SAUDI ARABIA - The Board Of Saudi Aramco.This company's board of directors has 12 members. On Oct. 30, 2001, King Fahd issued a Royal Order changing four of the members, with the board's three-year tenure effective from Nov. 30. The previous board change was made in late Feb. 1996. The board includes: (1) Minister Naimi, as chairman; (2) Dr. Abdel Rahman Bin Abdel Aziz Al Tuweijri, close to Prince Abdullah and secretary general of the Supreme Economic Council, appointed Oct. 30, 2001 to succeed Commerce Minister Osama Al Faqih who became a board member in late Feb. 1996; (3) Finance & Economy Minister Dr. Ibrahim Al Assaf, retained since 1996; (4) State Minister and Saudi Ports Authority Chairman Dr. Abdel Aziz Bin Ibrahim Al Manie', appointed Oct. 30, 2001 replacing State Minister Musaed Al Ayban who became member in Feb. 1996; (5) Dr. Mohammed Bin Ibrahim Al Suwayel, vice president of the King Abdel Aziz City for Science & Technology, appointed Oct. 30, 2001 replacing Abdel Aziz Al Dukhayil who is rector RECTOR, Eccl. law. One who rules or governs a name given to certain officers of the Roman church. Dict. Canonique, h.v. of King Fahd University of Petroleum & Minerals; (6) Abdullah Jum'ah, president of Saudi Aramco Saudi Aramco, the state-owned national oil company of Saudi Arabia, is the largest oil corporation in the world and the world's largest in terms of proven crude oil reserves and production. , retained since Aug. 1995; (7) Sadad Bin Ibrahim Al Husseini, exec. vice president (EVP EVP Executive Vice President EVP EGR (Exhaust Gas Recirculation) Valve Position Sensor EVP Electronic Voice Phenomenon EVP Europäische Volkspartei (Germany) EVP Employee Value Proposition ), retained since Feb. 1996; (8) Abdel Aziz Al Hokail, EVP for manufacturing, retained since Feb. 1996; (9) Abdullah Bin Saif Al Saif, SVP SVP S'il Vous Plaît (French: Please) SVP Senior Vice President SVP Schweizerische Volkspartei (Swiss People~s Party) SVP Society of Vertebrate Paleontology SVP Social Venture Partners SVP St Vincent de Paul for E&P, retained since 1989; (10) Victor Beghini, former CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Marathon which is a 20% partner in the ExxonMobil-led Core Project 2 for the Red Sea, appointed Oct. 30, 2001 replacing Harold Haynes who is vice chairman of Bechtel Enterprises and former chairman of Chevron; (11) James Kinnear, a former CEO of Texaco, retained since Feb. 1996; and (12) Rodney Wagner, of Morgan Guaranty As a verb, to agree to be responsible for the payment of another's debt or the performance of another's duty, liability, or obligation if that person does not perform as he or she is legally obligated to do; to assume the responsibility of a guarantor; to warrant. , retained since 1989. Attached to the board of director are executive commissions. These are formed on ad hoc For this purpose. Meaning "to this" in Latin, it refers to dealing with special situations as they occur rather than functions that are repeated on a regular basis. See ad hoc query and ad hoc mode. basis, especially when the board needs additional studies concerning major projects or a big overseas acquisition. Such a committee is formed also to study major problems or disputes. |
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