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Saudi Cable Co. Announces Appointment of a CEO
| Element List | Explanation |
|---|---|
| Introduction | Saudi Cable Company announces the issuance of the Board of Directors’ resolution at its meeting held on 07/10/1445 corresponding to 16/04/2024 to appoint Mr. Fawaz Mubarak Al-Muqbel as CEO of the company as of 10/08/1445 corresponding to 04/17/2024, replacing Mr. Nael Samir Fayez, as he was appointed as an advisor to the Board of Directors. The company expresses its gratitude to Mr. Nael Samir Fayez for his dedication during his term as CEO and wishes success to the new CEO, Mr. Fawaz Mubarak Al-Muqbel. |
| Element List | Explanation |
|---|---|
| Appointment Type | Appointment |
| Name of the Appointed Person | Mr. Fawaz Mubarak Al-Muqbel |
| Date of Board Resolution | 2024-04-16 Corresponding to 1445-10-07 |
| Date Work Commencement | 2024-04-17 Corresponding to 1445-10-08 |
| Brief Resume | Mr. Fawaz Mubarak Al-Muqbel holds over 34 years of experience, holding many managerial positions in several leading companies, most notably: CEO of the Middle East Cable Company (Misk), the president of National Industrial Company, and general manager at the Steel Products Company (STEPCO). He holds a bachelor's degree in Industrial Management and a master's degree in executive MBA from King Fahd University of Petroleum and Minerals. |
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.
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