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Yamama Cement Co. — Board/Management Information 2021
Apr 20, 2021
53346_rns_2021-04-20_b6da31c6-a6d3-4cc5-9e3f-63fbe434d034.html
Board/Management Information
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Yamama Cement Company Announces the formation of the Board of Directors in its new session and the Board Committees
3020 · 20/04/2021 08:19:39 · Announcement #62892 · View on Saudi Exchange
Yamama Cement Company Announces the formation of the Board of Directors in its new session and the Board Committees
| Element List | Explanation |
|---|---|
| Announcement Detail | Yamama Cement Company announces that its board of directors in the new session, which has started on Monday 16/08/1442H (corresponding 29/03/2021) for a period of three years has decided in the first meeting that was arranged on 19 April 2021 the following: |
First: Choosing Prince. Turki bin Mohammed bin Abdulaziz bin Turki Al Saud (Non-executive member) as board of directors’ chairman.
Second: Choosing Prince. Nayef bin Sultan bin Mohammed bin Saud Al-Kabeer. (Non-executive member) as deputy of chairman.
Third: Forming the Nomination and Rewards Committee as follows:
1. Mr. Abdullah bin Abdulrahman Al-Abikan (Independent member) - Chairman of the Committee.
2. Prince. Nayef bin Sultan bin Mohammed bin Saud Al-Kabeer. (Non-executive member).
3. Eng. Faisal bin Suleiman Al-Rajhi (Non-executive member).
And, the company would like to clarify the following:
• Electing the Chairman of the Audit Committee by the Committee, which was approved in the Eighteenth Extraordinary General Assembly on March 28, 2021, and it is as follows:
1. Mr. Raed bin Ali Al-Seif (Outside the Board) -Chairman of the Committee.
2. Mr. Abdullah bin Mohammed Al-Bahouth. (Independent member).
3. Mr. Lotfi Shehadeh (Outside the Board).
• Changing the Job title of the general manager of the company, Mr. Jehad bin Abdulaziz Al-Rasheed to the CEO of the company.
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.