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ADNOC Distribution’s deputy CEO steps down

ADNOC Distribution’s deputy CEO steps down
Mohamed Al Hashimi will be assigned the role of Carey
ADNOC Distribution
ADNOCDIST
-0.38% 2.59 -0.01

Abu Dhabi – Mubasher: ADNOC Distribution, the UAE’s largest fuel and convenience retailer, on Thursday announced that the company’s deputy CEO John Carey has stepped down from his role.

Moreover, Mohamed Al Hashimi, in the new role of chief operating officer (COO), will be assigned the role of Carey in implementing the company’s ambitious growth strategy, ADNOC Distribution said in a statement.

Saeed Mubarak Al Rashdi, acting CEO of ADNOC Distribution, commented: “John joined us at the time of our Initial Public Offering (IPO) and has provided excellent counsel and leadership to our business as we successfully progressed and completed our listing on the Abu Dhabi Securities Exchange (ADX), while also modernizing and transforming our business."

"We thank John for his dedicated efforts during an important period of our company’s growth and evolution,” Al Rashdi added.

It is worth noting that Al Hashimi is a graduate of Harvard University and has been working as senior vice president group strategic investments for ADNOC Group.