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Emaar, The Economic City announces the resignation of the Managing Director from his executive position in the Company to become a Non-Executive Board Member.
Element List | Explanation |
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Introduction | Emaar, The Economic City announces the resignation of Mr. Mansour AlSalem from his current executive position as Managing Director while continuing as a Board member to become a Non-Executive Board member due to professional commitments. Noting that he submitted his resignation to the Board on May 14th, 2024, and this was accepted by the Board on May 14th, 2024, and shall be effective as of May 31st, 2024. Accordingly, the Board of Directors of Emaar, the Economic City would like to extend their gratitude and appreciation to Mr. Mansour AlSalem for his notable efforts and contributions to the Company during his tenure as Managing Director, and the best of luck and success during his continuation as a Board member and in his professional career. |
Element List | Explanation |
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Name of the Resigned Person | Mr. Mansour AlSalem |
Resignation Acceptance Date | 2024-05-14 Corresponding to 1445-11-06 |
Resignation Effective Date | 2024-05-31 Corresponding to 1445-11-23 |
Reasons for Resignation | For Professional Commitments. |
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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