Alghaz Waltsnae Company Eligibility Alqabida (GASCO) announces the Appointment of a Member to the Vacant Seat on Its Board of Directors
| Element List | Explanation |
|---|---|
| Introduction | With reference to the announcement by Alghaz Waltsnae Company Eligibility Alqabida (GASCO) on 13 Muharram 1448H, corresponding to 28 June 2026, regarding passing of the Chairman of the Board, Eng. Abdulaziz bin Fahad Al-Khayyal, may Allah have mercy on him. GASCO announces that, pursuant to the resolution issued by its Board of Directors at its meeting held on 23 Muharram 1448H, corresponding to 8 July 2026, Eng. Fahad Salem Al-Matrafi has been appointed as a member of the Board of Directors (Non-Executive Member), completing the current Board term, which will end on 28 November 2029. |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Fahad Salem Al-Matrafi |
| Membership Type | Non- Executive |
| Membership Start Date | 2026-07-08 Corresponding to 1448-01-23 |
| Brief Resume of the Appointed Member | He holds an Executive Master of Business Administration (EMBA) and a Bachelor's degree in Chemical Engineering from King Fahd University of Petroleum and Minerals (KFUPM). He has approximately 30 years of experience in the petrochemicals and energy sectors. Most recently, he served as Chief Executive Officer of Advanced Petrochemical Company and previously held a number of senior leadership and executive positions. He currently serves as a member of the Board of Directors of SABIC Agri-Nutrients Company and has also served on the boards of several local and international publicly listed companies. |
| The date of the approval by other official authorities | N/A |
| Element List | Explanation |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2026-07-08 Corresponding to 1448-01-23 |
| Board Approval | Board Approval May not be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval |
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