Logo of Acwa. Marco Arcelli’s contract will expire in April 2027.
Acwa’sboard of directors approved, on Feb. 28, the appointment of Samir Serhan as CEO effective March 1, 2026, as part of the company’s structured succession planning process. 
The move comes ahead of the expiry of Marco Arcelli’s contract in April 2027, the company said in a statement to Tadawul.
Arcelli will remain with the company as advisor to the Chairman to ensure a smooth and orderly transition.
Serhan is responsible for the company’s global strategy and operations across 15 markets. Previously, he was Acwa’s President for Saudi Arabia and the Middle East, responsible for seven key markets (Saudi Arabia, UAE, Kuwait, Bahrain, Oman, Jordan, and Iraq).
The CEO holds a Ph.D. in engineering mechanics from Virginia Polytechnic Institute and State University (Virginia Tech). He has presented and published more than 40 papers at conferences and in scientific journals worldwide.
Logo of Acwa. Marco Arcelli’s contract will expire in April 2027.
Acwa’sboard of directors approved, on Feb. 28, the appointment of Samir Serhan as CEO effective March 1, 2026, as part of the company’s structured succession planning process.
The move comes ahead of the expiry of Marco Arcelli’s contract in April 2027, the company said in a statement to Tadawul.
Arcelli will remain with the company as advisor to the Chairman to ensure a smooth and orderly transition.
Serhan is responsible for the company’s global strategy and operations across 15 markets. Previously, he was Acwa’s President for Saudi Arabia and the Middle East, responsible for seven key markets (Saudi Arabia, UAE, Kuwait, Bahrain, Oman, Jordan, and Iraq).
The CEO holds a Ph.D. in engineering mechanics from Virginia Polytechnic Institute and State University (Virginia Tech). He has presented and published more than 40 papers at conferences and in scientific journals worldwide.
