Saudi Aramco privatisation speculation persists following boardroom reshuffle


Issue 1059 - 11 May 2018 | 4 minute read

Saudi Aramco shook up its board of directors in late April, in the latest sign of reorganisation ahead of the government’s planned sale of a minority stake in the oil giant. Five new board members were appointed, including finance minister Mohammed Al-Jadaan, economy and planning minister Mohammed Al-Tuwaijri and three non-Saudis: former Chevron Phillips Chemical Company chief executive Peter Cella, Dow Chemical Company chief executive Andrew Liveris and former Sunoco chief executive Lynn Elsenhans.

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