اعلان شركة الراشد للصناعة عن استقالة وتعيين الرئيس التنفيذي

Al Rashid Industrial Co. Announces Resignation and Appointment of a CEO 9580 ALRASHID INDUSTRIAL 0.00 % 1447/03/10     02/09/2025 08:08:43 Introduction AL Rashid Industrial Company announces the Board of Directors’ decision dated 09/03/1447H corresponding to 01/09/2025G approving the resignation of the Company’s Chief Executive Officer, Mr. Mohammed bin Abdulaziz Al-Rashid Al-Humaid, effective as of 10/03/1447H corresponding to 02/09/2025G, due to other organizational reasons. He will continue to serve as Managing Director and a member of the Board of Directors. The Board of Directors extends its sincere appreciation and gratitude to Mr. Mohammed bin Abdulaziz Al-Rashid Al-Humaid for his efforts and achievements during his tenure, wishing him continued success. Furthermore, the Board of Directors, in its meeting held on 09/03/1447H corresponding to 01/09/2025G, and based on the recommendation of the Nomination and Remuneration Committee, resolved to appoint Eng. Badr bin Eid Al-Harbi as Chief Executive Officer of the Company, effective as of 10/03/1447H corresponding to 02/09/2025G. Name of the Resigned Person Mr. Mohammed bin Abdulaziz Al-Rashed Al-Humaid Resignation Acceptance Date 2025-09-01 Corresponding to 1447-03-09 Resignation Effective Date 2025-09-02 Corresponding to 1447-03-10 Reasons for Resignation Other organizational reasons Appointment Type Appointment Name of the Appointed Person Engineer/ Badr bin Eid Al-Harbi Date of Board Resolution 2025-09-01 Corresponding to 1447-03-09 Date Work Commencement 2025-09-02 Corresponding to 1447-03-10 Brief Resume Eng. Badr Al-Harbi brings over 25 years of executive and strategic experience across the industrial, real estate development, investment, shared services, and corporate transformation sectors. He has held several senior leadership positions in both the public and private sectors, including Deputy CEO of United Wire Factories Company and CEO of the Shared Services Sector at Dar Al Arkan Real Estate Development Company. He has also chaired numerous steering and supervisory committees and led major corporate and digital transformation initiatives as well as comprehensive restructuring programs. Eng. Badr Al-Harbi holds a bachelor’s degree in Mechanical Engineering with First Class Honors, in addition to completing several advanced executive programs in leadership, strategy, digital transformation, and sustainability. 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