Saudi Arabia’s state-owned oil giant Saudi Aramco has appointed five new board members, including its first female director, the oil giant said in a statement on Sunday.
The new appointments are:
- Mohammed Al-Jadaan, Minister of Finance;
- Mohammed Al-Tuwaijri, Minister of Economy and Planning;
- Peter L. Cella, former President & CEO at Chevron Phillips Chemical Co.;
- Lynn Laverty Elsenhans, former Chairwoman, President & CEO at Sunoco Inc.;
- Andrew N. Liveris, Director at DowDuPont Inc and Chairman & CEO of Dow Chemical Co.
Liveris will retire from DowDuPont and Dow effective July 1, 2018; his appointment to Aramco board is effective as of the same date.
The five new members to Aramco’s board will join six returning members including Energy Minister Khalid Al-Falih, who is also Aramco’s chairman, and Amin Nasser, Aramco’s Chief Executive.
Meanwhile, three members will exit Aramco board: Majid Al-Moneef, Advisor to the Royal Court; Khaled S. Al-Sultan, Director of King Fahd University of Petroleum and Minerals; and Peter Woicke, former Managing Director of the World Bank.
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