Almarai Co.’s former managing director and non-executive board member Abdul Rahman Al Muhanna has topped the list of highest-paid executives working for Saudi-listed firms, as he earned SAR 20 million in 2015.

 

The ranking, which is measured by salaries and bonuses, is not comprehensive as only some companies disclose detailed information on executive compensation.

 

Fahd Al-Rasheed, who currently serves at chief executive and managing director of Emaar The Economic City (Emaar EC), received SAR 14.92 million in total compensation for the year.

 

Ahmad Al Saeed, chief executive and managing director of Herfy Food Services, was paid SAR 8.14 million in salary and bonuses during the period, up from SAR 7.97 million in 2014.

 

Other executives included in the ranking currently serve at Saudi British Bank (SABB), Budget Saudi, Fitaihi Group and Petro Rabigh, among other Saudi-listed firms.

 

Ranking of Top-paid Executives (SAR mln)

Title

2015

2014

Member

Company

Former managing director

Non-executive board member (current)

20.03

3.36

Abdulrahman Al

Muhanna

Almarai

Managing Director

14.92

--

Fahd Al Rasheed

Emaar EC

CEO & Managing Director

8.14

7.97

Ahmed Al Saeed

Herfy

Managing Director

6.97

--

David Dew

SABB

Executive Chairman

3.75

3.58

Abdulelah Zahid

Budget Saudi

Executive Board Member

3.37

3.11

Ali Al Hassoun

ARDCO

CEO

2.72

2.25

Adel Al Zaid

Taiba

Investment General Manager

2.57

1.42

Khaled Al Saied

Herfy

Executive Board Member

1.93

1.37

Mohammed Fitaihi

Fitaihi Group

CEO & Managing Director

1.53

--

Abdul Aziz Al Duailej

Saudi Printing & Packaging

Executive Board Member

1.48

--

Mansour Ababtain

Al Babtain

CEO

1.45

1.39

Abdullah Al Swailem

Petro Rabigh

Board Chairman

1.44

1.44

Mohammed Al Rajhi

Tabuk Agriculture

Vice CEO

1.34

1.12

Ayman Saied

Taiba

Board Chairman and Managing Director

1.17

1.21

Turki Abbas

Wafrah

Managing Director

1.01

1.61

Abdulmohsen Al Othman

Takween

CEO

1.00

0.78

Saad Al Sawwat

Tabuk Agriculture

Managing Director

1.00

1.01

Saud Al Eraifi

Northern Cement

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