Aramco CEO Survives Drones, Outlasts Rival in Hairy IPO Year
- Nasser racks up $90 billion of refining and chemicals buyouts
- Aramco IPO could be world’s biggest initial public offering
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Saudi Aramco Chief Executive Officer Amin Nasser will find himself at the helm of the world’s largest publicly traded company when the shares of the giant oil producer start trading on the Riyadh stock exchange later this month.
It will cap a stormy year for the 60-year-old petroleum engineer, who’s proven a skillful survivor. He demonstrated his managerial prowess after the Sept. 14 drone and missile attacks that knocked out more than half of the state producer’s oil production: Aramco restored output within 11 days and continued to meet its commitments to customers.