Khalid A. Al-Falih
|Khalid A. Al Falih|
|Khalid A. Al Falih at the World Economic Forum Annual Meeting 2012, Davos, Switzerland|
|President & CEO, Saudi Aramco|
1 January 2009 – Present
|Preceded by||Abdallah S. Jum'ah|
|Born||1960 (age 53–54)
Riyadh, Saudi Arabia
|Residence||Dhahran, Saudi Arabia|
|Alma mater||Texas A&M University '82
King Fahd University of Petroleum and Minerals '91
Early Life and Education
Falih was born in 1960 in Riyadh, Saudi Arabia. He was raised in Dammam. He attended Texas A&M University in College Station, earning a B.S. degree in mechanical engineering in 1982 and later pursued an MBA at King Fahd University of Petroleum and Minerals, which he completed in 1991.
Early years at Aramco: 1979 - 2008
Al-Falih joined Saudi Aramco (formerly, Aramco) in 1979. For over several years, he held positions of increasing responsibility and in 1992, he joined the Consulting Services Department (CSD). He supervised several technical units, mainly the Mechanical and Civil Systems Division and was named manager of CSD in January 1995. He was assigned as manager, Ras Tanura Refinery Maintenance Department in late 1995; and by 1998; manager, Business Analysis Department.
In July 1999, he became president of Petron Corporation, a joint venture between Saudi Aramco and the Philippine National Oil Company. He returned to the Kingdom in September 2000 to serve as vice chairman on the Saudi Aramco Study Team for Upstream Gas Ventures, until his appointment as vice president of Gas Ventures Development and Coordination in May 2001. He played an instrumental role in the negotiations with the international oil companies (IOCs) & other major national oil companies (NOCs) in connection with the Kingdom's Natural Gas Initiative. Ultimately, four joint ventures, namely - South Rub' al-Khali Company (SRAK), Luksar Energy, Sino Saudi Gas & EniRepSa Gas  were consummated between Saudi Aramco and various leading IOCs, Nocs and emerging oil companies.
In October 2004, Al-Falih was appointed to the Board of Directors of Saudi Aramco. He also served as chairman of the board of the South Rub' al-Khali joint venture between Shell, Total and Saudi Aramco.
CEO of Saudi Aramco: 2009 - Present
In Nov 2008, the then president and CEO of Saudi Aramco, Abdallah S. Jum'ah decided to retire and Khalid A. Al-Falih, who was serving as executive vice president of Operations was appointed as the new president and CEO of the company effective January 1, 2009.
Public life and board memberships
He is active in many social programs, and previously served as chairman of the Dammam City Municipal Council. His board memberships in other community-focused organizations include the Technical and Vocational Training Corporation, the Prince Sultan Bin Abdul Aziz Fund for Supporting Small Business Projects for Women, and the Eastern Province Society for the Handicapped.
He is a founding member of King Abdullah University of Science and Technology and serves as a member of its Board of Trustees. He sits on the Board of Directors of U.S.-Saudi Arabian Business Council and also serves as a member of the JP Morgan International Council.
- Biography of Khalid A. Al-Falih|Saudi Aramco Website
- Khalid A. Al-Falih on ameinfo.com
- Khalid A. Al-Falih | weforum.org
- Bio of Khalid A. Al-Falih on globalbusinessleaders.org
- Saudi Aramco Upstream Gas joint ventures
- Saudi Aramco Ventures Continue Gas Exploration in Saudi Desert
- South Rub Al Khali Co., a joint venture between Royal Dutch Shell Plc (RDSA) and Saudi Arabian Oil Co.
- Luksar, a joint venture between Russia's Lukoil (80%) and Saudi Arabia Energy (20%)
- "Saudi Aramco Announces CEO & President". aramcoexpats.com.
- "New Saudi Aramco CEO Named". 2 November 2008.
- "Board of Directors of U.S.-Saudi Arabian Business Council Bio – Khalid A. Al-Falih".
- Executive Profile- Khalid A. Al-Falih|Bloomberg Businessweek