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Marble Design Factory Company Announces the Resignation and Appointment of the Chief Executive Officer.

MARBLE DESIGN 9575 -4.40% 7.17 -0.33
Element List Explanation
Introduction Marble Design Factory Company (Marble Design) announces the Board of Directors' decision dated 07/04/1447H corresponding to 29/09/2025G to accept the resignation of Mr. Mahmoud Ahmed Abdeljalil Medany from his position as Chief Executive Officer, effective from 09/04/1447H corresponding to 01/10/2025G, in order to pursue his professional career.

The Board expressed its sincere appreciation and gratitude to Mr. Mahmoud Ahmed Abdeljalil Medany for his significant contributions and dedicated efforts that played a vital role in the company’s success, wishing him continued success in his future endeavors.

The Board also resolved to appoint Dr. Nawaf bin Mohammed Abdullah Al-Kharashi as Chief Executive Officer, effective from 09/04/1447H corresponding to 01/10/2025G. The Board of Directors wishes Dr. Nawaf Al-Kharashi success in his new role as CEO of the company.

Element List Explanation
Name of the Resigned Person Mr. Mahmoud Ahmed Abdeljalil Medany
Resignation Acceptance Date 2025-09-29 Corresponding to 1447-04-07
Resignation Effective Date 2025-10-01 Corresponding to 1447-04-09
Reasons for Resignation To pursue his professional career.
Element List Explanation
Appointment Type Appointment
Name of the Appointed Person Dr. Nawaf bin Mohammed Abdullah Al-Kharashi
Date of Board Resolution 2025-09-29 Corresponding to 1447-04-07
Date Work Commencement 2025-10-01 Corresponding to 1447-04-09
Brief Resume Dr. Nawaf holds a Bachelor's degree in Medicine and General Surgery from King Saud bin Abdulaziz University for Health Sciences, Kingdom of Saudi Arabia, awarded in 2017. He previously served as CEO during the previous board term at Marble Design Factory Company and currently holds the position of Board Member and Managing Director at Marble Design Factory Company.

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