Ataa Educational Co. — Board/Management Information 2021

Dec 7, 2021

Ataa Educational Company Announces the Resignation of the Current CEO and the Appointment of a New CEO for the Company

4292 · 07/12/2021 08:06:47 · Announcement #65860 · View on Saudi Exchange

Ataa Educational Company Announces the Resignation of the Current CEO and the Appointment of a New CEO for the Company

Element List	Explanation
Introduction	Ataa Educational Company (the company) announces the end of the contractual relationship with the CEO of the company, Mr. Ibrahim bin Abdulkarem Al-Turki, on 12/13/2021 AD, as the company’s CEO has submitted his resignation after completing his fourth year as CEO of the company due to personal reasons.

The company also announces that the Board of Directors has issued a resolution, based on the recommendation of the Nominations and Remuneration Committee, to appoint Dr. Fahad bin Abdulaziz Al-Tuwaijri as CEO of the company as of 14/12/2021 AD.

Thus, the chairman and members of the company’s board of directors extend their sincere thanks and appreciation to Mr. Ibrahim bin Abdulkarem Al-Turki for his outstanding efforts during the period in which he held the CEO position at the company, wishing him success and rightness in his future days.

Element List	Explanation
Name of the Resigned CEO	Mr. Ibrahim bin Abdulkarem Al-Turki
Resignation Acceptance Date	2021-12-06 Corresponding to 1443-05-02
Resignation Effective Date	2021-12-13 Corresponding to 1443-05-09
Reasons for Resignation	Due to personal reasons

Element List	Explanation
Appointment Type	Appointment
Name of the CEO	Dr. Fahad bin Abdulaziz Al-Tuwaijry
Date of Board Resolution	2021-12-06 Corresponding to 1443-05-02
Date Work Commencement	2021-12-14 Corresponding to 1443-05-10
Brief Resume	Dr. Fahad Al-Tuwaijri has a PhD in Cryptography (Information Security) and he has practical experience that exceeded 29 years between public and private sectors, of which he spent 12 years as Vice Governor of the Technical and Vocational Training Corporation, and 15 years in several administrative positions (CEO and MD) in several private companies. He also has great experience in managing and developing work teams, strategic planning, project management and financial management.

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