People are often surprised to learn, number one, that I work in the oil and gas industry and, number two, that I’m the chief financial officer of a global company – and, I must admit, I understand. Not many women who look like me are in my position but, I…
Rani Puranik is the co-owner, executive vice president and global CFO of Houston-based Worldwide Oilfield Machine (WOM), a multinational, privately-held engineering and manufacturing company for oil and gas, railways and defense. WOM curates customer-centric solutions using innovative engineering design and its own vertically integrated manufacturing capabilities to operate and service from 13 global locations with more than 4,000 employees. Puranik’s leadership has set an optimistic plan to grow WOM 10 times, including a visionary blueprint for the next 200 years.
Puranik thrives at leading innovation, empowering others, and inspiring collaboration within WOM and its CSR arm, Puranik Foundation, which she chairs. The foundation was started by her mother Rekha and is now managed by her daughter Bhakti, representing three generations of women committed to education, wellness and sustainability.
Puranik serves as a board member for the World Affairs Council, Junior Achievement, and Rice Council of Overseers and is a member of the Greater Houston Partnership. She has been honored by Women in the Fast Lane of STEAM, Greater Houston Women’s Chamber of Commerce, Texas Women’s Foundation’s Maura Award, “Enterprising Woman of the Year,” and Indo-American Chamber of Commerce Entrepreneur of the Year. She is a Daily Point of Light honoree and is recognized among Houston’s Top 30 Influential Women.
With a bachelor’s degree in commerce and an accounting minor from the University of Pune, as well as an MBA in finance from Rice University, Rani Puranik is a mentor, friend and mother to two grown daughters, many godchildren and two rescue dogs. She currently resides in Houston, Texas, and believes her purpose is to be and build bridges to hand over a stronger, brighter and powerfully stable torch to the next generations.
Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.