Wafrah Appoints Food Industry Veteran Al-Rashidi as CEO

WAFRAH -0.10%

WAFRAH

2100.SA

19.48

-0.10%

Wafrah for Industry and Development Co. announced on December 17, 2025, that its Board of Directors has appointed Mr. Khalid Rabea Al-Rashidi as Chief Executive Officer, effective January 1, 2026. The decision was made on December 16, 2025, based on the recommendation of the Remuneration and Nominations Committee. Al-Rashidi brings over 25 years of experience in the food sector, having held leadership positions at Herfy, PepsiCo, and Almarai, with expertise in factory management, operations, supply chains, and food quality and safety. He holds an MBA, a Bachelor's degree in Chemical Engineering, and various professional certifications.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=92100&anCat=1&cs=2100&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.