Almarai names Majed Nofal as CEO

ALMARAI
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Riyadh – Mubasher: The Board of Directors of Almarai Company announced the appointment of Majed Mazen Nofal as the company’s new CEO.

The decision will be effective starting from the beginning of January 2020, according to a company statement to the Saudi Stock Exchange (Tadawul).

Nofal will replace Georges Schorderet, who will hand over his duties on 31 December 2019 but will continue to serve as an advisor to the company’s board.

It is worth noting that prior to his appointment as CEO, Nofal held several positions at Almarai, as he served as Deputy CEO since July 2019. He previously worked for Ernst & Young and Western Bakeries, which was later acquired by Almarai.

Source: Mubasher Source: {{details.article.source}}