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Saudi Cable Co. Announces Appointment of a CEO

SAUDI CABLE 2110 -6.79% 57.15 -4.17
Element List Explanation
Introduction Saudi Cable Company announces the issuance of the Board of Directors’ resolution at its meeting held on 07/10/1445 corresponding to 16/04/2024 to appoint Mr. Fawaz Mubarak Al-Muqbel as CEO of the company as of 10/08/1445 corresponding to 04/17/2024, replacing Mr. Nael Samir Fayez, as he was appointed as an advisor to the Board of Directors.

The company expresses its gratitude to Mr. Nael Samir Fayez for his dedication during his term as CEO and wishes success to the new CEO, Mr. Fawaz Mubarak Al-Muqbel.

Element List Explanation
Appointment Type Appointment
Name of the Appointed Person Mr. Fawaz Mubarak Al-Muqbel
Date of Board Resolution 2024-04-16 Corresponding to 1445-10-07
Date Work Commencement 2024-04-17 Corresponding to 1445-10-08
Brief Resume Mr. Fawaz Mubarak Al-Muqbel holds over 34 years of experience, holding many managerial positions in several leading companies, most notably: CEO of the Middle East Cable Company (Misk), the president of National Industrial Company, and general manager at the Steel Products Company (STEPCO).

He holds a bachelor's degree in Industrial Management and a master's degree in executive MBA from King Fahd University of Petroleum and Minerals.

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