company Saudi Aramco has appointed a female director for the first time. American Lynn Laverty Elsenhans may take one of the eleven seats on the board of the oil giant.
Large international media speak of a significant milestone since in Saudi Arabia it hardly occurs that a woman can work in such a high position. Saudi Aramco is currently working on an IPO.
It must take place this year or early next year and probably makes the oil company the most valuable listed company in the world.
The 61-year-old Elsenhans was previously the top woman of the American fuel distributor Sunoco, and in 2008 the business magazine Forbes considered her one of the most influential women in the world. She also worked for Shell for years.