Southern province Cement Company announces its decision to accept the CEO's request to terminate the contractual relationship by mutual consent
| Element List | Explanation |
|---|---|
| Introduction | Southern province Cement Company announces the decision of its Board of Directors, dated 09-03-1447 AH (corresponding to 01-09-2025 AD), to accept the request of the CEO, Eng. Aqeel bin Futayes. Kadasah, to terminate his contractual relationship as CEO of the company by mutual consent, effective 30-09-2025 AD, due to his personal circumstances.
The Board of Directors expresses its sincere thanks and appreciation to Eng. Aqeel bin Futayes. Kadasah, for his effective role and fruitful efforts in improving the company's performance since his appointment as CEO in November 2020, and wishes him continued success. The company will announce any developments in the event of the appointment or assignment of a new CEO in due course |
| Element List | Explanation |
|---|---|
| Name of the Resigned Person | Eng. Aqeel bin Futayes Kadasah |
| Resignation Acceptance Date | 2025-09-01 Corresponding to 1447-03-09 |
| Resignation Effective Date | 2025-09-30 Corresponding to 1447-04-08 |
| Reasons for Resignation | Due to his personal circumstances |
Comments