Almarai Co.’s former managing director and non-executive board member Abdul Rahman Al Muhanna has topped the list of highest-paid executives working for Saudi-listed firms, as he earned SAR 20 million in 2015.
The ranking, which is measured by salaries and bonuses, is not comprehensive as only some companies disclose detailed information on executive compensation.
Fahd Al-Rasheed, who currently serves at chief executive and managing director of Emaar The Economic City (Emaar EC), received SAR 14.92 million in total compensation for the year.
Ahmad Al Saeed, chief executive and managing director of Herfy Food Services, was paid SAR 8.14 million in salary and bonuses during the period, up from SAR 7.97 million in 2014.
Other executives included in the ranking currently serve at Saudi British Bank (SABB), Budget Saudi, Fitaihi Group and Petro Rabigh, among other Saudi-listed firms.
|
Ranking of Top-paid Executives (SAR mln) |
||||
|
Title |
2015 |
2014 |
Member |
Company |
|
Former managing director Non-executive board member (current) |
20.03 |
3.36 |
Abdulrahman Al Muhanna |
Almarai |
|
Managing Director |
14.92 |
-- |
Fahd Al Rasheed |
Emaar EC |
|
CEO & Managing Director |
8.14 |
7.97 |
Ahmed Al Saeed |
Herfy |
|
Managing Director |
6.97 |
-- |
David Dew |
SABB |
|
Executive Chairman |
3.75 |
3.58 |
Abdulelah Zahid |
Budget Saudi |
|
Executive Board Member |
3.37 |
3.11 |
Ali Al Hassoun |
ARDCO |
|
CEO |
2.72 |
2.25 |
Adel Al Zaid |
Taiba |
|
Investment General Manager |
2.57 |
1.42 |
Khaled Al Saied |
Herfy |
|
Executive Board Member |
1.93 |
1.37 |
Mohammed Fitaihi |
Fitaihi Group |
|
CEO & Managing Director |
1.53 |
-- |
Abdul Aziz Al Duailej |
Saudi Printing & Packaging |
|
Executive Board Member |
1.48 |
-- |
Mansour Ababtain |
Al Babtain |
|
CEO |
1.45 |
1.39 |
Abdullah Al Swailem |
Petro Rabigh |
|
Board Chairman |
1.44 |
1.44 |
Mohammed Al Rajhi |
Tabuk Agriculture |
|
Vice CEO |
1.34 |
1.12 |
Ayman Saied |
Taiba |
|
Board Chairman and Managing Director |
1.17 |
1.21 |
Turki Abbas |
Wafrah |
|
Managing Director |
1.01 |
1.61 |
Abdulmohsen Al Othman |
Takween |
|
CEO |
1.00 |
0.78 |
Saad Al Sawwat |
Tabuk Agriculture |
|
Managing Director |
1.00 |
1.01 |
Saud Al Eraifi |
Northern Cement |
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