تعلن الشركة السعودية للخدمات الأرضية عن إعارة الرئيس التنفيذي للشركة وتكليف رئيس تنفيذي جديد للشركة

Saudi Ground Services announces the Secondment of the company’s CEO and the appointment of a new Acting CEO 4031 SGS 0.00 % 1442/06/15     28/01/2021 15:48:42 Introduction The Saudi Ground Services announces that on 28.01.2021, the Board of Directors approved the Nominations and Remuneration Committee’s recommendations, of the secondment of the company’s CEO, Captain Fahd Hamza Cynndy, to one of the subsidiaries of SAUDIA (SGS’s founding partner). This decision is expected to create a positive outcome on many levels such as, professional development, exchange of talent and expertise, enhancement of employees’ performance, reinforcement of SAUDIA Holding Company’s’ expansion plans, that coincides with the commercial aviation’s strategy, approved by the Saudi Council of Ministers and which is in line with the kingdom’s vision 2030. Moreover, the Board of Directors approved the secondment of Saudi Ground Services’ CEO, Captain Fahd Hamza Cynndy, to Saudi Aerospace Engineering Industries (SAEI) to be appointed as the company’s CEO for an extendable period of six months, effective as of date 19/06/1442 AH, corresponds to 01/02/2021 AD. Nevertheless, Captain Cynndy’s membership for the Board of Directors, the Executive Management, Committee of the Saudi Ground Services remains active. Additionally, the Board of Directors approved the Nominations and Remuneration Committee’s recommendation to appoint SGS’s Executive Vice President of Operations , Mr. Raed Hassan Al-Idrissi, as the Acting CEO of Saudi Ground Services, effective as of date 19/06/1442 AH, corresponds to 01/02/2021 AD, for an extendable period of six months. Mr. Raed Hassan Al-Idrissi is the Executive Vice President of Operations of Saudi Ground Services since 27.03.1441 AH corresponds to 24.11.2019 AD. Besides, he holds a Bachelor degree in Marketing and Administration from King Fahd University of Petroleum and Minerals (KFUPM), and an Executive Master of Business Administration (MBA) from KFUPM. In addition to that, he attended many Leadership Series for Managers’ training courses. Moreover, Mr. Al-Idrissi has more than 20 years of experience in significant leading positions at Saudi Aramco, to name a few, his position as the Chief of Ground Services in the Aviation Department at Saudi Aramco, Head of Community Camp, and Head of Contract Division in Drilling & Workover, Contracting & Supply Chain Department at Saudi Aramco. The Board of Directors wishes Captain Fahd Cynndy and Mr. Raed Hassan Al-Idrissi, all the best in their new appointments. Name of the Resigned CEO Captain Fahd Hamza Cynndy Resignation Acceptance Date 2021-01-28 Corresponding to 1442-06-15 Resignation Effective Date 2021-02-01 Corresponding to 1442-06-19 Reasons for Resignation Captain Fahd Hamza Cynndy Appointment Type Delegation Name of the CEO Mr. Raed Hassan Al-Idrissi Date of Board Resolution 2021-01-28 Corresponding to 1442-06-15 Date Work Commencement 2021-02-01 Corresponding to 1442-06-19 Brief Resume Mr. Raed Hassan Al-Idrissi is the Executive Vice President of Saudi Ground Services since 27.03.1441 AH corresponds to 24.11.2019 AD. Besides, he holds a Bachelor degree in Marketing and Administration from King Fahd University of Petroleum and Minerals (KFUPM), and an Executive Master of Business Administration (MBA) from KFUPM. In addition to that, he attended many Leadership Series for Managers training courses. Moreover, Mr. Al-Idrissi has more than 20 years of experience in significant leading positions at Saudi Aramco, to name a few, his position as the Chief of Ground Services in the Aviation Department at Saudi Aramco, Head of Community Camp, and Head of Contract Division in Drilling & Workover, Contracting & Supply Chain Department at Saudi Aramco. The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. Share Previous Announcements Saudi Ground Services Co. announces its Annual Financial results for the period ending on 2025-12-31 Saudi Ground Services Co. announces its Annual Financial results for the period ending on 2025-12-31 4031 SGS 0.00 % 1447/10/11     30/03/2026 07:56:58 Saudi Ground Services Company Announces Receiving Legal Proceedings Saudi Ground Services Company Announces Receiving Legal Proceedings 4031 SGS 0.00 % 1447/07/02     22/12/2025 08:28:06 Saudi Ground Services Co. announces its Interim Financial results for the Period Ending on 2025-09-30 ( Nine Months ) Saudi Ground Services Co. announces its Interim Financial results for the Period Ending on 2025-09-30 ( Nine Months ) 4031 SGS 0.00 % 1447/05/19     10/11/2025 08:54:40 View all announcements Company Performance SGS Add To Watchlist In your Watchlist Add To Watchlist Zoom 1D 1M 3M 1Y 3Y 5Y Inception Created with Highcharts 10.0.0 Highcharts Stock Responsive Chart Click small/large buttons or change window size to test responsiveness 10:30 11:00 12:00 11:00 12:00 32.7 32.8 32.9 33 33.1 33.2 33.3 33.4 33.5 Zoom Zoom ▾ 1M 3M 1Y 3Y 5Y Inception Apr 12, 2026 → Apr 12, 2026 Key Parameters Last Price 33.08 Net Change 0.0 (0.0%) Value Traded (Sar) 6,479,969.42 Volume Traded 195,674 See The Company Profile Upcoming Calendar Dates 4031 SGS | 2025-09-28 4031 SGS | 2025-05-06 4031 SGS | 2025-03-18 LoginPortletPopupv2 /wps/contenthandler/!ut/p/digest!Z_Mpi9Dutr3GWXOqaCsaGw/pm/oid:--portletwindowid--@oid:Z6_5A602H80O0HTC060SG6UT81DI3 /wps/contenthandler/!ut/p/digest!Z_Mpi9Dutr3GWXOqaCsaGw/um/secure/currentuser/profile?expandRefs=true Log in to access your watchlist Error Here Error Here Log In Don't Have Account? 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