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Makkah Construction and Development Co. Announces Resignation of a CEO

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Element List Explanation
Introduction Makkah Construction and Development Company announces the approval of the Board of Directors on 23/Dhul-Hijjah/1445 AH corresponding to 29/Jun/2024 AD to accept the resignation of Mr. Fahd Muhammad Al-Fawaz from the position of CEO, effective 01/Jul/2024 AD, due to his personal circumstances.

The Board of Directors and employees of the company extend their sincere thanks and appreciation to Mr. Fahd Muhammad Al-Fawaz for his active role and fruitful efforts in improving the company’s performance during his presidency, wishing him success.

The company will announce any developments regarding the appointment of a new CEO for the company in due course.

Element List Explanation
Name of the Resigned Person Fahd Muhammad Saleh Al-Fawaz
Resignation Acceptance Date 2024-06-29 Corresponding to 1445-12-23
Resignation Effective Date 2024-07-01 Corresponding to 1445-12-25
Reasons for Resignation Personal circumstances

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