Logo of Methanol Chemicals Co. (Chemanol)
Methanol Chemicals Co.’s (Chemanol) board of directors accepted today, Aug. 31, the resignation of CEO Ali Al-Asiri, with immediate effect, the company said in a statement to Tadawul.
The resignation was tendered on Aug. 25 due to personal reasons.
Updates on the appointment of a new CEO will be given in due course, Chemanol added.
Al-Asiri has served as the company’s CEO since Sept. 1, 2019, according to Argaam data.
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