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Burgerizzr unveils key board appointments

Burgerizzr unveils key board appointments
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BURGERIZZR
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-7.70% 9.23 -0.77

Riyadh – Mubasher: Shatirah House Restaurant Company (Burgerizzr) has appointed Mohammed bin Ali Al Ruwaigh as the Chairman of the board for the coming four years.

Sami bin Mohammed Obaid has been named as the Vice Chairman for the same board term, which commenced on 7 July 2024, according to a bourse filing.

Al Ruwaigh and Obaid shall remain in their posts until 6 July 2028, upon a board’s decision on 9 July this year which approved the extraordinary general meeting’s (EGM) election resolution on 27 June.

Earlier this year, Burgerizzr unveiled a cash dividend payout totalling SAR 5 million for 2023, in which the company achieved net profits of SAR 12.28 million.