Savola Group — Board/Management Information 2017

May 7, 2017

Savola Group announces the appointment of Vice-Chairman of the Board

2050 · 07/05/2017 08:01:33 · Announcement #46794 · View on Saudi Exchange

Savola Group announces the appointment of Vice-Chairman of the Board

Savola Group is pleased to announce the decision of its Board of Directors on its meeting held on 4 May 2017 appointing Mr. Badr Abdullah Al-Issa (non-executive member) as Vice-Chairman of the Board based on the Compensation and Nomination Committee recommendation, effective 19/04/2017 until the end of the current office term of the Board, ending on 30/06/2019.

It's worth mentioning that Mr. Bader Al Issa holds an MBA from Rice University in the United States and is a Chartered Financial Analyst. He is also a Board Member in a number of joint stock companies such as Al-Marai, Banque Saudi Fransi, and Dur Hospitality beside his membership in Savola Board of Directors since 10/08/2011.

The board members wished Mr. al Issa all the best in his new position.

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