Sector News

Saudi’s Almarai Chief Executive Resigns, New CEO Appointed

February 3, 2015
Consumer Packaged Goods
(Reuters) – Almarai, the Gulf’s largest dairy company, has appointed a new chief executive after the previous one resigned to become Saudi Arabia’s agriculture minister, it said on Sunday.
 
Georges Schorderet, previously the company’s chief operating officer, is taking over from Abdulrahman Al Fadley, who stepped down as chief executive on Jan. 29 after he was appointed agriculture minister, Almarai said in a statement.

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