Petro Rabigh Names Al Yami as New CEO

PETRO RABIGH

PETRO RABIGH

2380.SA

0.00

Rabigh Refining and Petrochemical Company (Petro Rabigh) announced on August 24, 2026 the resignation of Eng. Othman Bin Ali Al-Ghamdi from his position as President and Chief Executive Officer for personal reasons, effective August 31, 2026, while he will continue to serve as a member of the Board of Directors. The Board resolved on August 23, 2026 to appoint Eng. Hassan Bin Hamad Al Yami as the new President and Chief Executive Officer, effective September 1, 2026. Eng. Al Yami brings over 30 years of leadership experience in the refining and petrochemical industry, having previously served as Vice President at Saudi Aramco's Ras Tanura Refinery and in various senior roles across Saudi Aramco-affiliated companies both within and outside the Kingdom.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=97756&anCat=1&cs=2380&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

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.