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Saudi Electricity Company Announces Resignation and Assignment of a CEO
| Element List | Explanation |
|---|---|
| Announcement Detail | Saudi Electricity Company announces the Board of Directors’ acceptance of the resignation of the Company’s CEO, Eng. Khalid bin Hamad Al-Gnoon, effective on 25 September 2024 and the assignment of Eng. Khalid bin Salim Al-Ghamdi as an acting CEO effective on 25 September 2024. Eng. Al-Ghamdi currently holds the position of Executive Vice President, Technical Services & Acting Vice President Risk Management & Compliance at Saudi Electricity Company, with 20 years of diverse and cross-functional experience, where in his previous role he led the Corporate Digital Strategy, Investments and Growth at Saudi Aramco. Also he held several leadership positions in the company including; Project Manager for Saudi Aramco 4th Industrial Revolution Center, Head of Advanced Process Solutions and Head of Process Automation Systems at Saudi Aramco Corporate Engineering. Eng. Al-Ghamdi holds a bachelor degree in Systems Engineering from KFUPM, Saudi Arabia as well as a master’s degree of Information Systems (MIS) from University of Phoenix, USA. He attended several leadership development programs from well renowned institutions such as Harvard Business School. |
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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