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SPM dismisses chairman Fahad Al Dawood

SPM dismisses chairman Fahad Al Dawood
The appointment of a new chairman will be announced
SPM
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Riyadh – Mubasher: The board of directors of the Saudi Paper Manufacturing Company decided to dismiss its chairman Fahad bin Mohamed Al Dawood citing violation of the rules.

The appointment of a new chairman will be announced, following an election to be held by the board of directors, the company said in a statement to the Saudi Stock Exchange (Tadawul) on Wednesday.

Earlier, the company’s board decided to appoint Khalid Abu Hana as the company’s new CEO, replacing Hassan bin Mraizen Asiree.