Lynn Laverty Elsenhans Appointed to Aramco Board of Directors

Lynn Laverty Elsenhans has become the first woman ever appointed to the Board of Directors of Aramco.

Lynn Laverty Elsenhans is the former chairwoman, president and CEO of US oil refiner Sunoco Inc. from 2008 to 2012. Elsenhans was named by Forbes as one of the world’s most powerful women in 2008. Prior to her role at Sunoco, Elsenhans was the executive vice president of global manufacturing for Royal Dutch Shell, where she worked for more than 28 years. She also served on Baker Hughes’s board of directors from 2012 to July 2017 and sits on the board of GlaxoSmithKline.

Lynn Laverty Elsenhans Marks Another First for Women in Saudi Business

Last year, the Saudi Stock Exchange appointed Sarah Al-Suhaimi, as its first female chair. She was the first woman to chair a major government financial institution in the kingdom.

In 2004, Lubna Olayan became the first woman to be elected to the board of Saudi Hollandi Bank, now called Alawwal Bank. In 2006, Lubna was one of four new appointments by PIF to the board of Ma’aden, the Gulf’s largest miner.

Read more about this article at Saudi Gazette.

Vision 2030 Sets Goals for Women in Saudi Workforce

Saudi Arabia’s Vision 2030 sets the target of increasing women’s participation in the workforce from 22 to 30 percent. Since 2010, the number of Saudi women in the workforce has increased 48 percent. U.S. and international companies are working with partners in the Kingdom to realize this goal by unlocking positions in key sectors that benefit from the expertise, training, and experience of Saudi women.