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Sahara International Petrochemical Company (Sipchem) tapped Ibrahim Al Rushoud (LinkedIn) as its new CEO, after Abdullah Saif Al Saadoon (LinkedIn) — who held the position from 2019 — resigned due to private reasons, it said in a Tadawul disclosure yesterday. Al Rushoud has been serving as vice president of manufacturing and president of affiliates at the company.
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Al JoufCement’s board removed the managing director position as part of a transitional phase to improve the company’s performance, it said in a Tadawul disclosure yesterday. The move follows the appointment of Samir Mohammed Al Rehaili as its new CEO last week. The company did not provide details on the fate of newly appointed managing director Qais Hussein Balas, who assumed the role inJuly.
