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#1- The board of Tadawul-listed Saudi Cable has appointed Abdullah Alghabin (Linkedin) as its new chairman, it said in a disclosure to Tadawul yesterday. Alghabin is replacing Sabri Alghamdi (Linkedin), who resigned from his post due to work commitments, but will remain a board member at the company. Alghabin has over 27 years of experience in executive and project management. He was the chairman of Jouf Cement and agriculture firm Thimar Development.
A broad shakeup at Saudi Cable: The board named last week Fawaz Mubarak Al Muqbel as its new CEO.
#2- The board of Tadawul-listed Herfy Food Services has appointed Mohammad Al Bargothy (Linkedin) as its new CEO after the resignation of its CEO Sam Badr for personal reasons, it said in a disclosure to Tadawul yesterday. Al Bargothy boasts over 20 years of experience in fast-food operations across global brands in the region, holding key roles in McDonald’s Kuwait, Pizza Hut in Jordan and Shawermer in Saudi among others.
#3- The board of Tadawul-listed Nayifat Finance Company has appointed Fahd Ibrahim Al Mufarrij (bio) as its new CEO after the resignation of its CEO Bandar Al Baiz for personal reasons, it said in a disclosure to Tadawul yesterday. Al Mufarrej, who has more than 35 years of expertise, heads Al Baraka Banking Group’s audit committee. He also sits on the board of Al Baraka and the Saudi Printing and Packaging Co. He previously served as director of the banking supervision department at the Saudi Central Bank (Sama).
