Thobe Al-Aseel Company Announces CEO Resignation and Appointment of Acting CEO
| Element List | Explanation |
|---|---|
| Introduction | Thobe Al-Aseel Company announces the approval of the Board of Directors on June 5, 2024 (corresponding to 28 Dhul-Qi'dah 1445 AH) to accept the resignation of Mr. Ahmed Saleh Al-Sultan from his position as Chief Executive Officer, effective June 13, 2024, for personal reasons.
The Board of Directors expresses its gratitude and appreciation to Mr. Ahmed Al-Sultan for his effective role and fruitful efforts in improving the company's performance during his six-year tenure as CEO, wishing him success and prosperity. The Board also decided to appoint Mr. Abdulrahman Saeed Al-Maleh as Acting CEO, effective June 14, 2024 (corresponding to 8 Dhul-Hijjah 1445 AH). |
| Element List | Explanation |
|---|---|
| Name of the Resigned Person | Ahmed Saleh Al-Sultan |
| Resignation Acceptance Date | 2024-06-05 Corresponding to 1445-11-28 |
| Resignation Effective Date | 2024-06-13 Corresponding to 1445-12-07 |
| Reasons for Resignation | Personal reasons |
| Element List | Explanation |
|---|---|
| Appointment Type | Delegation |
| Name of the Appointed Person | Abdulrahman Saeed Al-Maleh |
| Date of Board Resolution | 2024-06-05 Corresponding to 1445-11-28 |
| Date Work Commencement | 2024-06-14 Corresponding to 1445-12-08 |
| Brief Resume | Mr. Abdulrahman Al-Maleh has held the position of Sales Director at Thobe Al-Aseel Company since September 2018. He has over 25 years of experience in various multinational and local companies in the fields of sales and marketing. |
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