Logo ofTabuk Agricultural Development Co. (TADCO)
Tabuk Agricultural Development Co. (TADCO) board approved the termination of the contractual relationship with the current CEO Khaled bin Saleh Al-Amoudi, at his request during the probationary period, due to his desire to retire. 
The board also gave a nod to the appointment of Nasser Dhaifallah Al-Rahili as the company’s new CEO and Managing Director, effective November 27, 2026.
This comes as part of the board’s resolution approving the change of position of the current Chairman Nasser Dhaifallah Al-Rahili, and his appointment as CEO and Managing Director, effective November 27, 2026, while retaining his membership on the Board of Directors.
The changes relating to the chairmanship of the board of directors and certain board committees will be announced separately.
Al-Amoudi will remain in his position until November 26, 2026. During this period, arrangements will be made to transition his responsibilities to the new Chief Executive Officer and Managing Director.
Al-Rahili has over 27 years of professional and leadership experience in executive management, strategic planning, project management, and operational management.
He has held several senior leadership positions in the energy and municipal services sectors. He has served as TADCO Chairman since August 12, 2025, in addition to chairing the Executive Committee and the Strategy and Investment Committee.
He holds a Bachelor’s degree in Electrical Engineering, specializing in Electronics and Communications, from King Abdulaziz University, obtained in 1999.
Logo ofTabuk Agricultural Development Co. (TADCO)
Tabuk Agricultural Development Co. (TADCO) board approved the termination of the contractual relationship with the current CEO Khaled bin Saleh Al-Amoudi, at his request during the probationary period, due to his desire to retire.
The board also gave a nod to the appointment of Nasser Dhaifallah Al-Rahili as the company’s new CEO and Managing Director, effective November 27, 2026.
This comes as part of the board’s resolution approving the change of position of the current Chairman Nasser Dhaifallah Al-Rahili, and his appointment as CEO and Managing Director, effective November 27, 2026, while retaining his membership on the Board of Directors.
The changes relating to the chairmanship of the board of directors and certain board committees will be announced separately.
Al-Amoudi will remain in his position until November 26, 2026. During this period, arrangements will be made to transition his responsibilities to the new Chief Executive Officer and Managing Director.
Al-Rahili has over 27 years of professional and leadership experience in executive management, strategic planning, project management, and operational management.
He has held several senior leadership positions in the energy and municipal services sectors. He has served as TADCO Chairman since August 12, 2025, in addition to chairing the Executive Committee and the Strategy and Investment Committee.
He holds a Bachelor’s degree in Electrical Engineering, specializing in Electronics and Communications, from King Abdulaziz University, obtained in 1999.
