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Umm Al-Qura Cement Co. Announces Resignation of a CEO
| Element List | Explanation |
|---|---|
| Introduction | Umm Al-Qura Cement Company announces the decision of the Board of Directors of the company in its meeting held on 29 Muharam 1445 AH corresponding to 16 August 2023 AD, to accept the resignation of Mr. Majid Tarik Gharbawi from his position as CEO of the company, submitted on 9 August 2023 AD, due to personal circumstances. The resignation shall take effect as of 19 October 2023 AD. The Board of Directors extends their sincere gratitude to Mr. Majid Gharbawi for his dedicated and exceptional efforts he made throughout his tenure with the company, wishing him the best in his future endeavors, both professionally and personally. The company will announce any developments regarding the appointment of a new CEO for the company in due course. |
| Element List | Explanation |
|---|---|
| Name of the Resigned CEO | Majid Tarek Salah Gharbawi |
| Resignation Acceptance Date | 2023-08-16 Corresponding to 1445-01-29 |
| Resignation Effective Date | 2023-10-19 Corresponding to 1445-04-04 |
| Reasons for Resignation | Personal circumstances |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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Last Price 13.64
Net Change -0.03 (-0.22%)
Value Traded (Sar) 572,266.79
Volume Traded 41,910
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