Al Rashid Industrial Co. appointed Badr Al Harbi (LinkedIn) as CEO, replacing Mohammed Al Rashid Al Humaid, who had stepped down from the role due to organizational reasons, the company said in a Tadawul disclosure yesterday. Al Humaid will retain his other duties as managing director and board member at the firm.

Al Harbi has over 25 years of experience in the industrial, real estate development, investment, shared services, and corporate transformation sectors, including his roles as deputy CEO of United Wire Factories and CEO of the Shared Services Sector at Dar Al Arkan Real Estate Development, along with other executive positions in the public and private sectors.

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