‎SARCO ends CEO contract by mutual agreement

‎SARCO ends CEO contract by mutual agreement ‎SARCO ends CEO contract by mutual agreement

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Logo ofSaudi Arabian Refineries Co. (SARCO)

Saudi Arabian Refineries Co.’s (SARCO) board of directors approved today, Oct. 23, the request of the CEO, Abdulrahman Al-Mufarreh, to terminate his contractual relationship as CEO of the company by mutual consent effective immediately, due to personal circumstances.

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In a statement to Tadawul, the company said that he will continue to serve as a member of the board of directors.

The company will announce any developments in the event of the appointment or assignment of a new CEO in due course, the statement added.

According to data available on Argaam, Al-Mufarreh was appointed as SARCO’s CEO in January 2024.

 

Logo ofSaudi Arabian Refineries Co. (SARCO)

Saudi Arabian Refineries Co.’s (SARCO) board of directors approved today, Oct. 23, the request of the CEO, Abdulrahman Al-Mufarreh, to terminate his contractual relationship as CEO of the company by mutual consent effective immediately, due to personal circumstances.

In a statement to Tadawul, the company said that he will continue to serve as a member of the board of directors.

The company will announce any developments in the event of the appointment or assignment of a new CEO in due course, the statement added.

According to data available on Argaam, Al-Mufarreh was appointed as SARCO’s CEO in January 2024.

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