Saudi Cable reinstated its CEO position in a renewed overhaul of its executive management structure, tapping Khalid bin Asaad Khashogji (LinkedIn) — the company’s current managing director — as its new CEO, it said in a filing to Tadawul. Khashogji brings over 22 years of experience in managing companies across the Kingdom, Canada and the US. He is currently a member of Saudi Cable’s executive committee, a member of the board of Midal Cables in Bahrain and VC of the board of Thimar Holding Company, among other postings.

ICYMI- Saudi Cable had scrapped its CEO position in August as part of a cost-cutting push to avoid bankruptcy, relieving former CEO Fawaz bin Mubarak Al Muqbe of his duties and reassigning CEO responsibilities to Khashogji.