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Female Chiefs Making Historic Appointments In 2023

Forbes Middle East - English

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Jan 2024

This year has seen some wins for gender diversity in leadership. These 10 notable companies appointed their first women CEOs in 2023, embracing a new era of inclusivity.

- JAMILA GANDHI

Female Chiefs Making Historic Appointments In 2023

Margherita Della Valle 

Group CEO, Vodafone Headquarters: U.K.

Valle became Group CEO of Vodafone in January 2023, becoming the first woman to take the role at the telecom behemoth. She succeeded Nick Read, who left in December 2022. A member of the Vodafone Group Plc Board since July 2018, Valle previously served as group CFO from 2018 to 2023, deputy CFO from 2015 to 2018, and held various finance positions within Vodafone Italy. With a career spanning marketing, operations, and finance, Valle joined Vodafone in 1994 and played a pivotal role in the company's growth. In July 2020, she became a non-executive director of Reckitt Benckiser Group plc.

Stephanie Linnartz

CEO & President, Under Armour Headquarters: U.S.

In February, Linnartz made history by becoming the first female head in Under Armour's history, taking on the roles of president, CEO, and board member. She previously served as the president of Marriott International, where she shaped the company's global strategy, overseeing technology transformation and establishing partnerships with entities like the NFL, NCAA, and the Mercedes-AMG PETRONAS F1 team. Today, Linnartz leads the athletic performance brand's growth strategy, emphasising brand heat, design innovation, and international sales expansion.

Shamsa Al-Falasi

CEO, Citibank, N.A. U.A.E. Regional Headquarters: U.A.E.

MEER VERHALEN VAN Forbes Middle East - English

Forbes Middle East - English

Forbes Middle East - English

SHIFTING ENERGY

For nearly nine decades, Petroleum Development Oman (PDO) has been at the heart of Oman's economic growth. Today, as the first Omani Managing Director of the 88-year-old company, Aflah Al Hadhrami is steering PDO into a new era, one defined by purpose, people, and sustainability.

time to read

7 mins

September 2025 ENG

Forbes Middle East - English

Forbes Middle East - English

SUSTAINABILITY LEADERS 2025

In the Middle East, sustainability continues to move from commitment to action as governments and companies align with global climate goals and national visions.

time to read

3 mins

September 2025 ENG

Forbes Middle East - English

Forbes Middle East - English

NEXT BILLION-DOLLAR STARTUPS

Artificial intelligence dominates this year's list of 25 venture-backed startups we think most likely to reach a $1 billion valuation.

time to read

10 mins

September 2025 ENG

Forbes Middle East - English

Forbes Middle East - English

Money Grows on Trees, Slowly

If you are a very patient investor, you might want to have Angela Davis' CAMPBELL GLOBAL plant you some Douglas fir.

time to read

4 mins

September 2025 ENG

Forbes Middle East - English

Forbes Middle East - English

TURNING WASTE AROUND

Ali Al Dhaheri, Managing Director and CEO of the Tadweer Group, believes that waste can be a powerful resource. As the company strives to divert waste from landfills and reduce emissions in the U.A.E., he's also hoping to have a global impact.

time to read

7 mins

September 2025 ENG

Forbes Middle East - English

Forbes Middle East - English

Crossing Borders

SIDDEEK AHMED, Chairman and Managing Director of travel management company ITL World, expanded the company into the Middle East nearly 20 years ago, having first set up in India. Lured by the rapidly evolving sector then, today he's seeing even more opportunity, both here and abroad.

time to read

4 mins

September 2025 ENG

Forbes Middle East - English

Forbes Middle East - English

FLYING AHEAD

Earlier this year, flynas became the first ever listed carrier in Saudi Arabia to go public, raising $1.1 billion in its landmark IPO. Managing Director and CEO Bander Almohanna now has his sights set on further route expansion and new destinations.

time to read

7 mins

August 2025

Forbes Middle East - English

Forbes Middle East - English

The Vibe-Coding Factory

Stockholm-based LOVABLE has become the world's fastest-growing software startup, hitting over $100 million in annualized revenue in just eight months by using Al to enable millions of non-coders to instantly turn their ideas into websites, apps and online side hustles.

time to read

6 mins

August 2025

Forbes Middle East - English

Forbes Middle East - English

Navigational Hazards

Even with nepotism, protectionism and infinite” liquefied natural gas, THOMAS CROWLEY JR. shows it ain’t easy being the third generation to run an American shipping company.

time to read

6 mins

August 2025

Forbes Middle East - English

Forbes Middle East - English

REDEFINING LUXURY

Noelle Homsy and Chris Nader built luxury ecolodge brand ENVI Lodges to redefine what it means to travel luxuriously and responsibly in the experiential outdoor hospitality space. Now, as they move towards closing their third funding round, bigger plans are on the horizon.

time to read

6 mins

August 2025

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