IssuerAnnouncementDetailsV2Portlet
Saudi Ground Services Co. Announces Resignation and Appointment of a CEO
Element List | Explanation |
---|---|
Introduction | The Saudi Ground Services Company announces that its Board of Directors has accepted the resignation of the Company's Chief Executive Officer, Mr. Raed bin Hassan Al-Idrissi dated 24 July 2024 corresponded to 18-01-1446 based on his personal and work conditions, based on the recommendation of the Nominations and Remuneration Committee. The Board of Directors, based on the recommendation of the Nominations and Remuneration Committee, has also issued its decision to appoint Mr. Mohammed bin AbdulKarim Mazi as the Chief Executive Officer of the Saudi Ground Services Company, effective from 01-09-2024. The Board of Directors extends its thanks and appreciation to Mr. Raed bin Hassan Al-Idrissi for his efforts during the period he spent serving the Company since joining in 2019, wishing him continued success and achievement . |
Element List | Explanation |
---|---|
Name of the Resigned Person | Mr. Raed Hassan Al-Idrisi |
Resignation Acceptance Date | 2024-07-24 Corresponding to 1446-01-18 |
Resignation Effective Date | 2024-08-31 Corresponding to 1446-02-27 |
Reasons for Resignation | Based on his personal and work condition |
Element List | Explanation |
---|---|
Appointment Type | Appointment |
Name of the Appointed Person | Mr. Mohammed Abdulkarim Mazi |
Date of Board Resolution | 2024-07-24 Corresponding to 1446-01-18 |
Date Work Commencement | 2024-09-01 Corresponding to 1446-02-28 |
Brief Resume | Mr. Mohammad Abdulkarim Mazi holds the position of Executive Vice President of Finance and Business Development at the company, effective January 1, 2020. During his tenure, he has held several other positions, including Executive Vice President of Commercial Affairs, Executive Vice President of Operations, and Chairman of the Operational Executive Committee for Hajj and Umrah operations. He holds a bachelor’s degree in accounting from the University of New Orleans and, a master’s degree in business administration from Texas A&M University (United States). He has over 15 years of extensive experience in financial management and business development, having held various leadership positions, including Chief Financial Officer at Al Salem Johnson Controls and Head of Budgeting and Performance Reporting at Saudi Aramco. |
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.
Company Performance
Key Parameters
Last Price 50.25
Net Change 0.25 (+0.5%)
Value Traded (Sar) 1,195,696.76
Volume Traded 23,858
LoginPortletPopupv2
AddtoWatchlistv2
- ${title}${badge}