Gruenenfelder Saady CEO Faerber Resigns Effective April 30

CGS -1.57%

CGS

4147.SA

6.89

-1.57%

Consolidated Grunenfelder Saady Holding Co. announced on February 2, 2026, that its Board of Directors has accepted the resignation of CEO Peter Faerber. The resignation was approved by board resolution on February 1, 2026, and will take effect on April 30, 2026. Mr. Faerber is stepping down due to personal reasons as he plans to retire from full-time employment. The Board expressed appreciation for his dedicated efforts and valuable contributions during his tenure as Chief Executive Officer.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=92923&anCat=1&cs=4147&locale=ar

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