Lynn Elsenhans

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Lynn Laverty Elsenhans
Occupation(s)Former Chairperson, President and CEO of Sunoco, Inc.

Lynn Laverty Elsenhans is a businessperson who is the former chairperson, chief executive officer, and president of Sunoco. [1]

Contents

Career

Lynn Elsenhans served as the Sunoco's chairperson and as the company's chief executive officer and president until 2012. Since October 2008, she is also the chairwoman of Sunoco Partners LLC. [1] Prior to joining Sunoco, Elsenhans served as the executive vice president of global manufacturing for Shell Downstream Inc., a subsidiary of Royal Dutch Shell Group for more than 28 years.

Elsenhans also served on Baker Hughes's board of directors from 2012 to July 2017 and currently sits on the board of GlaxoSmithKline. [2]

In April 2018, she was the first woman to be appointed as board member in the state-run Saudi Aramco. [3]

Elsenhans was voted number 10 on Forbes' 2009 "The 100 Most Powerful Women" list. [4]

Compensation

While CEO of Sunoco in 2008, Elsenhans earned a total compensation of $12,062,024, which included a base salary of $515,077, a cash bonus of $794,007, stock granted of $8,313,716, and options granted of $2,265,934. [5]

Education

Lynn Laverty Elsenhans received a B.A. degree in applied mathematics from Rice University. She played on Rice's first women's basketball team. [6] However, the team went 0–11 in its first season. [7] She donated $5 million to start the university's women's golf program slated to start in 2026. [8] [9]

Elsenhane later received an MBA degree from Harvard Business School. [1]

See also

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References

  1. 1 2 3 "Executive Profile Lynn Laverty Elsenhans". Bloomberg L.P. Retrieved March 17, 2017.
  2. "saudi-aramco-appoints-new-board-members-including-woman". The Economic Times. 2018-04-29. Retrieved 2018-04-29.
  3. "Saudi Aramco appoints first woman to the board". The Economic Times. 2018-04-29. Archived from the original on 2018-04-29. Retrieved 2018-04-29.
  4. "The 100 Most Powerful Women". Forbes.com.
  5. 2008 CEO Compensation for Lynn Laverty Elsenhans Archived 2009-11-01 at the Wayback Machine , Equilar.com
  6. Hess, Abigail Johnson (2017-01-11). "If you want to be a CEO later, play sports now". CNBC. Retrieved 2022-03-15.
  7. "Sunoco CEO Lynn Laverty Elsenhans played for Rice's first women's basketball team". Business Insider. Retrieved 2022-03-15.
  8. "College golf coaches job blog: News from around the coaching community for 2024". 10 May 2024.
  9. "Rice to Add Women's Golf in 2026-27" (Press release). Rice Owls. May 10, 2024. Retrieved May 13, 2024.