Almarai CEO Resigns After 25-Year Tenure

ALMARAI +0.55%

ALMARAI

2280.SA

43.94

+0.55%

Almarai Co. announced on December 2, 2025, that its Board of Directors has accepted the resignation of CEO Mr. Abdullah bin Nasser Albader, who is stepping down for personal reasons. The resignation will take effect on January 15, 2026. The company acknowledged Mr. Albader's 25-year tenure with Almarai, including five years of leadership during which he drove significant company growth. Almarai stated that information regarding the appointment of a new CEO will be announced at a later date.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=91847&anCat=1&cs=2280&locale=ar

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.