Logo of Tabuk Agricultural Development Co. (TADCO)
Tabuk Agricultural Development Co. (TADCO) ended the assignment of Abdullah Hamoud Al-Salhi from his duties as Acting CEO at the end of May 31, 2026. Meanwhile, he will continue in his position as Managing Director (executive board member). 
The board also approved the appointment of Khalid Saleh Abu Bakr Baqadir Al-Amoudi as CEO, effective as from June 1, 2026, according to a Tadawul statement.
The company also explained that Al-Amoudi holds a PhD in economics from Umm Al-Qura University, a Master’s degree in finance from the University of Business and Technology, and a Bachelor’s degree in geological sciences from King Abdulaziz University.
Furthermore, Al-Amoudi has more than 25 years of leadership and executive experience across the industrial, logistics, insurance, financial, and institutional transformation sectors. He has held several leadership positions, most notably CEO of Ramex Logistics Services Co. and Acting CEO of Wafrah for Industry and Development Co. This is in addition to assuming a number of financial and executive positions in government entities and private sector companies. He has also served on several boards of directors and audit committees, it added.
According to Argaam data, TADCO said, in January, its board has appointed Managing Director Abdullah Al-Salhi as Acting CEO to ensure business continuity. Al-Salhi assumed the role on Jan. 15.
Logo of Tabuk Agricultural Development Co. (TADCO)
Tabuk Agricultural Development Co. (TADCO) ended the assignment of Abdullah Hamoud Al-Salhi from his duties as Acting CEO at the end of May 31, 2026. Meanwhile, he will continue in his position as Managing Director (executive board member).
The board also approved the appointment of Khalid Saleh Abu Bakr Baqadir Al-Amoudi as CEO, effective as from June 1, 2026, according to a Tadawul statement.
The company also explained that Al-Amoudi holds a PhD in economics from Umm Al-Qura University, a Master’s degree in finance from the University of Business and Technology, and a Bachelor’s degree in geological sciences from King Abdulaziz University.
Furthermore, Al-Amoudi has more than 25 years of leadership and executive experience across the industrial, logistics, insurance, financial, and institutional transformation sectors. He has held several leadership positions, most notably CEO of Ramex Logistics Services Co. and Acting CEO of Wafrah for Industry and Development Co. This is in addition to assuming a number of financial and executive positions in government entities and private sector companies. He has also served on several boards of directors and audit committees, it added.
According to Argaam data, TADCO said, in January, its board has appointed Managing Director Abdullah Al-Salhi as Acting CEO to ensure business continuity. Al-Salhi assumed the role on Jan. 15.
