Saudi State Miner Maaden Said to Name Third CEO in 13 Months - Bloomberg
Saudi Arabia’s state miner has appointed its third chief executive officer in the past 13 months after the departure of Mosaed Al Ohali, according to people familiar with the matter.
Abdulaziz Al Harbi, a senior vice president at Saudi Arabian Mining Co., will replace Al Ohali as acting CEO until further notice, said the people, who asked not to be identified because the matter is private. The company, also known as Maaden, may officially announce the resignation as soon as this week, they said.
Maaden’s stock rose 2.6% to an all-time high of 59.30 riyals on Sunday, before paring gains to 1.5% at 1:03 p.m. in Riyadh.
No comments:
Post a Comment