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MBC Group Co. Board/Management Information 2025

Apr 8, 2025

53383_rns_2025-04-08_cee41ec1-2a80-4b7d-83c4-1773d5995dd7.html

Board/Management Information

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MBC Group Company announces the resignation of the Chief Executive Officer of the Company and the appointment of a new Chief Executive Officer

4072 · 08/04/2025 08:01:06 · Announcement #86355 · View on Saudi Exchange

MBC Group Company announces the resignation of the Chief Executive Officer of the Company and the appointment of a new Chief Executive Officer

Element List Explanation
Introduction MBC Group Company announces that its Board of Directors has resolved, on 09/10/1446H corresponding to 07/04/2025G, to accept the resignation of the Company’s Chief Executive Officer, Mr. Samuel James Kilion Barnett, with the resignation to take effect as of 02/11/1446H corresponding to 30/04/2025G.

The Board of Directors extends its sincere thanks and appreciation to Mr. Samuel James Kilion Barnett for his efforts and achievements during his tenure and wishes him continued success in his future endeavors.

The Board of Directors has also resolved to appoint Mr. Michael John Sneesby as Chief Executive Officer of the Company, with his duties commencing as of 03/11/1446H corresponding to 01/05/2025G.

Element List Explanation
Name of the Resigned Person Samuel James Kilion Barnett
Resignation Acceptance Date 2025-04-07 Corresponding to 1446-10-09
Resignation Effective Date 2025-04-30 Corresponding to 1446-11-02
Reasons for Resignation To pursue his professional career
Element List Explanation
Appointment Type Appointment
Name of the Appointed Person Michael John Sneesby
Date of Board Resolution 2025-04-07 Corresponding to 1446-10-09
Date Work Commencement 2025-05-01 Corresponding to 1446-11-03
Brief Resume Mr. Michael John Sneesby is an experienced media executive with deep global experience. He most recently served as Chief Executive Officer of Nine Entertainment Co., Australia’s largest media company. Prior to that, he was the founder and CEO of Stan, which he built into one of the most successful streaming platforms. He also served as CEO of the e-commerce platform Cudo, and as Vice President of IPTV at Intigral.

Mr. Michael John Sneesby has demonstrated success in applying global technology trends to local markets, with a strong focus on digital innovation, media growth, and strategic partnerships. He has led large-scale commercial, studio, and sports rights deals.

Mr. Michael John Sneesby holds a Master of Business Administration from Macquarie University - Australia and a Bachelor of Engineering in Electrical Engineering from the University of Wollongong - Australia. Attached Documents  

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