Sadr Logistics Co. — Board/Management Information 2021

Mar 15, 2021

Sadr Logistics Co. Announces Appointment of Managing Director

1832 · 15/03/2021 08:09:21 · Announcement #62253 · View on Saudi Exchange

Sadr Logistics Co. Announces Appointment of Managing Director

Element List

Explanation

Introduction

Sadr Logistics Co. announces the appointment of Bandar bin Mohamed Al-Samaani as a "Managing Director" based on the recommendation of the Remuneration and Nomination Committee, the Board of Directors of Sadr Logistics Co. issued its decision on 01-08-1442 corresponding to March 14-2021 approving the appointment of Bandar bin Mohamed Al-Samaani Managing Director of the company from March 15-2021 until the end of the current session of the Board on 09/15-2021, and he left the position of CEO To hold a position of the Managing Director.

Element List	Explanation
Appointed Member Name	Bandar bin Mohamed Al-Samaani
Membership Type	Executive
Membership Start Date	2021-03-14 Corresponding to 1442-08-01
Brief Resume of the Appointed Member	It should be noted that Bandar bin Mohamed al-Samaani is one of the founders of the "Al-Samaani Factory for Metal Industries Co Previously" "currently Sadr Logistics Co" and held the position of CEO of the company for more than twenty years.

Bandar bin Mohamed Al-Samaani is one of the distinguished national competencies and has a diverse experience of more than 20 years in the field of investment, industry, business development and corporate transformation.

Element List	Explanation
Date of Board Meeting in which Appointed New Member(s) were Appointed	2021-03-14 Corresponding to 1442-08-01
Board Approval	The Board approved the appointment of the Managing Director on March 14-2021, based on the recommendation of the Remuneration and Nominations Committee.
Additional Information	The Chairman and members of the Company’s Board of Directors also wished the Managing Director success in leading the company and achieving the goals and aspirations of its shareholders in developing the company's performance and growth.

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