Logo of Saudi Arabian Amiantit Co.
Saudi Arabian Amiantit Co.’s board of directors approved on Oct. 18, the resignation of Chief Executive Officer (CEO), Solaiman Altwaijri, for personal reasons, effective as of Oct. 31, according to a bourse filing.
The nomination and remuneration committee recommended the appointment of Altwaijri as a board member.
Amiantit’s board of directors ratified the nomination and remuneration committee’s proposal to name Osama Al-Onaize as acting CEO, starting Nov. 1.
Al-Onaize holds a bachelor’s degree in accounting from King Saud University in Riyadh and has extensive experience in executive management. He held several positions in the company over the last 20 years, including director of shared services and director of marketing and sales.
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