"Chemical" appoints Fawaz Al-Fawaz as Chairman of the Board of Directors for its new term

CHEMICAL

CHEMICAL

2230.SA

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Riyadh - Mubasher: Saudi Chemical Holding Company announced the appointment of the Chairman and Vice Chairman of the Board of Directors, and the formation of the committees emanating from the Board, for the new session that began on January 1, 2025, and will continue for 3 years.

The company stated in a statement on “Tadawul” today, Wednesday, that Fawaz bin Mohammed Al-Fawaz (independent member) was appointed as Chairman of the Board of Directors, and Obaid bin Abdullah Al-Rashid (non-executive member) was appointed as Vice Chairman of the Board.

She pointed out that the committees emanating from the Board of Directors were formed, the Secretary of the Board of Directors was appointed, and the company’s representatives were appointed to the Capital Market Authority and the Saudi Stock Exchange.

The Ordinary General Assembly, which held its meeting on October 3, 2024, approved the election of members of the Board of Directors from among the candidates for the new session.

On November 5, 2024, the Saudi Chemical Holding Company announced the issuance of a decision by the Board of Directors to accept the resignation of CEO Thamer bin Mohammed Al-Muhaid , while continuing as a member of the Board of Directors.