Al Yamamah Steel appoints Sahal Al Thobiti CEO as Youssef Bazaid steps down

17/11/2022 Argaam
Logo of Al Yamamah Steel Industries Co.

Logo of Al Yamamah Steel Industries Co. 

Al Yamamah Steel Industries Co. announced today, Nov. 17, that the board of directors accepted the resignation of CEO Youssef Bazaid, effective as of March 1, 2023.

 

The resignation was submitted due to personal circumstances, the steel producer added in a statement to Tadawul.

 

The board also approved appointing Sahal Al Thobiti as the new CEO.

 

January and February 2023 are designated for handing over duties and works between the two, it added.

 

Al Thobiti holds a Bachelor’s degree in mechanical engineering as well as accounting, along with a Master's in business administration from King Abdulaziz University. With 20 years of experience in the industrial sector, he ran Al Yamamah Steel’s COO post.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.