News & Announcements

SAIC

05 September, 2024 16:01

Saudi Advanced Industries Company announces the resignation of the company's acting CEO

Element List	Explanation
Introduction	Saudi Advanced Industries Company announces the acceptance by the Board of Directors on 02/03/1446 AH corresponding to 05/09/2024 AD of the resignation of Dr. Abdullah bin Sulaiman Al-Juraish from the position of the acting CEO of the company as of 02/03/1446 AH corresponding to 05/09/2024 AD, and the reason for his resignation was due to his personal circumstances, with him continuing as managing director to manage the company’s business until the end of the contract between the two parties. The Board of Directors extends its thanks and appreciation to Dr. Abdullah bin Sulaiman Al-Juraish for his efforts during his presidency of the company, wishing him continued success. The company will also announce any developments regarding the appointment or assignment of a new CEO for the company in due course.

Element List

Explanation

Introduction

Saudi Advanced Industries Company announces the acceptance by the Board of Directors on 02/03/1446 AH corresponding to 05/09/2024 AD of the resignation of Dr. Abdullah bin Sulaiman Al-Juraish from the position of the acting CEO of the company as of 02/03/1446 AH corresponding to 05/09/2024 AD, and the reason for his resignation was due to his personal circumstances, with him continuing as managing director to manage the company’s business until the end of the contract between the two parties. The Board of Directors extends its thanks and appreciation to Dr. Abdullah bin Sulaiman Al-Juraish for his efforts during his presidency of the company, wishing him continued success. The company will also announce any developments regarding the appointment or assignment of a new CEO for the company in due course.

Element List	Explanation
Name of the Resigned Person	Dr. Abdullah Sulaiman Al-Juraish
Resignation Acceptance Date	2024-09-05 Corresponding to 1446-03-02
Resignation Effective Date	2024-09-05 Corresponding to 1446-03-02
Reasons for Resignation	Special circumstances

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