Saudi Chemical CEO Thamer AlMuhid steps down

05/11/2024 Argaam
Logo ofSaudi Chemical Co.

Logo of Saudi Chemical Co.

Saudi Chemical Co.’s board of directors accepted today, Nov 5, the resignation of CEO Thamer AlMuhid, according to a statement to Tadawul.

 

AlMuhid will remain a board member, it added.

 

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The resignation came upon AlMuhid’s request, effective as of Feb. 28, 2025, according to the statement.

 

The company will announce any updates regarding the appointment of a new or acting CEO in due course.

 

Saudi Chemical appointed AlMuhid as CEO on Feb. 2, 2020.

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